Download the annual financial reports of Woolworth Ltd, After Pay Ltd, and Santos Ltd for the years 2021, 2020 and 2019. Examine the consolidated Cash Flow Statements for each companies across three years. Answer the following questions about each of the three cash-flow statements.

For each company [except mentioned otherwise as in c), g), and l) below], across three years on the Statement of Cash Flows, discuss:

What are the major sources of cash for each firm? What are the major uses of cash for each firm?

What was the trend in cash flow from (continuing) operations for each firm?

Compare and contrast the cash flow from operations with the net profit after tax in the income statement. Explain in detail the major reasons for the difference between these two figures. (Answer this question using only the Cash flow statement for Woolworth Ltd).

Was the firm able to generate enough cash from operations to pay for all of its capital expenditures?

Did the cash flow from operations cover the dividend payment made by the firm (if any)?

If the firm has generated excess cash from operations, how did the firm invest

the excess cash? If not, what were the sources of cash the firm used to pay for the capital expenditures and/or dividends?

Did the firm use the working capital (current asset and current liability) accounts other than cash and cash equivalents as sources of cash, or uses of cash? (Answer this question using only the Cash flow statement for Woolworth Ltd).

What other major items affected cash flows for each firm?

What was the trend in capital expenditures for each firm?

What was the trend in dividends (if any) for each firm?

What was the trend in net borrowing (proceeds from borrowing fewer payments of short- and long-term debt) for each firm?

What was the trend in working capital accounts? (Answer this question using only the Cash flow statement for Woolworth Ltd).