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Example 3 2012-01-01 2012-12-31 Example 3 2012-12-31 Example 3 2011-12-31 Example 3 2012-01-01 2012-12-31 example3:SegmentAMember Example 3 2012-01-01 2012-12-31 example3:SegmentBMember iso4217:EUR

IFRS Taxonomy 2013 – Illustrative examples

Statement of cash flows

Examples from IAS 7 representing ways in which the requirements of IAS 7 for the presentation of the statements of cash flows and segment information for cash flows might be met using detailed XBRL tagging.

Consolidated statement of comprehensive income for the period ended 20X2

Sales

30,650

Cost of sales

( 26,000)

Gross profit

4,650

Depreciation

( 450)

Administrative and selling expenses

( 910)

Interest expense

( 400)

Investment income

500

Foreign exchange loss

( 40)

Profit before taxation

3,350

Taxes on income

( 300)

Profit

3,050 (a)

(a)   The entity did not recognise any components of other comprehensive income in the period ended 20X2

Consolidated statement of financial position as at end of 20X2

20X2

20X1

Assets

Cash and cash equivalents

230

160

Accounts receivable

1,900

1,200

Inventory

1,000

1,950

Portfolio investments

2,500

2,500

Property, plant and equipment net

2,280

850

Total assets

7,910

6,660

Liabilities

Trade payables

250

1,890

Interest payable

230

100

Income taxes payable

400

1,000

Long-term debt

2,300

1,040

Total liabilities

3,180

4,030

Shareholders’ equity

Share capital

1,500

1,250

Retained earnings

3,230

1,380

Total shareholders’ equity

4,730

2,630

Total liabilities and shareholders’ equity

7,910

6,660

 Direct method statement of cash flows

20X2

Cash flows from operating activities

Cash receipts from customers

30,150

Cash paid to suppliers and employees

( 27,600)

Cash generated from operations

2,550

Interest paid

( 270)

Income taxes paid

( 900)

Net cash from operating activities

1,380

Cash flows from investing activities

Acquisition of subsidiary X, net of cash acquired  

( 550)

Purchase of property, plant and equipment

( 350)

Proceeds from sale of equipment

20

Interest received

200

Dividends received

200

Net cash used in investing activities

( 480)

Cash flows from financing activities

Proceeds from issue of share capital

250

Proceeds from long-term borrowings

250

Payment of finance lease liabilities

( 90)

Dividends paid [1]

( 1,200)

[1] This could also be shown as an operating cash flow.

Net cash used in financing activities

( 790)

Effect of exchange rate changes

( 40)

Net increase in cash and cash equivalents

70

Cash and cash equivalents at beginning of period

160

Cash and cash equivalents at end of period

230

Indirect method statement of cash flows

20X2

Cash flows from operating activities

Profit before taxation

3,350

Adjustments for:

Depreciation

450

Foreign exchange loss

40

Investment income

( 500)

Interest expense

400

3,740

Increase in trade and other receivables

( 500)

Decrease in inventories

1,050

Decrease in trade payables

( 1,740)

Cash generated from operations

2,550

Interest paid

( 270)

Income taxes paid

( 900)

Net cash from operating activities

1,380

Cash flows from investing activities

Acquisition of subsidiary X net of cash acquired  

( 550)

Purchase of property, plant and equipment  

( 350)

Proceeds from sale of equipment

20

Interest received

200

Dividends received

200

Net cash used in investing activities

( 480)

Cash flows from financing activities

Proceeds from issue of share capital

250

Proceeds from long-term borrowings

250

Payment of finance lease liabilities

( 90)

Dividends paid [2]

( 1,200)

[2] This could also be shown as an operating cash flow.

Net cash used in financing activities

( 790)

Effect of exchange rate changes

( 40)

Net increase in cash and cash equivalents

70

Cash and cash equivalents at beginning of period

160

Cash and cash equivalents at end of period

230

Notes to the statement of cash flows (direct method and indirect method)

Segment information

Segment A

Segment B

Total

Cash flows from:

Operating activities

1,520

( 140)

1,380

Investing activities

( 640)

160

( 480)

Financing activities

( 570)

( 220)

( 790)

310

( 200)

110


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