NAN nanosonics limited
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Just A question on NAN'S Cashflow Statement

  1. Michaelirish
    19,292 Posts.
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    25/02/18
    14:32
    Post #: 31325107
    I am not an accountant .

    But I thought that by law the Cash from operations has to be reported by the Indirect Method  ie:
    1. Start with Net Income
    2. Add back depreciation amounts
    3. Adjust for changes in Working Capital...Ac counts Receivable, Inventory and Accounts Payable
    NAN cashflow statement does not do that.!!!
    NAN Price at posting: $2.62 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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