IAS 7 Flashcards
Parts of SCF?
Net cash from operating activities
Net cash from investing activities
Net cash from financing activities
How to calculate dividend paid?
c/f balance retained earnings - (b/f Retained earnings + PFY - bonus issue)
Calculate total cash for one year?
Cash + cash equivalents - overdraft
Calculate cash movement?
c/f - b/f
How to calculate interest payable?
c/f - (b/f + finance cost)
How to calculate tax paid?
c/f current&deferred - (b/f current&deferred + charge for year (SPL))
If amount positive, it is received
How to calculate purchase of plant?
c/f - (b/f + revaluation gain - disposal - depreciation)
Operating activities proforma (before working capital)
Profit before tax (positive)
Finance cost/interest expense (positive)
Investment income (negative)
Depreciation/amortisation (positive)
Profit on disposal of PPE (negative)
Loss on disposal of PPE (positive)
Operating activities proforma? (working capital and after)
Increase in inventories (negative)
Increase in trade receivables (negative)
Increase in trade payables (positive)
Increase in provisions (positive)
Interest paid (negative)
Income taxes paid (negative)
Investing activities proforma
Purchase of PPE (negative)
Proceeds from sale of PPE (positive)
Proceeds from sale of investment property (positive)
Development expenditure (negative)
Financing activities proforma?
Proceeds from issue of share capital (positive)
Proceeds from issue of loan notes (positive)
Proceeds from issue of debentures (positive)
Lease obligations paid (negative)
Payment of lease liabilities (negative)
Dividends paid (negative)
Proceeds calculation?
Carrying amount (=proceeds) - loss
Payment of lease obligations calculation?
c/f - (b/f + right-of-use asset - direct costs)
How to calculate development expenditure?
c/f - (b/f - amortisation)
How to calculate payment of lease liabilities?
c/f (non-current + current) - (b/f (non-current + current) + new lease)
