Based on the cash flow statement below, how does the financial performance of the company change over
Question:
Based on the cash flow statement below, how does the financial performance of the company change over a span of two years? What insights can you provide?
Furthermore, what do the three specific long-term liability items that are listed in the financial statement express?
The explanation should be detailed.
Cash flow statement for the years 2021 and 2022:
Cash generated by operating activities increased from104,038 to122,151.
Cash used for investing activities has also increased from(14,545) to(22,354).
Cash used for financing activities has increased from(93,353) to(110,749).
Long-term liabilities:
Long-term debt: as of 2022, the long-term debt lies at98,959 billion.
Deferred revenue lies at7,912 billion in 2022.
Non-current liabilities are, as of 2022, at148,101.
Financial Accounting and Reporting a Global Perspective
ISBN: 978-1408076866
4th edition
Authors: Michel Lebas, Herve Stolowy, Yuan Ding