Nabors, Inc. 2009 Statement of comprehensive income (S in millions) Net sales Less: Cost of goods sold Less: Depreciation Earnings before interest and taxes Less: Interest paid Taxable Income Less: Taxes Net income Cash Accounts rec. Inventory Total Net fixed assets Total assets Nabors, Inc. 2008 and 2009 Statement of financial positions (S in millions) 2008 $310 2,640 3.275 $ 6,225 10,960 2009 $405 3,055 3.850 $ 7.310 10,670 $9.610 6,310 1.370 1,930 630 $1.300 455 $ 845 $17.185 $17,980 Accounts payable Notes payable Total Long-term debt Common stock Retained earnings Total liab.& equity Calculate the cashflow from assets (CFFA) under both methods. 2008 $ 2,720 100 $ 2,820 7,875 5.000 1,490 $17,185 2009 $ 2,570 0 $ 2,570 8,100 5,250 2,060 $17.980