Summary Cash Flow Statement Format with notes (grd 12)
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Course
Accounting
Institution
12th Grade
These notes include the format of the cash flow statement and its relevant notes with extra information of what each line item means as well as how to go about completing your cash flow statement correctly. These are small hints and notes which I learned off by heart in order to always get 80%+ whe...
Chapter 3: Cash flow statement
Skeletons
Cash flow statement for year ended ______________________________
note R
Cash effects of operating activities
Cash generated from operations 1
Interest paid ALWAYS in brackets
( )
Interest received NEVER in brackets
Dividends paid 3
( )
Income tax paid 4
( )
Cash effects of operating activities Fixed assets and fixed deposits
Tangible assets purchased 5
ALWAYS in brackets – paid for asset – outflow ( )
Proceeds from sale of fixed asset
NEVER in brackets – inflow
Fixed deposit matured
NEVER brackets – we received the money – outflow
Fixed deposit placed ALWAYS brackets – we paid the money - outflow
( )
Cash effects from financing activities
Loans and shares
Proceeds from shared issued NEVER in brackets
If shares have been repurchased → reconstruct OSC account
Repurchase of shares Outflow – ALWAYS brackets
OSC and retained income amounts (bank amount) ( )
Loan repayment Outflow – paid the money – ALWAYS brackets
( )
Proceeds from long term loans
Inflow – received the money – inflow
Net change in cash and cash equivalents 2
Cash and cash equivalents – beginning of year 2
Cash and cash equivalents – end of year 2
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