3.3 SOCF

Question 1

Cash receipts from the sale of goods and the rendering of services

Answer 1

Operating activities

Question 2

Cash receipts and payments from contracts held for dealing or trading purposes

Answer 2

Operating activities

Question 3

Cash receipts from royalties, fees commissions and other revenue

Answer 3

Operating activities

Question 4

Cash payments to suppliers for goods and services

Answer 4

Operating activities

Question 5

Treasury bills

Answer 5

Cash equivalents

Question 6

Cash payments to and on behalf of the employees

Answer 6

Operating activities

Question 7

Commercial papers

Answer 7

Cash equivalents

Question 8

Cash receipts and cash payments of an insurance enterprise for premiums and claims, annuities and other policy benefits

Answer 8

Operating activities

Question 9

Money market instruments (3 months or less)

Answer 9

Cash equivalents

Question 10

Cash payments or refunds of income taxes unless they can be specifically identifies with financing & investing activities

Answer 10

Operating activities

Question 11

Cash receipts from future contracts, forward contracts, option contracts and swap contracts except when the contracts are held for dealing or trading purposes, or the receipts are classified as financing activities

Answer 11

Investing Activities

Question 12

Cash payments for future contracts, forward contracts, option contracts and swap contracts except when the contracts are held for dealing or trading purposes, ot the payments are classified as financing activities

Answer 12

Investing Activities

Question 13

Cash proceeds from issuing shares or other equity instruments

Answer 13

Financing Activities

Question 14

Cash receipts from the repayment of advances and loans made to other parties (other than advances and loans by a financial institution)

Answer 14

Investing Activities

Question 15

Cash payments to owners to acquire or redeem the enterprise’s shares

Answer 15

Financing Activities

Question 16

Cash proceeds from issuing debentures, loans, notes, bonds, mortgages and other short or long-term borrowings

Answer 16

Financing Activities

Question 17

Cash payments to acquire investments in equity or debts instruments of other enterprises and interests in joint ventures (other than those payments for those instruments considered to be cash equivalents & those held for dealing or trading purposes)

Answer 17

Investing Activities

Question 18

Cash repayments of amounts borrowed

Answer 18

Financing Activities

Question 19

Cash receipts from sales of PPE, intangibles and long-term assets

Answer 19

Investing Activities

Question 20

Cash payments by a lesse for the reduction of the outstanding liability relating to a lease

Answer 20

Financing Activities

Question 21

Acquisition of assets either by assuming directly related liability or by means of a finance lease

Answer 21

Non-cash investing and financing transactions

Question 22

Cash payments to acquire PPE, intangibles and long-term assets. These payments includes those relating to capitalized development costs and self-constructed PPE

Answer 22

Investing Activities

Question 23

Acquisition of an enterprise by means of an equity issue

Answer 23

Non-cash investing and financing transactions

Question 24

Cash receipts from sales of investments in equity or debts instruments of other enterprises and interests in joint ventures( other than receipts for those instruments considered to be cash equivalents and those held for dealing or trading purposes)

Answer 24

Investing Activities

Question 25

Conversion of debt to equity

Answer 25

Non-cash investing and financing transactions

Question 26

Cash advances and loans made to other parties (other than advances and loans made by a financial institution)

Answer 26

Investing Activities