Question

Exercise 12-9 Indirect: Preparing statement of cash flows LO P1 Seugeot S.A. reports the following financial information for the year ended December 31, 2016 (euros in millions). (Hint: Each line item below is titled, and any necessary parentheses added, as it is reported in the statement of cash flows.) Net income (loss) €1, 949 Cash from issuances of shares € 329 2,476 Depreciation, amortization, and impairment Losses on disposals and other Net decrease in current operating assets & other Cash paid for dividends Cash paid for other financing activities Cash from disposal of plant assets & intangibles Cash paid for plant assets, intangibles & other Cash and cash equivalents, December 31, 2015 (1,960) 82 250 1,942 (15) (2,785) 11,299 Prepare its statement of cash flows under the indirect method. (Enter your answers in millions. Amounts to be deducted should be indicated with a minus sign.)

Answer 1

EURO's 1,949 Seugeot S.A. Cashflow Statement as at 31st December 2016 using Indirect method :- Particulars EURO'S Cash Flows From Operating Activities: Net Income Adjustments to Reconcile Net Income to Net Cash Add: Depreciation Expense, Amortization and Impairement 2,476 Add: Loss on disposal and others 82 Changes in Working Capital :- Add: Decrease in current operating assets and others 1,942 Cashflow from Operating Activities 6,449 Cash Flows From Investing Activities: Cash received from disposal of plant assets and intangibles Cash paid for plant assets, intangibles and others Change in cash due to Investing Activties 250 (2,785) (2,535) (15) 329 (1,960) Cash Flows From Financing Cash paid for Dividends Cash received from issue of shares Cash paid for Other financing activties Change in cash due to Financing Net Changes in Cashflow from all activities Cash at the beginning of the year Cash at the end of the year (1,646) 2,268 11,299 13,567