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Sir,
1) if some interests and taxes are shown in the statement of P&L {as per the question} do we add it back always in the operating profit?
or do we just add interests?The figure that we need at the top of a statement of cash flows is the figure for profit before interest and tax
If the only figure that we have easily available is profit after interest and / or tax then we need to add interest and / or tax back to arrive at our desired start point
OK?
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