The following consolidated cash flow statement is driving me nuts.
Operating profit before working capital changes 102,121,341
Adjustments for :
(Increase)/ Decrease in Inventories (144,135,486)
(Increase)/ Decrease in Receivables (59,034,626)
(Increase)/ Decrease in Loans and advances (65,848,164)
Increase/(Decrease) in Trade Creditors 164,134,037
Inc./ (Dec.) in Other current liabilities and provisions 127,337,146
Cash generated from/(used in) operations 124,574,248
In this case, shouldn't the eqn be
Operating profit before working capital changes
- (Increase) in Inventories (144,135,486)
- (Increase) in Receivables (59,034,626)
- (Increase) in Loans and advances (65,848,164)
+ Increase in Trade Creditors 164,134,037
+ Inc. in Other current liabilities and provisions 127,337,146
Cash generated from operations 124,574,248?
How has the operating profit of 102,121,341 changed to cash generated
of 124,574,248? Because, no matter how many times I add up the
numbers, they don't tally. :)
Thanks for any help and clarifications and sorry for the bother.
Consolidated cash flow can be seen on page 46 of the pdf
- posted 10 years ago