Veritaserum Corporation

Statement of Cash Flows

For the Year Ended December 31, 2016
Indirect Method

Cash Flows from Operating Activities

Net income
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation expense 17,500
Gain on sale of land (14,000)
Loss on sale of vehicle 2,000
Increase in accounts receivable (net) (9,000)
Decrease in inventory 7,000
Increase in prepaid insurance (5,000)
Increase in accounts payable 3,500
Net Cash Provided by Operating Activities

Cash Flows from Investing Activities

Sale of land 64,000
Sale of vehicle 18,000
Purchase of machinery (30,000)
Net Cash Provided by Investing Activities

Cash Flows from Investing Activities

Payment of dividends (14,000)
Redemption of bonds (80,000)
Net Cash Used by Financing Activities
Net increase in cash
Cash balance, January 1, 2016
Cash balance, December 31, 2016
£ 125,000.00

2,000
127,000

52,000

(94,000)
85,000
37,000
122,000
 PT AKUN
STATEMENT OF CASH FLOW
For the Year Ended December, 31 2015 (in US$)
DIRECT METHOD

Cash Flow from Operating Activities

Cash receipt from Customer 629,700 from Sales amount 623,000 + th
Cash paid to supplier (341,800) from COGS amount 348,500 + 1
Cash paid for operating expense (75,300) from Other Operating Expense
Cash paid for interest expense (12,000) from interest expense
Cash paid for income tax (64,100) from income taxes
Net Cash Provided by Operating Activities 136,500

Cash Flow from Investing Activities

Cash paid for purchasing equipment (157,000) from the increase of Equipment
Cash receipt from selling investment 65,000 from the decrease of Investmen
Net Cash Used by Investing Activities (92,000)

Cash Flow from Financing Activities

Cash receipt from issuing shares 75,000 from the issuance of 5,000 ordin
Cash paid to retire bonds payable (100,000) from the payment of bonds 100
Cash paid for dividend (28,000) from the difference between Ne
Net Cash Used by Financing Activities (53,000)
Net decrease in cash (8,500)
Cash balance January, 1 2015 53,500
Cash balance December, 31 2015 45,000
from Sales amount 623,000 + the decrease of Accounts Receivable
from COGS amount 348,500 + 12,200 increase of Inventory - 18,900 increase of A/P
from Other Operating Expense
from interest expense
from income taxes

from the increase of Equipment 118,000 + 39,000 of Cash receipt from equipment sales (in order to get the real purchased amount)
from the decrease of Investment AFS 60,000 + the gain on sale 5,000

from the issuance of 5,000 ordinary shares ($ 15/share)

from the payment of bonds 100,000 in 2015
from the difference between Net Income and Retained Earnings Movement (103,400-75,400)
eal purchased amount)