An extract from a statement of cash flows prepared by a trainee accountant is shown below.
| $ | |
| Net profit before taxation | 55 |
| Adjustment for depreciation | (18) |
| Operating profit before working capital changes | 37 |
| Decrease in inventories | 91 |
| Increase in receivables | (33) |
| Increase in payables | (66) |
| Cash generated from operations | 29 |
What is the figure in the statement of cash flow in respect of net cash flow from operating activities?
Suggested solutions:
| $ | |
| Net profit before taxation | 55 |
| Adjustment for depreciation | 18 |
| Operating profit before working capital changes | 73 |
| Decrease in inventories | 91 |
| Increase in receivables | (33) |
| Increase in payables | 66 |
| Cash generated from operations | 197 |