cfs(厦门大学mba中心 郑炜玲).pdf

The Statement of Cash Flows 主讲:郑炜玲 TEL : 2187902 ( O ) ********** E-mail : zhengweiling@ 2003-07-01 厦门大学 MBA 中心郑炜玲 2 Main Points of Today Main Points of Today ? H ow to prepare the Statement of Cash Flows ? – D irect Method – I ndirect Method ? H ow to use the Statement of Cash Flows ? – T he Four-Step Process 2003-07-01 厦门大学 MBA 中心郑炜玲 3 一、现金流量表介绍一、现金流量表介绍 Purpose of the statement of CFS: Helps investors with questions about : ? Ability to generate positive cash flows. ? Ability to meet its obligations and to pay dividends. ? Need for external financing. ? Investing and financing transactions for the period. ?反映净利润的质量、企业运用现金的能力、和企业的偿债能力。 Purpose of the statement of CFS: Helps investors with questions about : ? Ability to generate positive cash flows. ? Ability to meet its obligations and to pay dividends. ? Need for external financing. ? Investing and financing transactions for the period. ?反映净利润的质量、企业运用现金的能力、和企业的偿债能力。 2003-07-01 厦门大学 MBA 中心郑炜玲 4 Cash and Cash Equivalents Cash and Cash Equivalents ?现金:包括库存现金、可以随时用于支付的银行存款和其他货币资金–定期存款不属于现金?现金等价物:期限短、流动性强、易于转化为已知金额的现金、价值变动风险较小的短期投资。–自购买日起 3 个月内到期的短期债券 2003-07-01 厦门大学 MBA 中心郑炜玲 5 Consolidated Statements of Cash Flows: Colgate-Palmolive (In millions) 1994 1993 1992 Operating Ac cash provided by operations Investi n g cash used for investing activities () () () Financing cash used for Financing activities () () () Effect of exchange rate changes on cash () () () Net increase(decrease) in cash $ $ $ () Consolidated Statements of Cash Flows: Colgate-Palmolive (In millions) 1994 1993 1992 Operating Ac cash provided by operations Investi n g cash used for investing activities () () () Financing cash used for Financing activities