On 31 December 2020, IAG presents the following information related to its Cash Flow (mill. Euros): Operating

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On 31 December 2020, IAG presents the following information related to its Cash Flow (mill. Euros):

Operating profit: 3,250.

Depreciation: 1,250.

Movement in working capital: -790.

Interest paid: -110.

Tax paid: -340.

CF from operating activities: 3,260.

CF from investing activities: -2,485.

CF from financing activities: -25.

At December 31, 2020, the Free Cash Flow to the Firm is ?

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Financial Reporting and Analysis

ISBN: 978-1259722653

7th edition

Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer

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Posted Date: Mar 18, 2023 02:56 AM

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On 31 December 2020, IAG presents the following information related to its Cash Flow (mill. Euros): Operating

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To calculate the Free Cash Flow to the Firm FCFF we need to use the following formula FCFF Cash flow ... View the full answer

Financial Reporting and Analysis

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