Statement of Cash Flows

Definition: Cash inflows and outflows

Scope:Very BroadDifficulty:Easy

Cash inflows and outflows

Comparative
Fictitious Conglomeration Corporation
Statement of Cash Flows (Indirect Method)
For the Year Ended December 31, 2025
Cash Flows from Operating Activities
Net Income$124,840
Adjustments for Non-Cash Items:
Depreciation$68,000
Amortization of Intangible Assets8,000
Deferred Income Tax4,200
Changes in Operating Assets & Liabilities:
(Increase) in Accounts Receivable(19,280)
(Increase) in Inventory(12,300)
Decrease in Prepaid Expenses3,600
Increase in Accounts Payable10,200
Increase in Accrued Expenses6,540
Increase in Unearned Revenue3,200
Net Cash from Operating Activities$197,000
Cash Flows from Investing Activities
Purchase of Property, Plant & Equipment($125,000)
Purchase of Short-Term Investments(15,000)
Net Cash from Investing Activities($140,000)
Cash Flows from Financing Activities
Proceeds from Long-Term Borrowings$50,000
Repayment of Long-Term Debt(25,000)
Member Distributions(50,000)
Net Cash from Financing Activities($25,000)
Net Increase in Cash$32,000
Cash at Beginning of Year92,500
Cash at End of Year$124,500

Operating + Investing + Financing = $197,000 + ($140,000) + ($25,000) = $32,000 net increase

Indirect Method: Starts with net income and adjusts for non-cash items (depreciation, amortization) and changes in working capital to arrive at cash from operations. This is the most common method because it reconciles accrual-basis income to cash flow. Both methods produce the same Net Cash from Operating Activities; only the presentation of the operating section differs. Investing and financing activities are identical under both methods.

DurationN/A

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