Prepare a Cash Flow Statement for ADS from 1984 to 1987. Exhibit 1 American Depa
ID: 340685 • Letter: P
Question
Prepare a Cash Flow Statement for ADS from 1984 to 1987.
Exhibit 1 American Department Stores, Inc. Income Statement (In Thousands) Current 3 Current 2 Current Current -1 $16,538,981$16,787,066 $18,616,856 12,309,956 Current 4 Revenue Cost of Goods Sold Gross Profit $12,731,852 9,284,066 $3,447,786 $14,208,747 10,420,695 $3,788,052 12,369,504 $4,169,477 13,655,464 $4,961,392 Operating Expenses 1,392,457 1,591,380 142,087 156,296 42,626 324,847 463,205 175,000 638,205 132,125 506,081 207,493 298,588 79 General & Administrative Advertising Research and Development 1,234,990 1,387,772 127,319 140,050 1,587,742 1,819,288 165,390 181,929 1,527,623 1,829,790 167,871 201,445 1,731,368 2,010,620 186,169 223,402 ciation Other Operating Expenses 2,928,326 519,460 165,000 684,460 103,658 580,802 249,745 331,057 79 3,793,877 683,234 4,226,026 735,366 235,000 970,366 285,519 684,847 292,429 392,417 79 Total Operating Expenses 3,803,966 Operating Profit EBIT EBT Profit ater taxes Other Income 196,000 897,234 212,633 348,878 114,432 234,446 79 Interest Expense 638,043 243,732 394,310 Taxes Preferred Dividends Eam 330,978 30,710 298,509 34,395 234,368 39,309 394,232 51,593 ings available for common Common Diidends 56.506 264,114 122,840 342,639 122,840 335,832 120,313 300,268 195,059 122,840 Retained Eaming Number shares outstanding Eamings per share Average price per share $23.98 $29.20 $29.67Explanation / Answer
American Department Stores, Inc Statement of Cash Flows (Indirect Method) For the Year ended Current - 3 Current - 2 Current - 1 Current Cash Flow from opearating activities: Net Income 298,588.00 234,446.00 394,310.00 392,417.00 Add/(Less) non cash effects on operating activities Depreciation expense - Equipment 156,296.00 181,929.00 201,445.00 223,402.00 Inrease in Accounts Receivables (79,100.00) (90,002.00) (72,538.00) (67,294.00) Increase in Inventory (104,303.00) (286,556.00) (164,107.00) (282,867.00) Increase in Other Current Assets (20,966.00) (5,497.00) (14,145.00) (39,438.00) Increase in Accounts Payable 120,884.00 161,045.00 73,730.00 46,945.00 Increase (Decrease) in Accrued Expenses (720.00) 68,470.00 57,794.00 38,818.00 Increase (Decrease) in Other Current Liabilities 56,731.00 128,822.00 67,363.00 96,752.00 (63,995.00) 18,184.00 146,023.00 65,589.00 Net Cash provided by operating activities 427,410.00 331,198.00 412,494.00 458,006.00 Cash flow from Investing Activities Purchase of Property, Plant & Equipment (386,512.00) (430,394.00) (525,606.00) (403,719.00) Purchase of Other Fixed Assets (26,018.00) (98,652.00) (215,135.00) 8,428.00 Net Cash used by Investing activities (412,530.00) (529,046.00) (740,741.00) (395,291.00) Cash Flow from Financing Activities Issue (Payment) of Long Term Debt (79,487.00) 181,845.00 342,883.00 36,971.00 Issue (Payment) of Other Debt 67,165.00 86,036.00 72,562.00 99,293.00 Issue (Payment) of Short Term Debt 29,708.00 48,181.00 1,090.00 (45,325.00) Issue (Purchase) of Common stock - - - (74,992.00) Cash Dividend Paid - Common Stock (34,395.00) (39,309.00) (51,593.00) (56,506.00) Cash Dividend Paid - Ptreference (79.00) (79.00) (79.00) (79.00) Net Cash provided (used) by Financing activities (17,088.00) 276,674.00 364,863.00 (40,638.00) Net Increase / (Decrease) in Cash (2,208.00) 78,826.00 36,616.00 22,077.00 Cash balance at the Beginning 416,884.00 414,676.00 493,502.00 530,118.00 Cash balance at the end 414,676.00 493,502.00 530,118.00 552,195.00