Air France–KLM (AF), a Franco-Dutch company, prepares its financial statements according to International Financial Reporting Standards. AF’s financial statements and disclosure notes for the year ended December 31, 2017, are provided in Connect. This material is also available under the Finance link at the company’s website (www.airfranceklm-finance.com).

Required: 

1. What are the three primary classifications into which AF’s cash inflows and cash outflows are separated? 

2. Is this classification different than cash flow statements prepared in accordance with U.S. GAAP? 

3. In which classification are cash inflows from dividends included in AF’s cash flow statements? 

4. Is this classification different than cash flow statements prepared in accordance with U.S. GAAP?