Excel

Excel Skills
Skills || Cash
Cash Flow
Flow Statement
Statement Template
Template

About
About this
this template
template
This
This template
template enables
enables users
users to
to automatically
automatically compile
compile aa complete
complete cash
cash flow
flow statement
statement by
by simply
simply entering
entering basic
basic income
income
information.
The
template
includes
a
current
and
comparative
financial
period
and
detailed
instructions
on
information. The template includes a current and comparative financial period and detailed instructions on the
the calcula
calcul
included
included on
on the
the cash
cash flow
flow statement.
statement. The
The template
template includes
includes statements
statements of
of cash
cash flow
flow that
that have
have been
been compiled
compiled based
based
methods.
methods.
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About
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About this sample file
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document is
is only
only aa sample
sample of
of the
the cash
cash flow
flow statement
statement template.
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ment
ment by
by simply
simply entering
entering basic
basic income
income statement
statement and
and balance
balance sheet
sheet
dd detailed
instructions
on
the
calculation
of
the
line
items
detailed instructions on the calculation of the line items that
that are
are
ow
ow that
that have
have been
been compiled
compiled based
based on
on both
both the
the direct
direct and
and indirect
indirect

ware
ware solutions
solutions than
than regular
regular Excel
Excel templates.
templates. Most
Most Excel
Excel templates
templates
eports
eports based
based on
on limited
limited user
user input.
input. You
You also
also don't
don't need
need advanced
advanced
input
input and
and include
include comprehensive
comprehensive step
step by
by step
step instructions.
instructions.

e created
ve
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emplate -- the
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Excel Skills | Cash Flow Statement Template

Instructions
www.excel-skills.com
This template enables users to automatically compile a complete cash flow statement by simply entering basic income
statement and balance sheet information. The template includes a current and comparative financial period and detailed
instructions on the calculation of the line items that are included on the cash flow statement. The template includes
statements of cash flow that have been compiled based on both the direct and indirect methods.

On
Onthis
thissheet:
sheet:

This
This sheet
sheet includes
includes detailed
detailed instructions
instructions
on
on setting
setting up
up and
and using
using this
this template.
template.

The following sheets are included in this template:

Info - this sheet includes all the input cells that are used in compiling the cash flow statement. User input consists of an
income statement and a balance sheet as well as some additional information that is required in order to produce a cash flow
statement.
Direct - this sheet includes a complete cash flow statement based on the direct method that is automatically calculated from
the information that is entered on the Info sheet. No user input is required on this sheet.
Indirect - this sheet includes a complete cash flow statement based on the indirect method that is automatically calculated
from the information that is entered on the Info sheet. No user input is required on this sheet.

User Input
All the cells on the Info sheet that require user input are indicated by a yellow or green cell background in the column to the
right of the appropriate input cell. The cells that are indicated in yellow require positive values to be entered, while the cells
that are indicated in green require negative values to be entered. Cells that don't have a yellow or green colour next to them
contain formulas and should be left unchanged.
If you are concerned about replacing the formulas in the cells that do not require user input, we recommend that you protect
the sheet with a user defined password. Only valid input cells will then be available for user input. The Protect Sheet feature
can be accessed by selecting the main Tools menu, selecting Protection and selecting the Protect Sheet option. You will then
be required to enter and to confirm a user defined password (all input cells have already been unlocked in order to allow user
input).
The default reporting periods can be amended by simply entering a new year in cell B3. All the other cells in this template
that contain references to the reporting periods will automatically be amended.
The additional information section requires users to specify whether any business acquisitions, disposals of property, plant
and equipment or raising of long term finance occurred during the current and previous financial periods. The default input
values in these cells can be replaced by nil values if they are not applicable.
You'll also notice that three years' balance sheet information is required in order to produce a cash flow statement with
accurate comparative data.
The balance sheet control total in row 48 has been added to the sheet in order to highlight an imbalance on the balance
sheet after entering the required balance sheet information. If an imbalance is encountered, the appropriate cells in this row
will be highlighted in orange.
Similarly, the depreciation control total in row 49 will indicate if the sum of the depreciation that is specified in the income
statement section and the accumulated depreciation that is specified in the Disposal of Property, Plant & Equipment section
does not agree to the movement in the accumulated depreciation balance on the balance sheet. Any imbalance that is
encountered will also be highlighted in orange.

Cash Flow Statement Calculation

This section of the instructions provides more information on the calculations that are performed for each line item that is
included in the cash flow statements. Note that both cash flow statements are calculated automatically and no user input is
therefore required on either the Direct or Indirect sheets.

Page 3 of 9

This is the only

protected sheet in the
full version of the
template!

