Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Dear expert kindly please Analysis cash flow of current year with previous year take an eye on items of both years and verify weather cash
Dear expert kindly please Analysis cash flow of current year with previous year take an eye on items of both years and verify weather cash position of the company has improved or not and why?
STATEMENT OF CASH FLOWS FOR THE YEAR ENDED DECEMBER 31, 2020 (Rupees in 000) Note 2020 2019 36 Cash flow from operating activities Cash generated from operations Decrease in long term loans - net Increase / (decrease) in customer security deposits - interest free Defined benefits paid Workers' profit participation fund paid Income taxes paid Net cash generated from operating activities 26,001,732 58,275 29,442 (477,319) (596,268) (3,147,715) 21,868,147 13,672,288 66,518 (2,707). (485,384) (3,172,405) 10,078,310 Cash flow from investing activities Fixed capital expenditure Sale proceeds from disposal of property, plant and equipment Net cash used in investing activities 17.5 (3,156,982) 171,615 (2,985,367) (3,803,843) 215,250 (3,588,593). Cash flow from financing activities Finance cost paid Long term finances - net Lease liabilities - net Short term borrowings - net Dividend paid Net cash used in financing activities (2,946,790) 8,801,681 (271,622) (10,800,000) (7,884,667) (13,101,398) (3,016,591) (2,313,142) (439,143) 1,974,673 (7,845,479) (11,639,682) Net increase / (decrease) in cash and cash equivalents Cash and cash equivalents at beginning of the year 5,781,382 (5,822,572) (5,149,965) (672,607) Cash and cash equivalents at end of the year 37 (41,190) (5,822,572)Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started