foreign denominated assets in the statement of cash flows

Hi all,

My issue is this:

I am doing a standard statement of cash flows and I'm looking specifically at my investing activity. I've got a US denominated asset (I'm reporting in CAD) with an opening balance in USD translated at my opening FX rate. Through the period I have sold some of it (being a source of cash) and bought some more (being a use of cash). Now, if I'm doing my SCF in USD it's no big deal, but if I'm doing my SCF in CAD, how do I show that part of the change in balance in CAD which relates to my FX adjustment (I have reflected the FX adjust as P&L item)?

Hope I've made my query clear! Any help would be appreciated! Thanks in advance!

Reply to
Geoff
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Been a while since I did cash flows with foreign currency.

I do beleive that you show the investing activity converted to CAD at the time of activity and then show gain/loss on investment value due to FX rates just as you would unrealized gain/loss in mark to market presentation (cash flows fromoperating activities).

Reply to
brecker

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