Required: For each financial year, answer the following questions: a. State the firms major sources and uses of cash. b. Explain why cash flow from operations is greater than net income. c. Was the firm able to generate enough cash from operations to pay for all of its capital expenditures? d. What was the trend in net income and cash flow from continuing operations? e. Based on the evidence in the statement of cash flow alone, discuss the financial strength of the business.

2017 RM (million) 2018 2019 RM (million) RM (million) (755.8) 336.8 82.8 (1247) 440.2 116.4 (641.2) 526.8 78.2 (33) (238) Operating Activities: Loss from continuing operations Depreciation Amortization of capitalized software Gain from sale of investments and other assets Restructuring and other unusual items, net Changes in other accounts affecting operations: Account receivables Inventory Other current assets 271 768.2 250.6 321.6 160.4 34.0 146.8 201.8 (2.4) (90.4) (6.0) (26.0) (182.6) 5.6 240.6 (42.6) 28.2 171.6 82.0 (21.0) 153 9.8 7.0 (59.4) 250.4 178.6 93.6 Accounts payable Other current liabilities Net cash provided by continuing operations Net cash provided by (used in) discontinued operations Net cash provided by operating activities Investing Activities: Investment in depreciable assets Proceeds from disposal of depreciable and other assets Proceeds from the sale of discontinued operations Investment in capitalized software Other Net cash provided (used in) investing activities (259.4) 314.0 (348.8) 484.0 (607.2) 188.2 50.6 814.6 (55.6) (12.0) 37.6 (86.2) (26.0) 837.6 (119.0) 28.4 (509.) (5.2) (445.2) 279.6 88.8 (253.0) 10.0 335.4 (1089.6) 17.4 610.0 (183.4) 35.0 Financing Activities: (Decrease) Increase in short-term borrowing Proceeds from long-term debt Payments of long-term debt Proceeds from sale of common stock Purchase of treasury stock Dividends paid Net cash provided by (used in) financing activities Effect of changes in foreign Exchange rates Increase (decrease) in cash Cash at beginning of year Cash at end of year (0.6) (1.2) (14.4) (1197.6) (37.6) (52.0) 651.6 (160.0) 0.2 2.2 (7.8) 128.2 338.2 466.4 (179.2) 517.4 338.2 227.8 289.6 517.4