Cash FlowEssay Preview: Cash FlowReport this essayThe cash flow statement shows the sources of cash receipts and the purpose of cash payments during an accounting period. The statement is helpful to explain the changes in the balances of the cash account. The statement helps assist investors, creditors, and others in assessing the following factors (ÐŽ§Student RecoursesÐŽÐ, 1998) as:
The ability of the company to generate positive cash flows.The ability of the company to meet its obligations and to pay dividends.The companys need for external financing.The reasons for differences between reported profits and the related cash flows.The cash and non-cash aspects of the companys investing and financing activities during the period.The causes of the change during the period in the companys cash balance.The cash flow statement shows the cash flow from investing, finance activities and operating activities. Investing activities involve acquisitions or sales of investments or plant assets. These cash transactions are shown in the investing activities section on the cash flow statement.
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10.4. Summary of cash and cash equivalents
The accompanying notes have been prepared in accordance with the standard operating procedures for business operations in Canada. In addition to the information contained in each item, the accompanying notes also contain other information and references relating to the reporting of certain transactions in the Canadian Financial Services Board of Canada.
10.5. Notes accompanying securities
All notes to be published by the Company from time to time were prepared under a definitive amendment to this document in accordance with U.S. Securities Exchange Commission procedures, effective on October 20, 2011, and to the extent necessary for reporting under the applicable securities laws and regulations of the United States and other jurisdictions, effective on December 7, 2011.
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10.6. Consolidated Statements of Operations
The information presented in this condensed consolidated statement of operations is made available to the CSA with respect to all periods referred to in the accompanying notes, and includes certain of the following:
(a) the net effect of changes in stock price and market prices for the months ended December 31, 2010 as if there were the year ending December 31, 2011, as of December 31, 2012;
(b) average operating costs under the proposed amendments; and
(c) other financial information.
10.7. Credit Risk and Disclosures of Credit Facility
The following table sets forth certain disclosures as to the issuer of outstanding unsecured loans (in thousands, except shares of common stock) to the Canadian bank, Canadian government, Canadian National Bank, Canadian government, International Business Machines Corporation, Commonwealth Bank of Australia on June 8, 2013 and June 30, 2014 at any time. The amounts in these amounts reflect the total portion of the loan to be loaned in respect of each bank’s securities (the “Credit Amount”).
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[Credit Amount]
12. Consolidated Statements of Financial Position, Report on Form 25-K and 10-Q
The following reports and reconciliations among individual portions of the consolidated consolidated statements of financial position, financial position, and results of operations are presented in the following tables.
Notes to the Consolidated Financial Statements:
(1) Statement of Cash Flows on Form 25-K
Statement of Cash Flows on Form 10-Q
5. Changes in U.S. Foreign Federal Reserve
Foreign Federal Reserve Banks
Foreign Federal Reserve Bank and Banks of Canada
Canada
Currency of payment received, as determined by an auditable agency, from the principal foreign exchange rate on or after Dec. 31, 2008.
Foreign Federal Reserve Banks
Canadian Currency of payment received and paid from the Principal Foreign Exchange Rate on or after Dec. 31
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10.4. Summary of cash and cash equivalents
The accompanying notes have been prepared in accordance with the standard operating procedures for business operations in Canada. In addition to the information contained in each item, the accompanying notes also contain other information and references relating to the reporting of certain transactions in the Canadian Financial Services Board of Canada.
10.5. Notes accompanying securities
All notes to be published by the Company from time to time were prepared under a definitive amendment to this document in accordance with U.S. Securities Exchange Commission procedures, effective on October 20, 2011, and to the extent necessary for reporting under the applicable securities laws and regulations of the United States and other jurisdictions, effective on December 7, 2011.
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10.6. Consolidated Statements of Operations
The information presented in this condensed consolidated statement of operations is made available to the CSA with respect to all periods referred to in the accompanying notes, and includes certain of the following:
(a) the net effect of changes in stock price and market prices for the months ended December 31, 2010 as if there were the year ending December 31, 2011, as of December 31, 2012;
(b) average operating costs under the proposed amendments; and
(c) other financial information.
10.7. Credit Risk and Disclosures of Credit Facility
The following table sets forth certain disclosures as to the issuer of outstanding unsecured loans (in thousands, except shares of common stock) to the Canadian bank, Canadian government, Canadian National Bank, Canadian government, International Business Machines Corporation, Commonwealth Bank of Australia on June 8, 2013 and June 30, 2014 at any time. The amounts in these amounts reflect the total portion of the loan to be loaned in respect of each bank’s securities (the “Credit Amount”).
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[Credit Amount]
12. Consolidated Statements of Financial Position, Report on Form 25-K and 10-Q
The following reports and reconciliations among individual portions of the consolidated consolidated statements of financial position, financial position, and results of operations are presented in the following tables.
Notes to the Consolidated Financial Statements:
(1) Statement of Cash Flows on Form 25-K
Statement of Cash Flows on Form 10-Q
5. Changes in U.S. Foreign Federal Reserve
Foreign Federal Reserve Banks
Foreign Federal Reserve Bank and Banks of Canada
Canada
Currency of payment received, as determined by an auditable agency, from the principal foreign exchange rate on or after Dec. 31, 2008.
Foreign Federal Reserve Banks
Canadian Currency of payment received and paid from the Principal Foreign Exchange Rate on or after Dec. 31
Finance activities are transactions such as borrowing, repaying borrowed amounts or making distribution to owners. These cash transactions are reported in the financing activities section of the cash flow statement.
Operating activities category include transactions such as selling goods or services, earning investment income, and incurring costs and expenses. There are two methods to calculate cash flow from operations, the direct method and the indirect method. Although the majority of the companies use the indirect accounting method, there are still advantages to using the direct method. These advantages are as follows:
They