The following information is based on data reported in the statement of cash flows for AB Brown, a Swedish firm. All amounts are in millions of Swedish kronor (SEK).

Prepare a statement of cash flows for AB Brown for the three years presented using the format in Exhibit 1.3.

Set cash flow from operations equal to revenues, net of expenses, from operations. The balance in cash at the beginning of 2011 was SEK30,412. AB Brown classifies changes in short-term investments as investingactivities.

Transcribed Image Text:

2013 2012 2011 Inflows of Cash Proceeds from Borrowings. Sale of Common Stock. Revenues, Net of Expenses, from Operations 19,210 SEK15,587 SEK 1,290 SEK 657 174 16,669 362 6,375 124 18,489 185 6,180 94 152 Other Financing Activities Other Investing Activities . 406 .. 663 Outflows of Cash 3,827 18,078 9,510 7,343 3,365 1,210 2,784 4,133 288 1,131 Repayment of Borrowings. . Dividends Paid.. . 1,291 8,132 . Other Investing Activities . . 573 . .