SINJH SA's operating activities provided €184,350 in cash as net income of €172,900 was adjusted for non-cash expenses like depreciation of €45,000 and changes in working capital. Investing activities used €93,500 due to purchases of long-term investments and equipment. Financing activities used €38,900 as cash dividends exceeded new share sales and bond redemptions, resulting in a net increase in cash of €51,950 for the year.
SINJH SA's operating activities provided €184,350 in cash as net income of €172,900 was adjusted for non-cash expenses like depreciation of €45,000 and changes in working capital. Investing activities used €93,500 due to purchases of long-term investments and equipment. Financing activities used €38,900 as cash dividends exceeded new share sales and bond redemptions, resulting in a net increase in cash of €51,950 for the year.
SINJH SA's operating activities provided €184,350 in cash as net income of €172,900 was adjusted for non-cash expenses like depreciation of €45,000 and changes in working capital. Investing activities used €93,500 due to purchases of long-term investments and equipment. Financing activities used €38,900 as cash dividends exceeded new share sales and bond redemptions, resulting in a net increase in cash of €51,950 for the year.
SINJH SA's operating activities provided €184,350 in cash as net income of €172,900 was adjusted for non-cash expenses like depreciation of €45,000 and changes in working capital. Investing activities used €93,500 due to purchases of long-term investments and equipment. Financing activities used €38,900 as cash dividends exceeded new share sales and bond redemptions, resulting in a net increase in cash of €51,950 for the year.
SINJH SA Statement of Cash Flows For the Year Ended December 31, 2017
Cash flows from operating activities
Net income ........................................................................................... €172,900 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation expense ................................................................ €45,000 Gain on disposal of plant assets ................................................. (5,000) Increase in accounts receivable ................................................. (59,800 ) Increase in inventory ................................................................. (9,650) Increase in prepaid expenses ..................................................... (3,300) Increase in accounts payable ..................................................... 44,700 Decrease in accrued expenses payable ......................................... (500) 11,450 Net cash provided by operating activities .................................... 184,350
Cash flows from investing activities
Sale of equipment................................................................................. 12,500 Purchase of long-term investments ...................................................... (26,000) Purchase of equipment ......................................................................... (80,000) Net cash used by investing activities .................................................... (93,500)
Cash flows from financing activities
Sale of ordinary shares ........................................................................ 45,000 Redemption of bonds .......................................................................... (40,000) Payment of cash dividends .................................................................. (43,900) Net cash used by financing activities ........................................... (38,900)
Net increase in cash ....................................................................................... 51,950
Cash at beginning of period ........................................................................... 48,400 Cash at end of period ..................................................................................... €100,350