Consolidated Cash Flows

Dear Sir / Madam,

On the same lines for Consolidated Income Statement we prepare Consolidated Cash Flows only for Subsidiaries and NOT FOR Associates – Trade Investment – Is it Correct ! Kindly advise.
Further If during the year New Acquisitions come we add them / consolidate them since they are part of Group at year end.
But by disposal we happen to lose control over subsidiary – should we be effecting adjustments for them apart from disposal of assets and liabilities.
Kindly advise.

Deep