+

Appendix IV. Model cash flow statements for the year ended ___ 200x

Appendix IV

MODEL CASH FLOW STATEMENTS FOR THE YEAR ENDED ___ 200X

A. CASH FLOWS FROM OPERATING ACTIVITIES
1. Profit (LOSS) for the year before taxes
2. Adjustments to profit or loss

a. Deprecitation and amortization of fxed assets (+)

b. Valuation allowances for impairment (+/-)

c.  Valuation of provisions (+/-)

d. Government and other grants (-)

e. Cash flows from retirements and disposals of xed assets (+/-)

f.  Cash flows from retirements and disposals of nancial instruments (+/-)

g. Financial income (-)

h. Financial expenses (+)

i. Exchange diferences (+/-)

j. Change in fair value of financial instruments (+/-)

k. Other income and expenses (+/-)

3. Changes in working capital

a. Inventories (+/-)

b. Trade and other receivables (+/-)

c. Other current assets (+/-)
(+/-)

d. Trade and other payables (+/-)

e. Other current liabilities (+/-)

f. Other non-current assets and liabilities (+/-)

4. Other cash ows from operating activities

a. Interest paid (-)

b. Dividends received (+)

c.  Interest received (+)

d. Corporate income tax received (paid) (+/-)

e. Other amounts received (paid) (+/-)

5. Cash ows from operating activities (1+2+3+4)
B. CASH FLOWS FROM INVESTING ACTIVITIES
7. Payments for investments (-) (+)

a. Group companies and associates

b. Intangible fixed assets

c. Property, plant and equipment

d. Investment property

e. Other nancial assets

f. Non-current assets held for sale

g. Business unit

h. Other assets

8. Other cash ows from investing activities (7+6)
C. CASH FLOWS FROM FINANCING ACTIVITIES
9. Receipts and payments for equity instruments

a. Issuance of equity instruments (+)

b. Amortization of equity instruments (-)

c. Purchase of own equity instruments (-)

d. Disposal of own equity instruments (+)

e. Subsidies, donations and legacies received (+)

10. Receipts and payments for nancial liabilities

a. Issuance

1.  Debt securities and other marketable securities (+)

2. Debts to credit institutions (+)

3. Debts to group companies and associates (+)

4. Debts with special characteristics (+)

5. Other debts (+)

b. Repayment and amortization of

1.  Debt securities and other marketable securities (-)

2. Debts to credit institutions (-)

3. Debts to group companies and associates (-)

4. Debts with special characteristics (+)

5. Other debts (-)

11. Payments for dividends and remuneration of other equity instruments

a. Dividends (-)

b. Remuneration of other equity instruments (-)

12. Cash ows from financing activities (9+10+11)
D. EFFECT OF CHANGES IN EXCHANGE RATES
E. NET INCREASE/DECREASE IN CASH OR CASH EQUIVALENTS (5+8+12+D)
Cash or cash equivalents at beginning of year
Cash and cash equivalents at end of year