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Angel

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Angel

Viewing 2 posts - 1 through 2 (of 2 total)
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  • March 25, 2019 at 10:20 pm #510436
    w01122
    Member
    • Topics: 12
    • Replies: 20
    • ☆

    Hi there,

    I’m probably missing something really simple here, but why do we deduct 2 from the ‘purchase of subsidiary’ under cash flows from investing activities?

    Thanks in advance

    March 27, 2019 at 9:22 pm #510648
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7079
    • ☆☆☆☆☆

    Hi,

    The figure reported is the net cash flow. So the 2 is the cash that has come in to the group that is held in the subsidiary on the date of acquisition.

    Thanks

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