Angel

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March 25, 2019 at 10:20 pm #510436
w01122
Member
- Topics: 12
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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
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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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