ABSTRACT
The third main financial statement in the annual accounts of companies [required by IAS7/FRS1] is the cash flow statement. Its purpose is to show the sources and amounts of cash receipts in the year, from operations, sales of fixed assets, borrowing, issue of shares, and so on, and how the cash has been used in paying tax and dividends, investing in fixed assets, repaying borrowing, and so on. Section 11 deals with cash flows in more detail.
