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Chapter 24
Example 2
The indirect method:
$m
Profit before tax X
Finance costs X
Investment income (X)
Share of profit/(loss) of associate (X)/X
Depreciation/amortisation/impairments X
Other non-cash incomes/expenses (X)/X
Profit/loss on disposal of non-current assets (X)/X
Increase/decrease in inventories (X)/X
Increase/decrease in receivables (X)/X
Increase/decrease in payables X/(X)
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Cash generated from operations X
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