Scribd Logo
Upload

Welcome to Scribd!

  • Cash Flow From Operating Activities

    Uploaded by

    Cn-i Meii Chii
    6 views1 page
    Shine Co.'s statement of cash flows for 2018 shows they had net cash provided by operating activities of $51.25 million. Net cash used in investing activities was $14 million due to purchases and sales of various assets. Net cash used in financing activities was $35.25 million primarily due to dividend payments and bond redemption, resulting in a net increase in cash of $2 million.

    Original Description:

    ..

    Original Title

    Shine Co

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    Shine Co.'s statement of cash flows for 2018 shows they had net cash provided by operating activities of $51.25 million. Net cash used in investing activities was $14 million due to purchases and sales of various assets. Net cash used in financing activities was $35.25 million primarily due to dividend payments and bond redemption, resulting in a net increase in cash of $2 million.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    6 views1 page

    Cash Flow From Operating Activities

    Uploaded by

    Cn-i Meii Chii
    Shine Co.'s statement of cash flows for 2018 shows they had net cash provided by operating activities of $51.25 million. Net cash used in investing activities was $14 million due to purchases and sales of various assets. Net cash used in financing activities was $35.25 million primarily due to dividend payments and bond redemption, resulting in a net increase in cash of $2 million.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Shine Co.

    Statement of Cash Flow


    For the Year Ended December 31, 2018
    Cash flow from operating activities
    Cash receipt from customer 455.500.000
    Cash payment:
    To supplier 379.000.000
    For operating expense 900.000
    For interest 13.000.000
    For income taxes 11.350.000 (404.250.000)
    Net cash provided by operating activities 51.250.000

    Cash flow from investing activities


    Purchase of land (12.000.000)
    Sale of building 15.000.000
    Purchase of building (22.500.000)
    Sale of equipment 29.250.000
    Sale of machine 12.250.000
    Purchase of machine (36.000.000)
    Net cash used by investing activities (14.000.000)

    Cash flow from financing activities


    Receipt from bank loan 10.000.000
    Redemption of bonds payable (25.000.000)
    Payment of dividend (20.250.000)
    Net cash used by financing activities (35.250.000)
    Net increase in cash 2.000.000
    Cash at beginning of period 19.500.000
    Cash at end of period 21.500.000

    Notes 1
    Non-cash financing & investing activities
    Issuance of ordinary shares to purchase equipment 35.000.000

    You might also like