Excel Skills | Cash Flow Statement Template

Instructions
www.excel-skills.com
Cash receipts from customers
On
Onthis
thissheet:
sheet:

This amount is calculated by adding the appropriate turnover amount to the opening accounts receivable balance and the
accounts receivable balance that forms part of business acquisitions for the particular period. The closing accounts
receivable balance is then deducted from this total in order to calculate the amount of cash that has been received from
customers.
Cash paid to suppliers and employees
This amount is determined by calculating the cash generated from operations and deducting the cash receipts from
customers from this amount. The calculation of cash generated from operations is discussed in the next section.
An alternative calculation of the cash paid to suppliers and employees is as follows:
Profit before taxation
Less: Turnover
Add: Depreciation
Add: Interest expense
Less: Investment income
Add: Other non-cash items that are included in expenditure (for example: loss on disposal of equipment)
Add: Inventory opening balance
Less: Inventory closing balance
Add: Trade payables closing balance
Less: Trade payables opening balance
As you can see, this calculation is quite complicated and we therefore recommend calculating the cash generated from
operations and then simply deducting the cash receipts from customers from this amount.
Cash generated from operations
A detailed calculation of this amount is included below the cash flow statement on the Direct sheet and at the top of the cash
flow statement on the Indirect sheet. The calculation starts with the profit before taxation and all non-cash income &
expenses and items that are included in other line items on the cash flow statement are then added back.
Investment income and interest expenses are added back because these items are included separately on the cash flow
statement. The depreciation and profit or loss from sale of property, plant & equipment amounts are non-cash items and are
therefore also added back.
The net effect of all working capital balances are then deducted in the calculation because these items also form part of
operating cash flow. Note that an increase in accounts receivable and inventory results of an outflow of cash and should
therefore be deducted. An increase in trade payables, however, results in an inflow of cash (because less payments are
made to trade creditors) and should therefore be added in the calculation. A decrease in trade payables is therefore an
outflow of cash and should be deducted.
Interest, Income tax and Dividends
These amounts are all calculated by adding the appropriate income statement amounts to the opening balance of the
appropriate provisions (liabilities) and deducting the closing balance of the appropriate provisions from this calculation. All
three amounts are negative because all three items result in an outflow of cash.
Business Acquisitions
This amount should be the total amount that was paid in order to acquire a new or existing business net of the cash amount
that was received from the business that was acquired.

Page 4 of 9

This
This sheet
sheet includes
includes detailed
detailed instructions
instructions
on
on setting
setting up
up and
and using
using this
this template.
template.

Excel Skills | Cash Flow Statement Template

Instructions
www.excel-skills.com
Also note that the amounts that are included in each individual asset class should be added to the appropriate opening
balance of the asset class in determining the increase or decrease in the balance of each asset class. For example, in
determining the increase in inventory, the inventory amount that forms part of the business acquisition section is added to the
opening inventory balance on the balance sheet before deducting the closing inventory balance in order to determine the
movement in inventory between the two financial years that are under review.
Purchase of property, plant and equipment
The amount of cash purchases of property plant & equipment is determined as follows:
Property, plant & equipment - closing balance at cost
Less: Property, plant & equipment - opening balance at cost
Less: Property, plant & equipment - acquired through business acquisitions
Add: Cost of assets that were sold during the period under review
Less: Acquisitions financed through financial leases

Note that the calculated amount is a cash outflow and should be included on the cash flow statement as a negative amount
and that financial leases do not result in an immediate outflow of cash and should therefore be excluded from this line item.
Payments of financial leases should be included under the financing activities section of the cash flow statement.
Also note that revaluations of property, plant and equipment should also be excluded from the cash flow statement by
deducting the movement in the revaluation reserve in the above calculation.
Proceeds from sale of equipment
This amount is the cash amount that is received after the sale of equipment and is included in the Additional information
section on the Info sheet.
Acquisition of portfolio investments
This amount is calculated by deducting the closing portfolio investment balance from the opening portfolio investment
balance.
Investment income
This amount is included in this section of the cash flow statement because it does not form part of operating cash flows. Note
that investment income is deducted in the cash generated from operations calculation because it is included in the profit
before tax and it is included as a separate line item on the cash flow statement.
Proceeds from issue of share capital
This amount is calculated by deducting the opening share capital balance from the closing share capital balance. An
increase in share capital results in an inflow of cash.
Proceeds from long-term borrowings
This amount is specified in the Additional information section on the Info sheet and should include all the long term debt that
was raised during the period under review, but should exclude all the finance leases that are deducted from the property,
plant & equipment cash acquisitions total.

Page 5 of 9

On
Onthis
thissheet:
sheet:

This
This sheet
sheet includes
includes detailed
detailed instructions
instructions
on
on setting
setting up
up and
and using
using this
this template.
template.

