ACTIVE COMPANY/CORPORATION

Statement of Cash Flows

For the Year Ended December 2021

Profit before income tax ₱ 580,000

Adjustment for:
Accumulated Depreciation 290,000
Profit before Working Capital changes 870,000
Changes to non-cash Working Capital
Decrease in Accounts Receiveble 110,000
Increase in Inventory -200,000
Decrease in Accounts Payable -90,000
Net Changes to Working Capital -180,000
Net cash provided by (used in) operating activity ₱ 690,000

Purchased of equipment -880,000

Net cash provided by (used in) investing activity -880,000

Dividends paid (580K-320K) - 260,000

Issuance of share 550,000
Net cash provided by (used in) financing activity ₱ 290,000

Net cash generated 100,000

Add: Cash, beginning 42,000
Cash, ending 142,000
 BRAVE COMPANY
STATEMENT OF CASH
For the Year Ended December 2021

Profit ₱ 2,068,500
Adjustement for:
Non-cash items:
Depreciation 750,000
Items for which the cash effects are investing or financing cash flow
Gain on Sale on Plant Asset - 300,000
Profit before changes in Working Capital ₱ 2,518,500
Changes to operating asset and liabilities
Decrease (increase) in:
Accounts Receivable - 600,000
Prepaid Rent - 6,000
Inventory - 150,000
Accounts Payable - 285,000
Salaries Payable 120,000
Salaries Expense
Interest Expense - 100,000
Income Tax Expense - 886,500
Net cash provided by (used in) operating activity ₱ 611,000
Proceeds from sale of Plant Asset 500,000
Purchase of Plant Assets - 5,100,000
Investment in Associate 4,000,000
Net cash provided by (used in) investing activity -₱ 600,000

Dividends paid - 1,200,000

Issuance of Share Capital 5,000,000
Proceeds from short-term debts 6,000,000
Net cash provided by (used in) financing activity ₱ 9,800,000
RAVE COMPANY
TEMENT OF CASH
ar Ended December 2021

2,100,000 ₱ 9,811,000
 CAREFUL COMPANY/CORPORATION
Statement of Cash Flows
For the Year Ended December 2021

Accumulated Depreciation 200,000

Increase in Trade Securities -100,000 300k-400k
Increase in Accounts Receivable -500,000 1.4m-1.9m
Decrease in Inventory 150,000 3.2m-3.050m
Increase in Accounts Payable 300,000 1.9m-2.2m
Accumulated Amortization 100,000
Loss on Sale of Equipment 80,000 900k-400k-420k
Total Operating Activities ₱ 230,000

Decrease in Long-term Investment 250,000 1.250m-1m

Increase in Property and Equipment -1,000,000 8m-9m
Sell of Long-term Investment 280,000 280k
Selling price of Equipment 420,000 420k
Total Investing Activities -₱ 50,000

Payment of Cash Dividend - 750,000 750k

Increase in Bonds Payable 50,000 300k-250k
Share Capital 1,000,000 6.5m-7.5m
Total Financing Activities ₱ 300,000