Refer to the financial statements of the Nestl Group and related notes given in Appendix A of

Refer to the financial statements of the Nestlé Group and related notes given in Appendix A of this book.

Required:

1. Which of the two basic reporting approaches for the cash flows from operating activities did the company adopt?

The Nestlé Group 2. What amount of cash did the company pay for taxes during the current year?

3. Explain why the depreciation of property, plant, and equipment was added in the reconciliation of profit to net cash provided by operating activities.
4. What was the amount of free cash flow for the year ended December 31, 2011 ?
5. Has the company paid cash dividends during the last two years? How did you know?