CASHFLOW

Hi,

It was last examined in December 2013. It is due to make an appearance some time soon I’d have thought but I’d also ensure that you are happy dealing with a SFP or SPLOCI.

Thanks

Don’t dread cash flow! Get yourself a good exam technique and you’ll be fine.

You can try this is you wish.

Start with PBT

Look up and adjust for interest and associates

Look down and adjust for tax and dividends (you might need to use the group SOCE)

Adjust for working capital balances including the acquisition/disposal of a subsidiary.

Look at the movement in share capital/premium and debt balances.

Look at non-current assets (PPE, intangibles, financial asset)

Once you’ve down that then you’ll have comfortably passed.

The key is to remember is that you are looking for either a cash inflow or outflow and then possibly a non-cash item (depreciation, impairments, profit on disposal)

Thanks