Questions on Cash Flow Volume 2 FRA Page 314

CFA Level II FRA
#1

I don’t know how this cash flow statement was made. I can only find one of the item “Depreciation…” in Balance Sheet. For each and every other items that make up the CFO, CFI and CFF I can’t find or calculate it from Balance Sheet and Income Statement. Help. Thank you very much.

Panel C: Statement of Cash Flows 2006

Income before extraordinary items

  • Depreciation and amortization expense

  • Deferred taxes

  • Equity in net loss (earnings)

  • (–) Loss (gain) on sale of noncurrent assets

  • Other funds from operations

  • (–) Decrease (increase) in net working capital

Operating cash flows

– Increase in investments

  • Sale of investments

– Capital expenditures

  • Sale of property, plant, and equipment

– Acquisitions

Investing cash flows

  • Sale of common stock

– Stock repurchases and dividends

  • Issuance of debt

– Reduction of debt

Financing cash flows

Less: Exchange rate effects

Change in cash and cash equivalents

#2

The page 314 is on the CFAI eBooks. I am not sure which page is on printed books. It’s Reading 23 Evaluating Financial Reporting Quality Sample 1.

#3

Depreciation expense of 938 is on the Income Statement. Is that what you’re looking for?

#4

My mistake. It’s from Income Statement. That’s the only component that I can find for Statement of Cash Flow. My accounting sucks. I am not sure if any more items in Cash Flow could be extracted from Balance Sheet and Income Statement. If not, where did they come from?