The statement of cash flow for Nestle Group, a Swiss-based food conglomerate that publishes IFRS-based financial statements,
Question:
The statement of cash flow for Nestle Group, a Swiss-based food conglomerate that publishes IFRS-based financial statements, contained the following numbers (in million Swiss francs-CHF).
(a) Explain how profit could be below operating cash flow in one year and above it the next.(b) Analyze Nestlé's cash management activities in 2007 and contrast them with 2008.
Transcribed Image Text:
2007 2008 19,051 10,763 Profit 11,382 13,439 (15,753) Operating cash flow flow from investing activities Cash flow from financing activities 4,699 (16,884) 3,397
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