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A utility company has generated in 2021 revenues of EUR 15,950,000, with EUR 1,500,000 fixed costs and EUR 3,000,000 variables costs. Automated equipment was bought
A utility company has generated in 2021 revenues of EUR 15,950,000, with EUR 1,500,000 fixed costs and EUR 3,000,000 variables costs. |
Automated equipment was bought for EUR 3,700,000 and is depreciated every year by EUR 65,000. The plant maintenance costs EUR 110,000 per year as CAPEX (capital expenditure), and the change in capital was EUR 95,000 in 2020. |
The corporate tax rate is of 25%. What is the company operating cash flow and free cash flow? |
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