Go online and select an interesting public company that is listed on the ASX e.g. a bank, miner, insurer or infrastructure developer.

(e.g. Commonwealth bank of Australia) Then investigate its statement of cash flows in its latest annual report - beginning with the Executive Summary, then the relevant section in the Table of Contents.

a). Identify the key statements that it makes about its cash flows.

b). On the basis of its cash flows, would you recommend buying shares in this company? Explain why / why not.