Buy custom Objective of financial statements- A critical review
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Business
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| Number of pages / Number of words: |
9 / 2459 |
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In case of Astrazeneca the assets column in the balance sheet also includes Goodwill and intangible assets. These show the value of the patents over drugs and other licences it holds.
Finally, the cash flow statement is suggestive of the liquidity and solvency of the company in terms of showing the activities that generated cash and the activities that absorbed cash...
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Astrazeneca's cash flow statement for instance shows that the net cash inflow from operating activities for 2004 was $6,061 million while the same for 2003 was $4,226. Suggesting that the net cash flow from operations was stronger and much larger than the profit. This is expected in most cases as depreciation is deducted in arriving at profit...
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