HOME DEPOT CASH FLOW Fiscal 1985 Fiscal 1984 Fiscal 1983 　 Feb-86 Feb-85 Feb-84 CASH FLOWS FROM OPERATING ACTIVITIES Net income $8,219,000 $14,122,000 $10,261,000 depreciation $4,376,000 $2,275,000 $903,000 def income taxes $3,612,000 $1,508,000 $713,000 amortization $637,000 $93,000 net gain on sale ($1,317,000) other $180,000 $77,000 $59,000 Increase in a/r ($15,799,000) ($7,170,000) ($1,567,000) increase in inventory ($68,654,000) ($25,334,000) ($41,137,000) increase in prepaids ($587,000) ($1,206,000) ($227,000) increase in a/p $21,525,000 $10,505,000 $17,150,000 change in accrued salary $1,578,000 ($93,000) $2,524,000 increase in other accrued items $3,736,000 $2,824,000 $341,000 change in tax payable ($626,000) ($657,000) $406,000 cash flow from operations ($43,120,000) ($3,056,000) ($10,574,000) ($56,750,000) CASH FLOWS FROM INVESTING ACTIVITIES sale of property $9,469,000 $861,000 $3,000 $10,333,000 additions to property ($99,767,000) ($50,769,000) ($16,081,000) ($166,617,000) Bowater acquisition ($3,902,000) ($3,902,000) goodwill ($25,291,000) ($25,291,000) other ($1,728,000) ($2,554,000) ($252,000) ($4,534,000) cash flow -investing activities ($92,026,000) ($81,655,000) ($16,330,000) CASH FLOWS FROM FINANCING ACTIVITIES long term borrowing $92,400,000 $120,350,000 $4,200,000 $216,950,000 repayments of debt ($10,399,000) ($6,792,000) ($52,000) ($17,243,000) sale of common stock $659,000 $814,000 $36,663,000 $38,136,000 current portion of debt $10,095,000 $233,000 $10,000 $10,338,000 cash flow -financing activities $92,755,000 $114,605,000 $40,821,000 Net change in cash ($42,391,000) $29,894,000 $13,917,000 $1,420,000 Complete an analysis of the cash flow statement presented. We recommend you use either the scan or source/use methods. The negative cash flow from operations for the three years eliminates the ratio method

HOME DEPOT CASH FLOW Fiscal 1985 Fiscal 1984 Fiscal 1983 　 Feb-86 Feb-85 Feb-84 CASH FLOWS FROM OPERATING ACTIVITIES Net income $8,219,000 $14,122,000 $10,261,000 depreciation $4,376,000 $2,275,000 $903,000 def income taxes $3,612,000 $1,508,000 $713,000 amortization $637,000 $93,000 net gain on sale ($1,317,000) other $180,000 $77,000 $59,000 Increase in a/r ($15,799,000) ($7,170,000) ($1,567,000) increase in inventory ($68,654,000) ($25,334,000) ($41,137,000) increase in prepaids ($587,000) ($1,206,000) ($227,000) increase in a/p $21,525,000 $10,505,000 $17,150,000 change in accrued salary $1,578,000 ($93,000) $2,524,000 increase in other accrued items $3,736,000 $2,824,000 $341,000 change in tax payable ($626,000) ($657,000) $406,000 cash flow from operations ($43,120,000) ($3,056,000) ($10,574,000) ($56,750,000) CASH FLOWS FROM INVESTING ACTIVITIES sale of property $9,469,000 $861,000 $3,000 $10,333,000 additions to property ($99,767,000) ($50,769,000) ($16,081,000) ($166,617,000) Bowater acquisition ($3,902,000) ($3,902,000) goodwill ($25,291,000) ($25,291,000) other ($1,728,000) ($2,554,000) ($252,000) ($4,534,000) cash flow -investing activities ($92,026,000) ($81,655,000) ($16,330,000) CASH FLOWS FROM FINANCING ACTIVITIES long term borrowing $92,400,000 $120,350,000 $4,200,000 $216,950,000 repayments of debt ($10,399,000) ($6,792,000) ($52,000) ($17,243,000) sale of common stock $659,000 $814,000 $36,663,000 $38,136,000 current portion of debt $10,095,000 $233,000 $10,000 $10,338,000 cash flow -financing activities $92,755,000 $114,605,000 $40,821,000 Net change in cash ($42,391,000) $29,894,000 $13,917,000 $1,420,000 Complete an analysis of the cash flow statement presented. We recommend you use either the scan or source/use methods. The negative cash flow from operations for the three years eliminates the ratio method

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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HOME DEPOT CASH FLOW
	Fiscal 1985	Fiscal 1984	Fiscal 1983
	Feb-86	Feb-85	Feb-84
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$8,219,000	$14,122,000	$10,261,000
depreciation	$4,376,000	$2,275,000	$903,000
def income taxes	$3,612,000	$1,508,000	$713,000
amortization	$637,000	$93,000
net gain on sale	($1,317,000)
other	$180,000	$77,000	$59,000

Increase in a/r	($15,799,000)	($7,170,000)	($1,567,000)
increase in inventory	($68,654,000)	($25,334,000)	($41,137,000)
increase in prepaids	($587,000)	($1,206,000)	($227,000)
increase in a/p	$21,525,000	$10,505,000	$17,150,000
change in accrued salary	$1,578,000	($93,000)	$2,524,000
increase in other accrued items	$3,736,000	$2,824,000	$341,000
change in tax payable	($626,000)	($657,000)	$406,000

cash flow from operations	($43,120,000)	($3,056,000)	($10,574,000)	($56,750,000)


CASH FLOWS FROM INVESTING ACTIVITIES
sale of property	$9,469,000	$861,000	$3,000	$10,333,000
additions to property	($99,767,000)	($50,769,000)	($16,081,000)	($166,617,000)
Bowater acquisition		($3,902,000)		($3,902,000)
goodwill		($25,291,000)		($25,291,000)
other	($1,728,000)	($2,554,000)	($252,000)	($4,534,000)

cash flow -investing activities	($92,026,000)	($81,655,000)	($16,330,000)


CASH FLOWS FROM FINANCING ACTIVITIES
long term borrowing	$92,400,000	$120,350,000	$4,200,000	$216,950,000
repayments of debt	($10,399,000)	($6,792,000)	($52,000)	($17,243,000)
sale of common stock	$659,000	$814,000	$36,663,000	$38,136,000
current portion of debt	$10,095,000	$233,000	$10,000	$10,338,000

cash flow -financing activities	$92,755,000	$114,605,000	$40,821,000

Net change in cash	($42,391,000)	$29,894,000	$13,917,000	$1,420,000