Excel Skills | Cash Flow Statement Template

Instructions
www.excel-skills.com
Payment of long-term borrowings
On
Onthis
thissheet:
sheet:

This
This sheet
sheet includes
includes detailed
detailed instructions
instructions
on
on setting
setting up
up and
and using
using this
this template.
template.

This amount is calculated as follows:

Long term debt closing balance
Less: Long term debt opening balance
Less: Long term debt included in business acquisitions
Less: Long term debt raised
Less: Finance lease acquisitions
The calculation should be included on the cash flow statement as a negative amount because the payment of long term debt
results in an outflow of cash. The finance lease acquisitions should be excluded because this amount is set off against the
property, plant & equipment acquisitions and the long term debt raised is deducted because it is included in a separate line
item on the cash flow statement.
Cash Flow Statement Control Total
The cash balance control total in row 32 on the Direct sheet and row 40 on the Indirect sheet has been included in order to
highlight an imbalance between the closing cash balance on the balance sheet and the closing cash balance on the cash
flow statement. If an imbalance is encountered on one of these sheets, the appropriate cells in this row will be highlighted in
orange.

Help & Customization

If you experience any difficulty while using this template and you are not able to find the appropriate guidance in these
instructions, please e-mail us at support@excel-skills.com for assistance. This template has been designed with flexibility in
mind to ensure that it can be used in most business environments. If however you need an Excel based template that is
customized specifically for your business requirements, please e-mail our Support function and provide a brief explanation of
your requirements.

Copyright

This template remains the intellectual property of www.excel-skills.com and is protected by international copyright laws. Any
publication or distribution of this template outside the scope of the permitted use of the template is expressly prohibited. In
terms of the permitted use of this template, only the distribution of the template to persons within the same organisation as
the registered user or persons outside the organisation who can reasonably be expected to require access to the template as
a direct result of the use of the template by the registered user is allowed. Subsequent distribution of the template by parties
outside of the organisation is however expressly prohibited and represents an infringement of international copyright laws.

Page 6 of 9

Financial Information
www.excel-skills.com

Current Reporting Period

2015

Income Statement

2015

2014

Turnover
Cost of sales
Gross profit
Depreciation
Administrative and selling expenses
Interest expense
Investment income
Profit before taxation
Taxes on income
Profit
Dividends paid
Retained Earnings

31,650.00
(26,000.00)
5,650.00
(450.00)
(950.00)
(400.00)
500.00
4,350.00
(300.00)
4,050.00
(1,200.00)
2,850.00

26,520.00
(24,280.00)
2,240.00
(260.00)
(800.00)
(300.00)
350.00
1,230.00
(145.00)
1,085.00
(200.00)
885.00

Balance Sheet

2015

2014

On
On this
this sheet:
sheet:

All
All the
the financial
financial information
information that
that is
is required
required in
in order
order
to
to produce
produce aa complete
complete cash
cash flow
flow statement
statement needs
needs to
to
be
entered
on
this
sheet.
Input
cells
are
indicated
be entered on this sheet. Input cells are indicated by
by
aa yellow
yellow (positive
(positive values)
values) or
or green
green (negative
(negative values)
values)
square
square next
next to
to the
the cell.
cell. All
All the
the other
other cells
cells contain
contain
formulas.
formulas.

2013

Assets
Cash and cash equivalents
Accounts receivable
Interest receivable
Inventory
Portfolio investments
Property, plant and equipment at cost
Accumulated depreciation
Property, plant and equipment net

1,230.00
1,800.00
100.00
2,200.00
2,500.00
3,730.00
(1,450.00)
2,280.00

160.00
1,200.00
1,650.00
2,500.00
1,910.00
(1,060.00)
850.00

320.00
695.00
900.00
2,000.00
1,500.00
(800.00)
700.00

Total assets

10,110.00

6,360.00

4,615.00

250.00
230.00
400.00
1,200.00
2,300.00

1,890.00
100.00
400.00
200.00
1,140.00

1,690.00
80.00
300.00
800.00

4,380.00

3,730.00

2,870.00

1,500.00
4,230.00

1,250.00
1,380.00

1,250.00
495.00

5,730.00

2,630.00

1,745.00

10,110.00

6,360.00

4,615.00

Liabilities
Trade payables
Interest payable
Income taxes payable
Dividends payable
Long term debt

Total liabilities
Shareholders equity
Share capital
Retained earnings

Total shareholders equity

Total liabilities and shareholders equity
Balance Sheet Control Total
Depreciation Control Total

Additional Information

2015

2014

Business Acquisitions Values

Inventories
Accounts receivable
Cash
Property, plant and equipment
Trade payables
Long-term debt

