Shown below are extracts from the 2014 statement of cash flows from two Australian companies, Myer Holdings Limited and Harvey Norman Holdings Limited.

1. State what you learn from the two statements.
2. Which do you find to be more informative?

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Cash flows from operating activities Receipts from customers (inclusive of goods and services tax) Payments to suppliers and employees (inclusive of goods and services tax) Other income Interest paid Tax paid Net cash inflow from operating activities 2014 52 weeks $'000 3042312 (2785 366) 256946 6356 (22 443) (49 283) 191 576 2013 52 weeks $'000 3051474 (2751713) 299761 457 (26411) (48282) 225525