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Group Statement of cash flows

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  • April 11, 2020 at 3:19 pm
    Group Statement of cash flows 2
    toushiga
    Participant

    Sir, I have a query related to SBR Dec 2018 Q1 part(ii)-MoyesGroup

    “The share of profit of associate is an item of income associated with investing activities and so has been deducted”

    Is it its not cash flows(share of profit) and we should only include the div received from an associate in the cash flows from investing activities?

    Thanks.

    April 12, 2020 at 7:46 am
    Group Statement of cash flows 3
    Stephen Widberg
    Moderator

    With Associates, we show dividend INSTEAD of profit.

    So:
    1. Add back profit
    2. Deduct dividend

    April 12, 2020 at 1:42 pm
    Group Statement of cash flows 2
    toushiga
    Participant

    Why div receive from an associate is deduct div not added?

    April 13, 2020 at 8:23 am
    Group Statement of cash flows 3
    Stephen Widberg
    Moderator

    Because it makes cash go OUT of business.

    May 11, 2020 at 12:59 pm
    Group Statement of cash flows 2
    toushiga
    Participant

    Should we receive div from associate which is Cash Go In to the business?

    May 11, 2020 at 3:28 pm
    Group Statement of cash flows 3
    Stephen Widberg
    Moderator

    Yes the dividend itself is an INFLOW of cash in the investing part of the cash flow statement

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