加拿大cash flow analysis report格式范文

导读本文是一篇cash flow的分析， 从operational activities, net cash reinvestments, net benefit, Financial budget,这4个方面分析。

 

1. Operational activities业务活动

从公司现金流量表可以看出，公司的经营活动折旧和摊销占所有现金流入项目的一半以上，其中公司2013年的经营活动占到一半以上，折旧和摊销占到现金流入的54%，2012年公司的折旧和摊销占到现金流入的54%。N和摊销增加了2%的项目。在财务费用、准备金的确认和转回、净额、所得税费用等方面，2013年现金流入较2012年有所下降；在财产和设备减值、股份支付交易、其他长期负债、出售或处置财产和设备的净收益等方面，2012年将同比增加，我们可以n看到公司的现金余额增加了，减少了对其固有财产和设备的出售或处置，从而改善了本项目设备减值的财产和现金流入，这是在股票交易中，通过出售公司股票流入的，公司2013年收到的现金比2012年。就经营活动现金流出而言，公司非现金营运资本余额的净变动远远超过2012年的价值。营运资本可以用来衡量公司或企业的短期偿债能力，代表公司或企业的数额越大，就越有准备支付足够的债务，短期偿债能力越好。对于流动资金为负的企业，流动资产转为流动负债的企业低于因现金流量问题导致企业经营中断的企业。

As can be seen from the company's cash flow statement, the company's operating activities Depreciation and amortization accounted for all cash inflows projects accounted for more than half of which the company from operating activities in 2013, 54% of the cash inflows from depreciation and amortization, up in 2012 between the company's depreciation and amortization increased by 2% project. In Finance expenses, Recognition and reversal of provisions, net, Income tax expense, etc., in 2013 cash inflows have declined compared to 2012; in Impairment of property and equipment, Share-based payment transactions, Other long-term liabilities, Net gain on sale or disposal of property and equipment will be increased year on year in 2012, we can see that the company's cash balance has increased, and reduces the sale or disposal of its inherent property and equipment, thereby improving the property and cash inflows for impairment of equipment of this project, this one in share transactions, inflows through the sale of shares of the company, the company received more cash in 2013 than in 2012.In terms of cash outflow from operating activities, the company's Net change in non-cash working capital balances far beyond the 2012 value. The working capital can be used to measure short-term solvency of a company or business, the greater the amount on behalf of the company or companies are more prepared to pay for adequate obligations, short-term solvency, the better. As for negative working capital, which is an enterprise of current assets to current liabilities is less than when the operation of this enterprise is subject to interruption due to cash flow problems.

2. Net cash reinvestments净现金再投资

从企业投资活动产生的现金流量中可以看出，2012年企业投资活动在现金流量表中的相对比例，2013年企业投资活动产生的资产和设备处置收益、企业收购、存款、收购和开发等多项指标，以及d设备购置和开发无形资产、其他资产有所下降，表明2012年公司可以直接以现金方式进行投资，比以往更加谨慎和保守，但整体现金再投资率上升了0.5%，现金再投资率是指单位公交车上留存的现金流比率。业务和再投资资产。比率越高，说明企业可用于再投资的现金越多，企业的再投资能力就越强；反之，则意味着企业再投资能力差，企业现金再投资能力有所提高进一步提高资本效率，加快营运资金。

You can see in the cash flow from investing activities of the enterprise, the relative ratio of corporate investment activities in 2012 cash flow statement, in 2013 many indicators such as corporate investment activities Proceeds from disposition of property and equipment, Business acquisitions, Deposits, Acquisition and development of property and equipment, Acquisition and development of intangible assets, Other assets have declined, indicating that companies can directly invest in cash terms than the more cautious and conservative in 2012, however, the overall cash reinvestment rate rose 0.5 percent, the cash reinvestment ratio refers to the ratio of cash flow retained in the unit's business activities and Reinvestment assets. The higher the ratio, indicating that the enterprise can be used to reinvest in more cash for the assets, companies reinvest capacity; on the contrary, it means that companies reinvest weak summary, corporate cash to reinvest ability has improved. , to further improve capital efficiency, accelerate operating capital.

Let's calculate the NPV of the enterprise

NPV = Σ (CI-CO) (1 + i)（-t）

Where: CI-- cash inflows, CO-- cash outflows, (CI-CO) - Net cash flow in year t, i-- benchmark discount rate. When the first phase of computing t = 0, the first year of operation after the cash flow, t = 1,supposei = 10%,

2012 NPV(10%, 118566, -14037)=95026

2013NPV（10%, 104529,-38239)=149811，

NPV>0, represents the implementation of the project, in addition to ensure a predetermined rate of return can be achieved, but can still get higher returns.From 2012 and 2013 data, this year's NPV is greater than zero, and there is no small gain. Description discounted present value of the expected earnings Shoppers company after more than the cost of the initial investment, it shows that you can profit the business is worth the investment.

3. Net benefit

Net benefitis the realization of a certain period, to a full accrual basis staging confirmed, according to the cost to income ratio and the causal relationship with the final financial results of monetary measures, which indicate that the performance of the production and operation and profitability. Advanced flow response is the actual cash out of business. The difference is not only reflected in the number of financial position at the time of the evaluation has not the same role. Net income and cash flow in the amount of the difference and the reason is that: During the entire existence of the enterprise, its net income and cash flow is equal to net income and cash flow from the existing differences, there are also closely linked.

The difference between cash flow and net income may reveal net of bad quality. In general, the correlation between net income and cash flows, the stronger, better-quality companies showed gains, namely the difference between net income and cash flow is smaller, the ability to receive cash proceeds of the stronger.From page 7, we can see, Shoppers in net income for 2012 of 4,515,681, cash flow 104 529, a difference of 4,411,152. In 2013 the net income of 3,113,386, cash flow is 66,290, a difference of 3,047,096. We can find in 2013 compared with 2012 net income and compare the difference between the cash flow is significantly reduced, indicating that the ability to net income shoppers are now getting stronger, earnings quality has been improved, enterprise mobility and Finance adaptability has become stronger.

4. Financial budget

Financialbudget is operating activities, investing activities, cash inflows and outflows from financing activities reflects the direction, size and structure of cash flows during the enterprise budget. The company's cash balance by the end of 2012 was 104,529, the net cash flow in 2013 was reduced to 66,290, during the company by reducing the sale of fixed assets or equipment to improve the variability of net non-cash working capital to achieve the purpose of reducing the net cash flow, reduce capital management cost, lean enterprise to survive and improve their health index.Cash itself profitability is low, can only produce a small amount of interest income, on the contrary because of the high stock of cash will result in loss of business opportunity costs may, therefore reasonable cash flow is not only to meet the demand, without too much plot to hoard money, which requires financial officer between liquidity and profitability tradeoff, to find the best balance of funds in different periods, cash flow and velocity effective organization to meet capital needs and ability incidental investment opportunities.