Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Hi, can you help me make the Indirect Cashflow statement from 1980 to 1983 for this attachment? I'm attaching the Balance Sheet and Income Statement
Hi, can you help me make the Indirect Cashflow statement from 1980 to 1983 for this attachment? I'm attaching the Balance Sheet and Income Statement file. Please help. Thank you!
The Charter Company Consolidated Statements of Earnings Years Ended December 31 (In Thousands) Revenues Equity in Net Earnings of Charter Security Life and other Affiliates Total 1979 4,296,370.00 2,357.00 4,298,727.00 Expenses: Cost of Sales and Operating Selling, General and Administrative Interest Depreciation, Depletion and Amortization Write-off of certain units at Bahamas Refinery Write-down of Tanker Total Expenses 3,624,619.00 154,608.00 44,000.00 28,851.00 3,852,078.00 Earnings before Income Taxes etc. Income Taxes Earnings from Continuing Operations Discontinued Operations, net Extraordinary Charge Earning before Cumulative Effect Cumulative Effect on Prior Years of a Change in Accounting Principle Net Earnings 446,649.00 (78,923.00) 367,726.00 (2,388.00) 365,338.00 365,338.00 e Charter Company ted Statements of Earnings rs Ended December 31 (In Thousands) 1980 4,563,011.00 661.00 4,563,672.00 1981 4,966,171.00 14,080.00 4,980,251.00 1982 4,017,161.00 43,402.00 4,060,563.00 1983 5,656,770.00 117,958.00 5,774,728.00 4,193,275.00 112,694.00 77,133.00 35,085.00 4,418,187.00 4,512,215.00 190,656.00 89,196.00 32,511.00 4,824,578.00 3,744,462.00 101,968.00 69,879.00 36,074.00 ### ### 3,952,383.00 5,364,820.00 99,987.00 80,886.00 37,939.00 49,428.00 7,772.00 5,640,832.00 145,485.00 (95,248.00) 50,237.00 50,237.00 50,237.00 155,673.00 (99,727.00) 55,946.00 (48,229.00) 7,717.00 7,717.00 108,180.00 (78,350.00) 29,830.00 5,430.00 ### 35,260.00 ### 35,260.00 133,896.00 (83,514.00) 50,382.00 (1,950.00) 48,432.00 5,463.00 53,895.00 The Charter Company Consolidated Balance Sheets December 31 (In Thousands) Assets Current Assets Cash and Cash Equivalents Receivables: Trade Accounts Other Affiliates Short-term Notes and Current Installments of Long-Term Receivables Total Receivables Less: Allowance for Doubtful Receivables Net Receivables Inventories: Petroleum Other Total Inventories Assets Held for Sale Prepaid Expenses Total Current Assets Non-Current Assets Investments: Bahamas Refinery Affiliates Charter Security Life & Other Affiliates Other Total Investments Property, plant and equipment Less: Accumulated Depreciation and Depletion Net Property, Plant and Equipment Net Assets of Discontinued Operations Intangibles from Acquisitions, Net Other Assets Total Non-Current Assets Total Assets Liabilities and Stockholder's Equity Current Liabilities: Notes Payable Current Installment of Long-Term Debt Accounts Payable Payable to Affiliates Accrued Expenses Income Taxes Total Current Liabilities Long-Term Debt Excluding Current Installments Long-Term Payable to Unconsolidated, Wholly Owned Subsidiaries Subordinated Debt, Net of Discount, Excluding Current Installments Net Liabilities of Discontinued Operations Deferred Income Taxes Deferred Credits and Others Total Non-Current Liabilities Stockholders' Equity Preferred Stock Common Stock Additional Paid-In Capital on Common Stock Retained Earnings Net Unrealized Gain on Investment Securities of Unconsolidated Subsidiaries, Net of Income Taxes Total Stockholders' Equity Total Liabilities and Stockholders' Equity The Charter Company Consolidated Balance