Assignment - 3

Question 12-9A, Cash Flow Statement- Indirect Method

Note:- Interest expense has been treated as part of financing activities
Cash Flow Statement of Odgern Inc.
for the period of 1st Jan 2014 to 31st Dec 2014
Particulars
A) Cash Flow from Operating Activities
Net Profit Before Tax as per Income Statement
Adjusted for:Depreciation Exp
Interest Exp
Income Tax Expense
Loss on Disposal of Plant Assets
Operating Profit before Working Capital Changes
Less:- Increase in Current Assets/Decrease in Current Liabilities
Increase in Accounts Receivable
Increase in Inventory
Increase in Prepaid Expenses
Decrease in Accrued Expenses Payable
Add:- Decrease in Current Assets/Increase in Current Liabilities
Increase in Accounts Payable
Cash generated from Operations
Less:- Taxes Paid
Net Cash flow from operating activities
B) Cash Flow from Investing Activities
Add:- Sale Proceeds from Sale of Plant
Less:- Purchase of New Plant
Less:- Purchase of Long Term Investments
Net Cash Used in Investing Activities
C) Cash Flow from Financing Activities
Less:- Repayment of Bonds
Less:- Interest Expense
Less:- Dividend Expense
Add:- Proceeds from Issue of Common Stock
Net Cash Generated from Financing Activities
Net Increase/(Decrease) in Cash & Cash Equivalents
Opening Balance of Cash & Cash Equivalents
Closing Balance of Cash & cash Equivalents

hod

Amount

46,500
4,730
27,280
7,500

(49,800)
(9,650)
(2,400)
(4,500)
34,700

Amount
154,580

86,010
240,590

(66,350)
34,700
208,940
(27,280)
181,660

1,500
(100,000)
(29,000)
(127,500)

(36,000)
(4,730)
(26,030)
45,000
(21,760)
32,400
48,400
80,800

Question 12-9A, Cash Flow Statement- Direct Method

Note:- Interest expense has been treated as part of financing activities
Cash Flow Statement of Odgern Inc.
for the period of 1st Jan 2014 to 31st Dec 2014
Particulars
A) Cash Flow from Operating Activities
Cash Proceeds From Sale of Goods
Cash Paid to Suppliers
Cash Paid for Operating Expenses
Taxes Paid
Net Cash flow from operating activities
B) Cash Flow from Investing Activities
Add:- Sale Proceeds from Sale of Plant
Less:- Purchase of New Plant
Less:- Purchase of Long Term Investments
Net Cash Used in Investing Activities
C) Cash Flow from Financing Activities
Less:- Repayment of Bonds
Less:- Interest Expense
Less:- Dividend Expense
Add:- Proceeds from Issue of Common Stock
Net Cash Generated from Financing Activities
Net Increase/(Decrease) in Cash & Cash Equivalents
Opening Balance of Cash & Cash Equivalents
Closing Balance of Cash & cash Equivalents

Direct Method
Inc.
Dec 2014
Amount

Amount
338,660
(110,410)
(19,310)
(27,280)
181,660

1,500
(100,000)
(29,000)
(127,500)

(36,000)
(4,730)
(26,030)
45,000
(21,760)
32,400
48,400
80,800

Assignment - 3
Question 12-9A, Cash Flow Statement- Indirect Method
Note:- Interest expense has been treated as part of operating activities
Cash Flow Statement of Odgern Inc.
for the period of 1st Jan 2014 to 31st Dec 2014
Particulars
A) Cash Flow from Operating Activities
Net Profit Before Tax as per Income Statement
Adjusted for:Depreciation Exp
Income Tax Expense
Loss on Disposal of Plant Assets
Operating Profit before Working Capital Changes
Less:- Increase in Current Assets/Decrease in Current Liabilities
Increase in Accounts Receivable
Increase in Inventory
Increase in Prepaid Expenses
Decrease in Accrued Expenses Payable
Add:- Decrease in Current Assets/Increase in Current Liabilities
Increase in Accounts Payable
Cash generated from Operations
Less:- Taxes Paid
Net Cash flow from operating activities
B) Cash Flow from Investing Activities
Add:- Sale Proceeds from Sale of Plant
Less:- Purchase of New Plant
Less:- Purchase of Long Term Investments
Net Cash Used in Investing Activities
C) Cash Flow from Financing Activities
Less:- Repayment of Bonds
Less:- Dividend Expense
Add:- Proceeds from Issue of Common Stock
Net Cash Generated from Financing Activities
Net Increase/(Decrease) in Cash & Cash Equivalents
Opening Balance of Cash & Cash Equivalents
Closing Balance of Cash & cash Equivalents

hod

Amount

46,500
27,280
7,500

(49,800)
(9,650)
(2,400)
(4,500)
34,700

Amount
154,580

81,280
235,860

(66,350)
34,700
204,210
(27,280)
176,930

1,500
(100,000)
(29,000)
(127,500)

(36,000)
(26,030)
45,000
(17,030)
32,400
48,400
80,800

Question 12-9A, Cash Flow Statement- Direct Method

Note:- Interest expense has been treated as part of operating activities
Cash Flow Statement of Odgern Inc.
for the period of 1st Jan 2014 to 31st Dec 2014
Particulars
A) Cash Flow from Operating Activities
Cash Proceeds From Sale of Goods
Cash Paid to Suppliers
Cash Paid for Operating Expenses
Taxes Paid
Interest Paid
Net Cash flow from operating activities
B) Cash Flow from Investing Activities
Add:- Sale Proceeds from Sale of Plant
Less:- Purchase of New Plant
Less:- Purchase of Long Term Investments
Net Cash Used in Investing Activities
C) Cash Flow from Financing Activities
Less:- Repayment of Bonds
Less:- Dividend Expense
Add:- Proceeds from Issue of Common Stock
Net Cash Generated from Financing Activities
Net Increase/(Decrease) in Cash & Cash Equivalents
Opening Balance of Cash & Cash Equivalents
Closing Balance of Cash & cash Equivalents

Direct Method
Inc.
Dec 2014
Amount

Amount
338,660
(110,410)
(19,310)
(27,280)
(4,730)
176,930

1,500
(100,000)
(29,000)
(127,500)

(36,000)
(26,030)
45,000
(17,030)
32,400
48,400
80,800