The Cash Flow StatementThe Cash Flow Statement

• The purpose is to provide info about the sources and uses of cash during a particular time period

• content and organization– operating activities: generally, any activities that enter into the

determination of net income

– investing activities: transactions involved in the acquisition or disposition of non-current assets (sale or purchase of non-current assets, sales or purchases of other company’s securities, collecting or giving a loan to a third party)

– financing activities: transactions involving the company’s debt or equity (selling or acquiring company’s own stock, issuing or repaying long-term debt, payment of dividends)

Glorian Portrait Studios, IncorporatedStatement of Cash FlowsFor the Month ended May 31, 2007

Cash Provided from Operating Activities:

Glorian Portrait Studios, IncorporatedStatement of Cash FlowsFor the Month ended May 31, 2007

Cash Provided from Operating Activities:

Cash Collected from Customers

Glorian Portrait Studios, IncorporatedStatement of Cash FlowsFor the Month ended May 31, 2007

Cash Provided from Operating Activities:

Cash Collected from Customers $19,000

Glorian Portrait Studios, IncorporatedStatement of Cash FlowsFor the Month ended May 31, 2007

Cash Provided from Operating Activities:

Cash Collected from Customers $19,000 Cash Paid:

Glorian Portrait Studios, IncorporatedStatement of Cash FlowsFor the Month ended May 31, 2007

Cash Provided from Operating Activities:

Cash Collected from Customers $19,000 Cash Paid:

To vendors for supplies

Glorian Portrait Studios, IncorporatedStatement of Cash FlowsFor the Month ended May 31, 2007

Cash Provided from Operating Activities:

Cash Collected from Customers $19,000 Cash Paid:

To vendors for supplies $3,500

Glorian Portrait Studios, IncorporatedStatement of Cash FlowsFor the Month ended May 31, 2007

Cash Provided from Operating Activities:

Cash Collected from Customers $19,000 Cash Paid:

To vendors for supplies $3,500To Landlord for rent 5,000

Glorian Portrait Studios, IncorporatedStatement of Cash FlowsFor the Month ended May 31, 2007

Cash Provided from Operating Activities:

Cash Collected from Customers $19,000 Cash Paid:

To vendors for supplies $3,500To Landlord for rent 5,000To Employees- Artist 8,000

Glorian Portrait Studios, IncorporatedStatement of Cash FlowsFor the Month ended May 31, 2007

Cash Provided from Operating Activities:

Cash Collected from Customers $19,000 Cash Paid:

To vendors for supplies $3,500To Landlord for rent 5,000To Employees- Artist 8,000 16,500

Glorian Portrait Studios, IncorporatedStatement of Cash FlowsFor the Month ended May 31, 2007

Cash Provided from Operating Activities:

Cash Collected from Customers $19,000 Cash Paid:

To vendors for supplies $3,500To Landlord for rent 5,000To Employees- Artist 8,000 16,500

Cash Provided From Operations

Glorian Portrait Studios, IncorporatedStatement of Cash FlowsFor the Month ended May 31, 2007

Cash Provided from Operating Activities:

Cash Collected from Customers $19,000 Cash Paid:

To vendors for supplies $3,500To Landlord for rent 5,000To Employees- Artist 8,000 16,500

Cash Provided From Operations $ 2,500

Glorian Portrait Studios, IncorporatedStatement of Cash FlowsFor the Month ended May 31, 2007

Cash Provided from Operating Activities:

Cash Collected from Customers $19,000 Cash Paid:

To vendors for supplies $3,500To Landlord for rent 5,000To Employees- Artist 8,000 16,500

Cash Provided From Operations $ 2,500

Cash Provided from Investing Activities

Glorian Portrait Studios, IncorporatedStatement of Cash FlowsFor the Month ended May 31, 2007

Cash Provided from Operating Activities:

Cash Collected from Customers $19,000 Cash Paid:

To vendors for supplies $3,500To Landlord for rent 5,000To Employees- Artist 8,000 16,500

Cash Provided From Operations $ 2,500

Cash Provided from Investing Activities

Investment and later sale of securities, buildings, equipment $ 0

Glorian Portrait Studios, IncorporatedStatement of Cash FlowsFor the Month ended May 31, 2007

Cash Provided from Operating Activities:

Cash Collected from Customers $19,000 Cash Paid:

To vendors for supplies $3,500To Landlord for rent 5,000To Employees- Artist 8,000 16,500

Cash Provided From Operations $ 2,500

Cash Provided from Investing Activities

Investment and later sale of securities, buildings, equipment $ 0Cash Provided (or Used) from Investing Activities $ 0

Glorian Portrait Studios, IncorporatedStatement of Cash FlowsFor the Month ended May 31, 2007

Cash Provided from Operating Activities:

Cash Collected from Customers $19,000 Cash Paid:

To vendors for supplies $3,500To Landlord for rent 5,000To Employees- Artist 8,000 16,500

Cash Provided From Operations $ 2,500

Cash Provided from Investing Activities

Investment and later sale of securities, buildings, equipment $ 0Cash Provided (or Used) from Investing Activities $ 0

Cash Provided From Financing Activities

Glorian Portrait Studios, IncorporatedStatement of Cash FlowsFor the Month ended May 31, 2007

Cash Provided from Operating Activities:

Cash Collected from Customers $19,000 Cash Paid:

