Deferred tax liability and cash flow statement
This query is : Resolved
mubarak kmoosa
(Querist)
19 April 2018
Dear All,
If I want to start a Cashflow of a particular year from PAT ( Whereas in the same I have a Deferred Tax Liability ) Could anyone help me how to go about it?
Say Suppose my PBT is 1000, and provision for tax is 180 and DTL is 20 then my PAT would be 800. Assuming only noncash items are Depreciation of 50 and DTL of 20 and all else are Cash Item, ( Assuming my Beginning cash balance is zero) my ending cash balance should be 870, right?
Please help me how can I show this figure 870 in casflow ending balance?
If I want to start a Cashflow of a particular year from PAT ( Whereas in the same I have a Deferred Tax Liability ) Could anyone help me how to go about it?
Say Suppose my PBT is 1000, and provision for tax is 180 and DTL is 20 then my PAT would be 800. Assuming only noncash items are Depreciation of 50 and DTL of 20 and all else are Cash Item, ( Assuming my Beginning cash balance is zero) my ending cash balance should be 870, right?
Please help me how can I show this figure 870 in casflow ending balance?
Guest
Guest
(Expert)
19 April 2018
You start with profit before tax for CFS.
PBT: 1000
Add: Non-cash item: 50
Less: taxes paid: 180
Cash flow: 870
PBT: 1000
Add: Non-cash item: 50
Less: taxes paid: 180
Cash flow: 870
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