1) Were there significant changes in the companys operating cash flows? What were the reasons for these changes?

2) Were there significant changes in the companys investing cash flows? What were the reasons for these changes?

WORKSHEET 3 STATEMENT OF CASH FLOW ANALYSIS HERSHEY COMPANY CONDENSED STATEMENT OF CASH FLOWS 12/31/18 Most recent year (S in millions) End 2018 2017 2016 1,600.0 1,013.40 -595.50 464.40 -3.1 -49.60 346.50 297.00 Net Cash rom operating activities Net Cash rom investing activities Net Cash from financing activities Effect of etchange rate on cash Net Cash, beghning Cash, ending 1,249.50 1,502.90 116.10 -5.40 207.80 380.20 588.00 -843.70 6.10 83.20 297.00 ange in cash HERSHEY COMPANY ONDENSED TREND ANALYSIS STATEMENT OF CASH FLOW 12/31/18 Most recent year Year Year ($ in millions) 2017 2016 2018 157.88 252.38% -25.00% 174.19% -418.95% Net Cash om operating activities Net Cash fom investing activities Net Cash from financi 23.30 55.20% 181.68% 196 77% 100 0096 100 00% 100 00% 100.00% hg activitie rate on cash Net in cash HERSHEY COMPANY N SIZE STATEMENT OF CASH FLOWS 12/31/18 Most recent year Year Year S in milliens) 2016 2018 2017 operating activitie Net Net Cash rom inves Net Cash from financibg activitie Effect of e Net change in cash 769 97% 723 24% 55 87% -2 60% 100.00% 1501.80% 395.07% 1014.06% 733% 2043.15 1200 60% 936. 29% 6 25% ange rate on cash