Calculate operating working capital for both years.

Decide whether the change in OWC between the two years represents a cash in or out flow to the company.

	Year 1	Year 2
Cash and equivalents	1,965.0	1,987.2
Accounts receivable	4,990.7	4,537.0
Prepaid expenses	425.7	387.0
Current deferred tax asset	380.6	346.4
Deposits to suppliers	257.4	234.0
Other current assets	101.2	92.1
Accounts payable	3,768.6	3,426.0
Deferred revenue	1,051.6	1,002.7
Current deferred tax liability	322.3	293.0

Select one:

138.3 cash in flow

116.1 cash out

138.3 cash out flow

116.1 cash in