100.00
100.00
40.00
650.00
(100.00)
(200.00)
590.00

80.00
(60.00)
20.00

Proceeds

70.00

Profit / (Loss) on sale of equipment

50.00

Disposal of Property, Plant & Equipment

Cost
Accumulated Depreciation
Book value

Long Term Debt

Loans raised
Finance lease acquisitions

250.00
900.00
1,150.00

200.00
210.00
410.00

Page 7 of 9

Statement of Cash Flows

www.excel-skills.com

2015

2014

31,150.00
(29,190.00)
1,960.00
(270.00)
(300.00)
(200.00)
1,190.00

26,015.00
(25,630.00)
385.00
(280.00)
(45.00)
60.00

(550.00)
(350.00)
70.00
400.00
(430.00)

(200.00)
(500.00)
350.00
(350.00)

250.00
250.00
(190.00)
310.00

200.00
(70.00)
130.00

1,070.00

(160.00)

160.00

320.00

1,230.00

160.00

Cash flows from operating activities

Cash receipts from customers
Cash paid to suppliers and employees
Cash generated from operations
Interest paid
Income taxes paid
Dividends paid
Net cash from operating activities

Cash flows from investing activities

Business acquisitions, net of cash acquired
Purchase of property, plant and equipment
Proceeds from sale of equipment
Acquisition of portfolio investments
Investment income
Net cash used in investing activities

Cash flows from financing activities

Proceeds from issue of share capital
Proceeds from long-term borrowings
Payment of long-term borrowings
Net cash used in financing activities

Net increase in cash and cash equivalents

Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period
Cash Balance Control Total

Notes to the Statement of Cash Flows

###

2015

2014

Cash flows from operating activities

Profit before taxation
Adjustments for:
Depreciation
Investment income
Interest expense
Profit / (Loss) on the sale of property, plant & equipment
Working capital changes:
(Increase) / Decrease in trade and other receivables
(Increase) / (Decrease) in inventories
Increase / (Decrease) in trade payables

Cash generated from operations

4,350.00

1,230.00

450.00
(500.00)
400.00
(50.00)

260.00
(350.00)
300.00
-

(500.00)
(450.00)
(1,740.00)

(505.00)
(750.00)
200.00

1,960.00

385.00

Page 8 of 9

On
Onthis
thissheet:
sheet:

The
The cash
cash flow
flow statement
statement on
on this
this sheet
sheet is
is compiled
compiled
based
based on
on the
the direct
direct method
method and
and produced
produced
automatically
from
the
financial
information
automatically from the financial information that
that
is
is entered
entered on
on the
the Info
Info sheet.
sheet. No
No user
user input
input is
is
required
required on
on this
this sheet.
sheet.

Statement of Cash Flows

www.excel-skills.com

2015

2014

Cash flows from operating activities

Profit before taxation
Adjustments for:
Depreciation
Investment income
Interest expense
Profit / (Loss) on the sale of property, plant & equipment
Working capital changes:
(Increase) / Decrease in trade and other receivables
(Increase) / (Decrease) in inventories
Increase / (Decrease) in trade payables
Cash generated from operations
Interest paid
Income taxes paid
Dividends paid
Net cash from operating activities

4,350.00

1,230.00

450.00
(500.00)
400.00
(50.00)

260.00
(350.00)
300.00
-

(500.00)
(450.00)
(1,740.00)
1,960.00
(270.00)
(300.00)
(200.00)
1,190.00

(505.00)
(750.00)
200.00
385.00
(280.00)
(45.00)
60.00

(550.00)
(350.00)
70.00
400.00
(430.00)

(200.00)
(500.00)
350.00
(350.00)

250.00
250.00
(190.00)
310.00

200.00
(70.00)
130.00

1,070.00

(160.00)

160.00

320.00

1,230.00

160.00

On
Onthis
thissheet:
sheet:

Cash flows from investing activities

Business acquisitions, net of cash acquired
Purchase of property, plant and equipment
Proceeds from sale of equipment
Acquisition of portfolio investments
Investment income
Net cash used in investing activities

Cash flows from financing activities

Proceeds from issue of share capital
Proceeds from long-term borrowings
Payment of long-term borrowings
Net cash used in financing activities

Net increase in cash and cash equivalents

Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period
Cash Balance Control Total

###

Page 9 of 9

The
The cash
cash flow
flow statement
statement on
on this
this sheet
sheet is
is compiled
compiled
based
based on
on the
the indirect
indirect method
method and
and produced
produced
automatically
automatically from
from the
the financial
financial information
information that
that
is
is entered
entered on
on the
the Info
Info sheet.
sheet. No
No user
user input
input is
is
required
required on
on this
this sheet.
sheet.