To vendors for supplies $3,500To Landlord for rent 5,000To Employees- Artist 8,000 16,500

Cash Provided From Operations $ 2,500

Cash Provided from Investing Activities

Investment and later sale of securities, buildings, equipment $ 0Cash Provided (or Used) from Investing Activities $ 0

Cash Provided From Financing Activities

Issuance and retirement of stocks and bonds $ 0

Glorian Portrait Studios, IncorporatedStatement of Cash FlowsFor the Month ended May 31, 2007

Cash Provided from Operating Activities:

Cash Collected from Customers $19,000 Cash Paid:

To vendors for supplies $3,500To Landlord for rent 5,000To Employees- Artist 8,000 16,500

Cash Provided From Operations $ 2,500

Cash Provided from Investing Activities

Investment and later sale of securities, buildings, equipment $ 0Cash Provided (or Used) from Investing Activities $ 0

Cash Provided From Financing Activities

Issuance and retirement of stocks and bonds $ 0Payment of Dividends 0

Glorian Portrait Studios, IncorporatedStatement of Cash FlowsFor the Month ended May 31, 2007

Cash Provided from Operating Activities:

Cash Collected from Customers $19,000 Cash Paid:

To vendors for supplies $3,500To Landlord for rent 5,000To Employees- Artist 8,000 16,500

Cash Provided From Operations $ 2,500

Cash Provided from Investing Activities

Investment and later sale of securities, buildings, equipment $ 0Cash Provided (or Used) from Investing Activities $ 0

Cash Provided From Financing Activities

Issuance and retirement of stocks and bonds $ 0Payment of Dividends 0

Cash Provided (or Used) from Financing Activities $ 0

Glorian Portrait Studios, IncorporatedStatement of Cash FlowsFor the Month ended May 31, 2007

Cash Provided from Operating Activities:

Cash Collected from Customers $19,000 Cash Paid:

To vendors for supplies $3,500To Landlord for rent 5,000To Employees- Artist 8,000 16,500

Cash Provided From Operations $ 2,500

Cash Provided from Investing Activities

Investment and later sale of securities, buildings, equipment $ 0Cash Provided (or Used) from Investing Activities $ 0

Cash Provided From Financing Activities

Issuance and retirement of stocks and bonds $ 0Payment of Dividends 0

Cash Provided (or Used) from Financing Activities $ 0

Increase in cash during period

Glorian Portrait Studios, IncorporatedStatement of Cash FlowsFor the Month ended May 31, 2007

Cash Provided from Operating Activities:

Cash Collected from Customers $19,000 Cash Paid:

To vendors for supplies $3,500To Landlord for rent 5,000To Employees- Artist 8,000 16,500

Cash Provided From Operations $ 2,500

Cash Provided from Investing Activities

Investment and later sale of securities, buildings, equipment $ 0Cash Provided (or Used) from Investing Activities $ 0

Cash Provided From Financing Activities

Issuance and retirement of stocks and bonds $ 0Payment of Dividends 0

Cash Provided (or Used) from Financing Activities $ 0

Increase in cash during period $ 2,500

Glorian Portrait Studios, IncorporatedStatement of Cash FlowsFor the Month ended May 31, 2007

Cash Provided from Operating Activities:

Cash Collected from Customers $19,000 Cash Paid:

To vendors for supplies $3,500To Landlord for rent 5,000To Employees- Artist 8,000 16,500

Cash Provided From Operations $ 2,500

Cash Provided from Investing Activities

Investment and later sale of securities, buildings, equipment $ 0Cash Provided (or Used) from Investing Activities $ 0

Cash Provided From Financing Activities

Issuance and retirement of stocks and bonds $ 0Payment of Dividends 0

Cash Provided (or Used) from Financing Activities $ 0

Increase in cash during period $ 2,500Cash Balance, beginning of Period (May 1)

Glorian Portrait Studios, IncorporatedStatement of Cash FlowsFor the Month ended May 31, 2007

Cash Provided from Operating Activities:

Cash Collected from Customers $19,000 Cash Paid:

To vendors for supplies $3,500To Landlord for rent 5,000To Employees- Artist 8,000 16,500

Cash Provided From Operations $ 2,500

Cash Provided from Investing Activities

Investment and later sale of securities, buildings, equipment $ 0Cash Provided (or Used) from Investing Activities $ 0

Cash Provided From Financing Activities

Issuance and retirement of stocks and bonds $ 0Payment of Dividends 0

Cash Provided (or Used) from Financing Activities $ 0

Increase in cash during period $ 2,500Cash Balance, beginning of Period (May 1) 11,000

Glorian Portrait Studios, IncorporatedStatement of Cash FlowsFor the Month ended May 31, 2007

Cash Provided from Operating Activities:

Cash Collected from Customers $19,000 Cash Paid:

To vendors for supplies $3,500To Landlord for rent 5,000To Employees- Artist 8,000 16,500

Cash Provided From Operations $ 2,500

Cash Provided from Investing Activities

Investment and later sale of securities, buildings, equipment $ 0Cash Provided (or Used) from Investing Activities $ 0

Cash Provided From Financing Activities

Issuance and retirement of stocks and bonds $ 0Payment of Dividends 0

Cash Provided (or Used) from Financing Activities $ 0

Increase in cash during period $ 2,500Cash Balance, beginning of Period (May 1) 11,000Cash Balance, end of Period (May 31) $13,500