Financial Statement Analysis

Download the annual report of a listed company 

from its corporate website. The annual report is 

a pdf document and may be found under the link 

‘investor relations’ / ‘investors’. You may choose 

any year and any listed company. You are 

required to DESCRIBE the cash flow statement 

of the company for two consecutive years. You 

are NOT required to evaluate the cash flows; 

ONLY: (a) to identify the MAIN cash flows per 

category of cash flows, and (b) to compare them 

with the previous year. The objective of this 

question is to familiarize students with real cash 

flow statements and their structure

Enable students and gain confidence to 

read, understand and analyze financial 

statements.

• Demonstrate a true understanding of the 

financial position of a company both today 

and into the future.

Apply a more efficient and effective 

approach to interpreting and analyzing 

financial statements.

 Compare and contrast information about 

enterprises with relevant benchmarks.

Download the annual report of a listed company 

from its corporate website. The annual report is 

a pdf document and may be found under the link 

‘investor relations’ / ‘investors’. You may choose 

any year and any listed company. You are 

required to DESCRIBE the cash flow statement 

of the company for two consecutive years. You 

are NOT required to evaluate the cash flows; 

ONLY: (a) to identify the MAIN cash flows per 

category of cash flows, and (b) to compare them 

with the previous year. The objective of this 

question is to familiarize students with real cash 

flow statements and their structure

Enable students and gain confidence to 

read, understand and analyze financial 

statements.

• Demonstrate a true understanding of the 

financial position of a company both today 

and into the future.

Apply a more efficient and effective 

approach to interpreting and analyzing 

financial statements.

 Compare and contrast information about 

enterprises with relevant benchmarks.

Download the annual report of a listed company 

from its corporate website. The annual report is 

a pdf document and may be found under the link 

‘investor relations’ / ‘investors’. You may choose 

any year and any listed company. You are 

required to DESCRIBE the cash flow statement 

of the company for two consecutive years. You 

are NOT required to evaluate the cash flows; 

ONLY: (a) to identify the MAIN cash flows per 

category of cash flows, and (b) to compare them 

with the previous year. The objective of this 

question is to familiarize students with real cash 

flow statements and their structure

Enable students and gain confidence to 

read, understand and analyze financial 

statements.

• Demonstrate a true understanding of the 

financial position of a company both today 

and into the future.

Apply a more efficient and effective 

approach to interpreting and analyzing 

financial statements.

 Compare and contrast information about 

enterprises with relevant benchmarks.

Download the annual report of a listed company 

from its corporate website. The annual report is 

a pdf document and may be found under the link 

‘investor relations’ / ‘investors’. You may choose 

any year and any listed company. You are 

required to DESCRIBE the cash flow statement 

of the company for two consecutive years. You 

are NOT required to evaluate the cash flows; 

ONLY: (a) to identify the MAIN cash flows per 

category of cash flows, and (b) to compare them 

with the previous year. The objective of this 

question is to familiarize students with real cash 

flow statements and their structure

Enable students and gain confidence to 

read, understand and analyze financial 

statements.

• Demonstrate a true understanding of the 

financial position of a company both today 

and into the future.

Apply a more efficient and effective 

approach to interpreting and analyzing 

financial statements.

 Compare and contrast information about 

enterprises with relevant benchmarks.