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Statement of Cash Flow 2021 Cash Flow From Operating Activities 2021 2020

1) The document summarizes the cash flow statement of a company for 2021 and 2020. It shows cash inflows and outflows from operating, investing and financing activities. 2) It then calculates the net cash flow to the firm and equity in 2021, factoring in non-cash expenses, changes in working capital, capital expenditures and debt repayments. 3) A financial model is presented projecting income statement items, cash flows, and equity value over 5 years from 2021-2025 using a constant growth rate and required rate of return.

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Rica Catangui
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89 views6 pages

Statement of Cash Flow 2021 Cash Flow From Operating Activities 2021 2020

1) The document summarizes the cash flow statement of a company for 2021 and 2020. It shows cash inflows and outflows from operating, investing and financing activities. 2) It then calculates the net cash flow to the firm and equity in 2021, factoring in non-cash expenses, changes in working capital, capital expenditures and debt repayments. 3) A financial model is presented projecting income statement items, cash flows, and equity value over 5 years from 2021-2025 using a constant growth rate and required rate of return.

Uploaded by

Rica Catangui
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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1) Statement of Cash Flow 2021

Cash Flow From Operating Activities


Net Income 3,601,619.12
2021 2020
Decrease in A/R 8,206,208.53 16,767,401.50 8,561,192.97
Decrease in merchandise Inventory 2,085,578.47 4,284,496.23 2,198,917.76
Supplies 33,512.89 43,762.89 10,250.00
Decrease in A/P 4,559,621.41 7,973,769.51 -3,414,148.10
Other payables 33,492,929.02 40,113,410.80 -6,620,481.78
Depreciation and Amortization 4,071,558.97 4,071,558.97
Net cash provided by operating activities

Cash Flow From Investing Activities


Purchase of PPE 89,982,806.97 89,446,099.97

Cash Flow From Investing Activities


Payment of bank loan 18,184,976.68 24,633,869.24 -6,448,892.56
Proceeds from mortgage loan 2,514,859.08 2,158,636.46 356,222.62
Share issuance 65565.5
Net cash provided by finanding activities

Increase in Cash and Cash Equivalent


Cash and cash equivalent 2020
Cash and cash equivalent 2021

3) Net cash flow to the firm - 2021


Net Income 3,601,619.12
add: non cash charges
depreciation and amortization 4,071,558.97
Bad debt expenses
Add: interest expense
Interest expense on borrowings 999,069.49
add/less adjustment in working capital 735,730.85 mga kasama sa oerating curren
less: net investment in fixed capital -536,707.00 sa investing

8,871,271.43

Cash Flow from Operating 8,408,908.94


Interest expense 999,069.49
Less: CF from investing -536,707.00
3) Net Cash Flow to the Firm 8,871,271.43

Add: Proceeds of mortgage loan 356,222.62


less: Debt service -6,448,892.56
Add: Proceeds of Share Issuance 65565.5
2) Net Cash flow to the Equity 2,844,166.99

4) Annual CAGR
Total income Revenue
2021- Total income 47,979,856.08 40,825,798.91
2020- Total income 43,903,360.34 39,104,870.57
Annual CAGR- 2021 0.0454
2022 0.02 0.0654 0.02
2023 0.02 0.0854 0.02
2024 0.02 0.1054 0.02
2025 0.02 0.1254 0.02

5)

EQUITY VALUE= FUTURE EARNINGS or operating income sa forecasted cf / required return or cost of capital
8,408,908.94

-536,707.00

-6,027,104.44

1,845,097.50
3,435,295.41
5,280,392.91

asama sa oerating current asset and liab


Net Income
3,601,619.12
2,494,884.10
0.0218 0.2015
0.0418 0.02 0.2215
0.0618 0.02 0.2415
0.0818 0.02 0.2615
0.1018 0.02 0.2815

or cost of capital
Financial Model
2021 2022 2023
Net Income 3,601,619.12 4,399,377.05 5,461,825.74
0.2215 0.2415
Add: non cash charges
Depreciation and amortization 4,071,558.97 4,071,558.97 4,071,558.97
Add: interest expense
Interest expense on borrowings 999,069.49 999,069.49 999,069.49
Add/less adjustment in working capital 735,730.85 735,730.85 735,730.85
Less: net investment in fixed capital -536,707.00 -536,707.00 -536,707.00
Net Cash Flow to the Firm 8,871,271.43 9,669,029.36 10,731,478.05

Add: Proceeds of mortgage loan 356,222.62 356,222.62 356,222.62


Less: Debt service -6,448,892.56 -6,448,892.56 -6,448,892.56
Add: Proceeds of Share Issuance 65565.5 65565.5 65565.5
Net Cash flow to the Equity 2,844,166.99 3,641,924.92 4,704,373.61

5) B. EQUITY VALUE 30,013,492.67 36,661,475.38 45,515,214.47


Estimated required rate of return 0.12 0.12 0.12
2024 2025
6,890,092.09 8,829,651.66
0.2615 0.2815

4,071,558.97 4,071,558.97

999,069.49 999,069.49
735,730.85 735,730.85
-536,707.00 -536,707.00
12,159,744.40 14,099,303.97

356,222.62 356,222.62
-6,448,892.56 -6,448,892.56
65565.5 65565.5
6,132,639.96 8,072,199.53

57,417,434.10 73,580,430.49
0.12 0.12

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