Prepare its statement of cash flows under the indirect


1.Peugeot S. A. reports the following financial information for the year ended December 31, 2011 (euros in millions). Prepare its statement of cash flows under the indirect method.

Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .784
Depreciation and amortization . . . . . . . . . . . . . . . . . . . . . .3,037
Gains on disposals and other . . . . . . . . . . . . . . . . . . . . . . .(883)
Net decrease in working capital . . . . . . . . . . . . . . . . . . . . .(1,183)
Cash paid for dividends . . . . . . . . . . . . . . . . . . . . . . . . . . .( 290)
Cash paid for purchase of treasury stock and other . . . . .  (199)
Cash paid for other financing activities . . . . . . . . . . . . . . (2,282)
Cash from disposal of plant assets and intangibles . . . . .189
Cash paid for plant assets and intangibles . . . . . . . . . . . .(3,921)
Cash and cash equivalents, December 31, 2010 . . . . . . . 10,442

Solution Preview :

Prepared by a verified Expert
Managerial Accounting: Prepare its statement of cash flows under the indirect
Reference No:- TGS01193091

Now Priced at $12 (50% Discount)

Recommended (99%)

Rated (4.3/5)