Sheets December 31 (In Thousands) 1979 1980 1981 1982 95,632.00 94,112.00 69,283.00 59,939.00 296,344.00 41,488.00 499.00 8,745.00 347,076.00 (14,005.00) 333,071.00 322,237.00 32,142.00 16,312.00 3,133.00 373,824.00 (6,062.00) 367,762.00 343,862.00 25,967.00 11,479.00 8,815.00 390,123.00 (14,464.00) 375,659.00 262,646.00 18,736.00 30,106.00 24,744.00 336,232.00 (8,622.00) 327,610.00 319,001.00 29,179.00 348,180.00 270,094.00 25,477.00 295,571.00 16,971.00 793,854.00 16,217.00 773,662.00 111,313.00 25,374.00 136,687.00 27,316.00 608,945.00 408,635.00 55,060.00 44,342.00 508,037.00 407,402.00 83,190.00 39,990.00 530,582.00 389,060.00 76,751.00 41,160.00 506,971.00 374,913.00 125,955.00 41,515.00 542,383.00 395,188.00 (92,889.00) 302,299.00 73,023.00 51,481.00 934,840.00 468,851.00 (122,225.00) 346,626.00 ### 44,293.00 51,097.00 972,598.00 403,187.00 (124,409.00) 278,778.00 2,717.00 74,115.00 69,800.00 932,381.00 407,814.00 (140,977.00) 266,837.00 26,282.00 59,110.00 91,558.00 986,170.00 1,728,694.00 1,746,260.00 228,462.00 11,287.00 239,749.00 ### 14,578.00 641,876.00 1,541,326.00 1,628,046.00 858.00 23,363.00 374,387.00 74,499.00 28,208.00 501,315.00 76,563.00 21,402.00 348,312.00 ### 71,747.00 17,433.00 535,457.00 50,500.00 17,192.00 309,275.00 54,939.00 27,217.00 459,123.00 3,250.00 29,342.00 416,924.00 21,257.00 48,261.00 21,625.00 540,659.00 416,087.00 84,412.00 41,728.00 36,828.00 579,055.00 404,631.00 ### 81,316.00 ### 27,377.00 19,793.00 533,117.00 251,425.00 81,673.00 43,820.00 50,704.00 427,622.00 133,086.00 91,000.00 154,200.00 ### 16,068.00 52,242.00 446,596.00 125,372.00 20,166.00 57,268.00 449,629.00 117,917.00 21,592.00 67,202.00 470,476.00 117,608.00 ### 67,233.00 447,555.00 114,787.00 21,570.00 53,721.00 448,924.00 (4,111.00) 648,324.00 1,728,694.00 - 499.00 677,686.00 593.00 654,581.00 1,789.00 640,791.00 1,746,260.00 1,541,326.00 1,628,046.00 - - - 1983 64,031.00 294,715.00 22,756.00 31,030.00 2,868.00 351,369.00 (10,951.00) 340,418.00 352,162.00 17,554.00 369,716.00 15,260.00 12,302.00 801,727.00 311,151.00 261,115.00 4,237.00 576,503.00 426,415.00 (152,343.00) 274,072.00 61,877.00 99,020.00 1,011,472.00 1,813,199.00 144,000.00 28,317.00 419,967.00 39,143.00 54,579.00 14,749.00 700,755.00 111,134.00 94,000.00 189,261.00 20,554.00 32,504.00 50,864.00 498,317.00 129,312.00 16,587.00 35,635.00 429,298.00 3,295.00 614,127.00 1,813,199.00 - The Charter Company Schedules of Working Capital Provided by Oper Years Ended December 31 (In Thousands) 1979 Working Capital Provided by Operations: Earnings from Continuing Operations 367,726.00 Charges (Credits) to Earnings Affected Working Capital: Depreciation, Depletion and Amortization Gain on Exchange of Investments in St. Joe Paper Company Deferred Income Taxes and Others Equity in Net Earinings of Charter Life and Other Affiliates 28,851.00 4,843.00 (2,357.00) Equity in Net Losses of Bahamas Refinery Affiliates Included in Cost of Sales Write-Off of Certain Units in Bahamas Refinery Write-Down of Tanker 10,376.00 - Total Working Capital Provided by Operations 409,439.00 Charter Company ng Capital Provided by Operations s Ended December 31 (In Thousands) 1980 1981 1982 1983 50,237.00 55,946.00 29,830.00 35,085.00 1,928.00 (661.00) 32,511.00 ### 4,254.00 (14,080.00) 36,074.00 (7,631.00) (43,402.00) 16,775.00 - 27,548.00 ### ### 18,542.00 - 12,511.00 49,428.00 7,772.00 33,413.00 30,799.00 103,364.00 106,179.00 50,382.00 37,939.00 (17,125.00) 7,850.00 (117,958.00)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