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Funds Flow Statement Explained

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11 views4 pages

Funds Flow Statement Explained

Uploaded by

Abhinav Anand
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

1|Page ePathshala

Lesson ID 381024
Version 01/23072020
FUNDS FLOW STATEMENT WITH EXAMPLES

Introduction  Funds flow statement indicates the amount of change in various


balance sheet items between two accounting dates.
 It shows the source and use of funds during an accounting period.
 It shows the movement of funds
 It is a statement which shows how the funds are obtained and how
they are put to use
Objectives  Inflow and outflow of funds is analysed
 Indicates changes in the financial position of the company between
two balance sheet dates
 Funds flow statement is widely used to track changes in working
capital.
 This reflects the gap in working capital so as to manage the liquidity
effectively
Components of Sources of Funds & Application of Funds
Funds Flow
Statement Source of Funds
From where / Extent of funds availed from
 Owners - Long Term Source
 Outsiders
Term Liabilities - Long Term Source
Current Liabilities - Short Term Source

 Increase in capital
 Increase in Reserves & Surplus
 Retention of earnings
 Increase in Term liabilities
 Increase in Current Liabilities
 Decrease in Fixed / Non current
 Depreciation
 Decrease in Current Assets

Application of funds:
How the funds have been utilized
 Funds deployed in Fixed assets
Long Term Use
 Funds deployed in Non Current Asset
Long Term Use
 Funds deployed in Current assets
Short Term Use

 Increase in Assets – Fixed Assets


 Increase in Inventory
 Increase in Receivables
 Increase in Investments / NCA
 Decrease in Labilities – Term Liabilities / Current Liabilites
 Reduction of Creditors
 Decrease in networth, incurring losses, withdrawal of funds etc;
2|Page ePathshala

Construction of  Compute the changes in the individual assets and liability items
Funds Flow between balance sheet of two consecutive years
Statement  Sum total of the changes in assets will be equal to the sum total of
changes in the liability items
 Classify the individual items as long term or short term sources /
uses
 A summary of funds flow to be prepared
Summary of Long Term Sources A
Funds Flow Long Term Uses B
Statement Long Term surplus / Deficit C = A minus B

Short Term Source D


Short Term uses E
Short Term surplus / deficit F = D minus E

Movement of Net Working Capital


Long Term surplus / Deficit C
Net Working Capital – Opening balance G
Net Working Capital – Closing Balance H = G plus C

▪ Long term surplus or deficit of current year netted to Net Working


Capital of previous year, will give the Net Working Capital of current
year.
▪ A Positive Long Term Surplus indicates an increase in Networking
capital.
▪ This means the margin towards creation of current assets has come
from long term sources.
Example

Liabilities Assets
Year 1 Year 2 Year 1 Year 2
Capital 27.00 55.00 Net Fixed 551.00 530.00
Assets
Reserves & 850.00 950.00 Non Current 213.00 272.00
Surplus Assets
Long Term 175.00 135.00 Inventory / 200.00 320.00
Borrowings Stock
Short term 375.00 381.00 Trade 990.00 1120.00
borrowings Receivables
Trade 495.00 551.00 Cash & 58.00 55.00
Payables Bank
balance
Other 170.00 210.00 Other 105.00 35.00
Current current
Liabilities assets
Short Term 25.00 50.00
provisions
Total 2117.00 2332.00 Total Assets 2117.00 2332.00
Liabilities

Changes in balance sheet items


Liabilities Change Nature of Assets Change Nature of
change change
Capital 28.00 Long Net Fixed (-) 21 Long
3|Page ePathshala

Term Assets Term


Source Source
Reserves & 100.00 Long Non Current 59.00 Long
Surplus Term Assets Term
Source Use
Long Term (-)40.00 Long Inventory / 120.00 Short
Borrowings Term Stock Term
Use Use
Short Term 6.00 Short Trade 130.00 Short
Borrowings term Receivables Term
Source Use
Trade 56.00 Short Cash & (-) 3.00 Short
Payables term Bank term
Source balance Source
Other 40.00 Short Other (-)70.00 Short
Current term current term
Liabilities Source assets Source
Short Term 25.00 Short
provisions term
Source
Total 215.00 Total Assets 215.00
Liabilities

Summary of Funds Flow


Year 2
Long Term Sources A 149.00
Long Term Uses B 99.00
Long Term surplus / C = A minus B 50.00
Deficit

Short Term Source D 200.00


Short Term uses E 250.00
Short Term surplus / F = D minus E (-) 50.00
deficit
This is the long term and short term surplus / deficit for year 2

Liabilities Assets
Year 1 Year 2 Year 1 Year 2
Short term 375.00 381.00 Inventory / 200.00 320.00
borrowings Stock
Trade 495.00 551.00 Trade 990.00 1120.00
Payables Receivables
Other 170.00 210.00 Cash & 58.00 55.00
Current Bank
Liabilities balance
Short Term 25.00 50.00 Other 105.00 35.00
provisions current
assets

Current 1065.00 1192.00 Current 1353.00 1530.00


Liabilities Assets
4|Page ePathshala

Net Working Capital = Current Assets – Current 288.00 338.00


Liabilities

Movement of Net Working Capital


Long Term surplus / C 50.00
Deficit
Net Working Capital – G 288.00
Opening balance
i.e. NWC for year 1
Net Working Capital – H = G plus C 338.00
Closing Balance

i.e NWC for year 2


Net Working Capital – closing balance is NWC for year 2

Net Working Capital for year 2 is Rs.338.00 lacs

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