Nestl Group is one of the worlds largest food and beverage companies, selling 10,000 different products ranging

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Nestlé Group is one of the world’s largest food and beverage companies, selling 10,000 different products ranging from milk and diary, to chocolate and pet food. Access a copy of the company’s comparative financial statements for the year ended December 31, 2009, from the company’s website (www.nestle.com).
Instructions
(a) Prepare a summary report of Nestlé’s cash activities during its year ended December 31, 2009, and 2008, at the subtotal level of operating, investing, and financing activities, and a comparative report for the preceding fiscal year. Are there major differences at this level between the two periods? Explain. How is the company using any excess operating cash flows after investing activities?
(b) Identify what major differences there are between the company’s accrual-based income and its cash flow from operating activities over the past two years.
(c) Prepare a short report summarizing Nestlé’s investing cash transactions and its financing cash transactions for 2009.
(d) How has the company classified interest paid, interest received, income taxes paid, dividends received, and dividends paid? What were the amounts for these items during 2009?
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Intermediate Accounting

ISBN: 978-0470161012

9th Canadian Edition, Volume 2

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.

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