This Excel model is for educational purposes only and should not be used for any other reason. All content is Copyright material of CFI Education Inc. All rights reserved. The contents of this publication, including but not limited to all written material, content layout, images, formulas, and code, are protected under international copyright and trademark laws. No part of this publication may be modified, manipulated, reproduced, distributed, or transmitted in any form by any means, including photocopying, recording, or other electronic or mechanical methods, without prior written permission of the publisher, except in the case of certain noncommercial uses permitted by copyright law. https://corporatefinanceinstitute.com/ Construct the Cash Flow Statement for Springbok Inc. 1. Calculate the differences on the balance sheet 2. Calculate net CAPEX using the note below the cash flow statement 3. Complete the cash flow statement 4. The boxes to complete are in gray
Income Statement Balance Sheet Cash Flow Statement
ASSETS YEAR 1 YEAR 2 YEAR 2
YEAR 1 Current Assets Operating Cash Flow Revenues 78,579 Cash 3,746 3,172 (574) Net income 2,584 Cost of Sales (48,719) Accounts Receivable 10,440 10,980 540 Depreciation 3,199 Gross Profit 29,860 Inventory 5,189 5,382 193 Unpaid Taxes (43) Total Current Assets 19,375 19,534 Change in Accounts Receivable (540) Other Operating Expenses (21,632) Change in Inventory (193) EBITDA 8,228 Non-Current Assets Change in Accounts Payable 387 Property, Plant & Equipment 25,972 26,193 221 Cash From Operations 5,394 Depreciation (3,199) Total Non-Current Assets 25,972 26,193 Operating Profit (EBIT) 5,029 Investing Cash Flow Total Assets 45,347 45,727 Property, Plant & Equipment (3,420) Interest Expenses (Finance Cost) (1,278) Cash From Investing (3,420) Profit Before Tax (EBT) 3,751 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY Financing Cash Flow Tax Expense (1,167) Issuance (Repayment) of Short Term Debt (339) Net Income (EAT) 2,584 Current Liabilities Issuance (Repayment) of Long Term Debt (812) Accounts Payable 9,086 9,473 387 Issuance (Repayment) of Equity – Dividends (1,397) Loans 3,124 2,785 (339) Payment of Dividends (1,397) Retained Earnings 1,187 Unpaid Taxes 1,210 1,167 (43) Cash From Financing (2,548) Total Current Liabilties 13,420 13,425 Net Increase (Decrease) in Cash (574) Non-Current Liabilities Opening Cash Balance 3,746 Long-Term Debt 10,836 10,024 (812) Closing Cash Balance 3,172 Total Non-Current Liabilities 10,836 10,024 Matches balance sheet ok Shareholders' Equity Common Shares 9,202 9,202 – PPE Start of Year 25,972 Retained Earnings 11,889 13,076 1,187 Capex 3,420 Total Shareholders' Equity 21,091 22,278 Depreciation (3,199) PPE End of Year 26,193 Total Liabilities & Equity 45,347 45,727
Total Assets 45,347 45,727
Total Liabilities & Equity 45,347 45,727 Difference – –
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