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Presented in alphabetical order below are the line items including the subtotals and totals (with some simpifications) from Pool Corporations recent statement of cash flows
Presented in alphabetical order below are the line items including the subtotals and totals (with some simpifications) from Pool Corporations recent statement of cash flows prepared using the indirect method. (All dollar amounts in thousands).
Accounts payable | $ 7,110 |
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Accrued expenses and other current liabilities | 22,140 |
Acquisition of businesses | (7,680) |
Amortization | 1,560 |
Cash and cash equivalents at beginning of year | 9,965 |
Cash and cash equivalents at end of year | 15,930 |
Change in cash and cash equivalents | 5,965 |
Depreciation | 9,790 |
Loss on sale of property and equipment | 590 |
Net cash provided by operating activities | 76,615 |
Net cash used in financing activities | (41,705) |
Net cash used in investing activities | (28,945) |
Net income | 74,070 |
Other financing activities | 1,440 |
Other operating assets | 8,485 |
Payments of cash dividends | (27,450) |
Payments on long-term debt and other long-term liabilities | (570) |
Payments on revolving line of bank credit | (700,600) |
Prepaid expenses | (3,000) |
Proceeds from revolving line of bank credit | 750,500 |
Proceeds from stock issued under share-based compensation plans | 13,455 |
Product inventories | (36,840) |
Purchases of property and equipment | (21,870) |
Purchases of treasury stock | (78,480) |
Receivables | (7,290) |
Sale of property and equipment | 605 |
Source: Pool Corporation
Prepare Pool Corporations statement of cash flows in good form for the year ended December 31.
Note: List cash outflows as negative amounts. Enter your answers in thousands.
Operating Activities: | ||
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Adjustments to reconcile net income to net cash provided by operating activities: | ||
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Changes in operating assets and liabilities: | ||
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Investing Activities: | ||
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Financing Activites: | ||
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