Solved: Peugeot SA. reports t Connect x Course Home : Genesis ecure https://newc
ID: 2580672 • Letter: S
Question
Solved: Peugeot SA. reports t Connect x Course Home : Genesis ecure https://newconnect.mheducation.com/flow/connect.html at 5pts) Peugeot S.A reports the following financial information for the year ended December 31, 2014 (euros in millions). Hint: Each line item below is titled, and any necessary parentheses added, as it is reported in the statement of cash flows) 854 Cash from iesuances of shazes 3,737 Cash paid tor other financing activities e (269) (2.982) Net income (loas Depreciation and amortization Losses on disposals and ocher Set decresse in eurrent operating assets other 1,253 Cass paid for plant assecs, intangibles i other Cash pald for dividends 953 Cash from disposal of plant assets Intangibles (360) Cash and cash eqaivalents, Decesber 31, 2013 259 (4,621) 11,352 Prepare its statement of cash flows under the indirect method. (Enter your answers in millions. Amounts to be deducted should be indicated with a minus sign. Statement of Cash Flows Ondirect Method) 31, 2014 activites ustments to recocile net income to net cash provided by operuing actvtes and amortzation on dsposa's and oher 3.73 ,836 Net cash from operatieng activites Cash fows fom investing activises Cash paid for plant assets, intangbles & other Net decreaso in current operaling assets & one 3.627 Cesh fows from francng adtivities Cash paid for other fnanong activites 2.982) Not cash from feancing activbee Nat increase in Cash and cash equivaients Doc 312013 Cash and cash oquivaients, Dec 31, 2014 2.982)Explanation / Answer
1.
Peugeot S. A
Statement of cash flows for the year ended December 31,2014
Particulars Amount($) Cash flows from operating activities Net income 854 Depreciation 3737 Loss on disposal 953 Adjustments: Decrease in current assets 1253 Net cash flows from operating activities 6797 Cash flows from investing activities Disposal of plant assets 259 Purchase of plant assets (4621) Net cash flows from investing activities 2435 Cash flows from financing activities Issue of shares 269 Cash paid for financing activities (2982) Dividend paid (360) Net cash flows financing activities (638) Beginning cash balance 11352 Ending cash balance 10714.Related Questions
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