Exhibit 3.23 Sunbeam Corporation Statement of Cash Flows (amounts in millions) (Problem 3.20) Year 7 Year 6 Year 5 OPERATIONS Net income (loss) $109.4 $(228.3) $ 50.5 Depreciation and amortization 38.6 47A 44.2 Restructuring and asset impairment charges - 283.7 - Deferred income taxes 57.8 (77.8) 25.1 Other additions 13.7 46.2 10.8 Other subtractions (84.6) (27.1) (21.7) (Increase) Decrease in accounts receivable (84.6) (13.8) (4.5) (Increase) Decrease in inventories (100.8) (11.6) (4.9) (Increase) Decrease in prepayments (9.0) 2.7 (8.8) Increase (Decrease) in accounts payable (1.6) 14.7 9.2 Increase (Decrease) in other current liabilities 52.8 (21.9) (18.4) Cash Flow from Operations $ (8.3) $ 14.2 $ 81.5 INVESTING Fixed assets acquired $ (58.3) $ (75.3) $(140.1) Sale of businesses 91.0 65.3 Acquisitions of businesses - (.9) Cash Flow from Investing $ 32.7 FINANCING Increase (Decrease) in short-term borrowing $ 5.0 $ 30.0 $ (76.2) $ 40.0 (33.0) $(1074) Increase in long-term debt Issue of common stock Decrease in long-term debt Acquisition of common stock Dividends Other financing transactions Cash Flow from Financing 11.5 - 26.6 9.2 9.8 (12.2) (1.8) (5.4) (13.0) (3.4) (3.3) (3.3) 5 (4) (.2) $ 16.5 $ 45.2 $ 27.9 Change in Cash $ 40.9 Cash-Beginning of year 11.5 $ (16.8) 28.3 $ 2.0 26.3 Cash-End of Year $ 524 $ 11.5 $ 28.3 Source: Sunbeam Corporation, Form 10-K for the Fiscal Year Ended 1997.