Restituto R.

Adoremus, cpa's

ANY COMPANY
STATEMENT OF CASH FLOWS

Year ended December 31

2021 2020

CASH FLOWS FROM OPERATING ACTIVITIES

Net income P P
Adjustments for:
Depreciation (Note 10)
Operating income before working capital changes - -
Decrease (increase) in:
Expendable materials and supplies
(Note 5)
Prepaid items (Note 6)
Increase in:
Accounts payable and accrued expenses
(Notes 13 and 17)
Income tax (Notes 14 and 17)
net retirement obligation
Advances from stockholders
(Notes 15 and 17)

Net cash from operating activities - -

CASH FLOWS FROM INVESTING ACTIVITIES

Additions to property and equipment
(Note 10)
Plan assets
Investment in shares
Deferred income tax asset (Note 14)

Net cash used in investing activities - -

CASH FLOWS FROM FINANCING ACTIVITIES

Proceeds of capital stock - -
Long term debt -
Additional paid in capital - -
Remeasurement of gain (loss) on retirement -
Retirement obligation - -

Net cash used in financing activities - -

NET INCREASE (DECREASE) IN CASH AND

CASH EQUIVALENTS - -

CASH AND CASH EQUIVALENTS

AT BEGINNING OF YEAR -

CASH AND CASH EQUIVALENTS

AT END OF YEAR P - P

See accompanying Notes to Financial Statements