2. The provisions of IAS 7 on cash flow Information about the cash flows of a company is useful because they allow users assessing the ability of the enterprise to generate flows items and cash equivalents and its cash needs. IAS 7 is applicable to all companies that are required to draw a statement of cash flows, regardless of their activity. This is justified by the fact that, in essence, enterprises, regardless of the type of business or organization they need cash for the same reasons: the need to be able to exercise their activity, pay the debts and provide a return to investors. The cash flow statement allows, if it is used together with other components of the annual financial statements, the assessment of changes of the company net asset, its financial structure (including its liquidity and solvency) and its ability to change flows (size, meaning and their maturities) to adapt to new circumstances and new opportunities At the same time, users can develop models that enable them to judge and compare future cash flows of many companies. Still here it may be mentioned that the presentation of cash flow improves comparability of different businesses operating performance because it eliminates the effects of rules and accounting treatments for like transactions and events which may differ from one company to other. With the use of this situation to estimate future cash flows, it can retain and to verify the accuracy of the estimates made previously. The cash flow statement should answer to these requirements and flows that are classified according to the nature of the activities of the enterprise: cash flows from operating activities; 17 cash flows from investing activities; 18 cash flows from financing activities; 19 A. Operating activities The size of the cash flows arising from operating activities is a key indicator of the extent to which the operations of the enterprise have generated sufficient cash to repay loans to maintain the operational capability of the enterprise to pay dividends or to make new investments without recourse to external resources. In essence, operating cash flows results from the main income generating activities of the enterprise from transactions and other events that are taken into account in determining the net result, for example: cash inflows from the sale of goods and services; inflows of money from royalties, fees, commissions and other revenue; cash outflows to suppliers for goods and services; outflow of money to employees or their equivalent; cash inflows and outflows of an insurance company on assurance premiums and compensation, and other benefits related to insurance premiums; tax payments, except the part which may be associated directly to investing or financing activities; inflows and outflows of cash arising from contracts held for negotiation or trading; Particular transactions, such as the sale of an item of fixed assets, may give rise to gains or losses are taken into account in determining the net result. Flows generated by these transactions are but