Question: Which statement is correct? 1. A company only prepares a statement of cash flows when it is a group member, regardless whether parent or subsidiary.

Which statement is correct?

1. A company only prepares a statement of cash flows when it is a group member, regardless whether parent or subsidiary.

2. Along IFRSs every company prepares a statement of cash flows.

3. Along IFRSs only listed public companies have to prepare a statement of cash flows.

4. Based on ยง 264 I HGB companies participating on the public capital market do not have to prepare a cash flow statement.

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