對(duì)現(xiàn)金流量報(bào)表相關(guān)目標(biāo)的量化分析-外文翻譯

1、Quantitative Analysis of the Target Related to Cash Flow StatementWith the example of the trend analysis method applied to the cash flow statement, the authors study the quantitative analysis method of the target related to cash flow statement. So the statement user can knows the current and previou

2、s financial condition in the enterprises, correctly evaluate the current and future abilities to pay and repay, find out the problems in financial affairs, and scientifically calculate the future financial conditions. An adequate, efficient basis is provided for scientific decision.1IntroductionIt w

3、as America that first decided to replace statement of changes in financial position withcash flow statement. Afterwards, U.K.,Australia, Canada and many other countries and areasfollowed.To emphasize cash flowstatement and overcome the shortcomings of statement ofchanges in financialposition, in Jan

4、uary, 1987, FASBinAmericapromulgatedfinancialaccounting standards announcement No. 95 Cash Flow Statement .It requires enterprise toreplace the statement of changes in financial position with cash flow statement from July 1988. In September, 1991, British Accounting Standard Board announced financia

5、l statement standard No.l Cash Flow Statement too, demands all enterprises.Concerned with the requirements should prepare cash flow statement. In 1992, International Accounting Standard Board announcedlnternational Accounting Standards No.l ， required to replace statement of changes in financialposi

6、tion with cash flow statement. So now cash flow statement, equity-debt statement, and profit and loss statement have preliminarily formed the new system of financial accounting statement in enterprise on the worldwide scale.2Cash Flow Statement2.1Contents of Cash Flow Statement and Its Compilation P

7、urposeCash flow statement means statement of changes in financial position compiled based on cash and shows operating activities, investment activities and collecting capital activities of the enterprise on account of flow-in and flow-out of cash during a certain period, and shows allaspects of flow

8、-in and flow-out of cash. It is compiled on the cash basis of accounting and belongs to periodic dynamic statement. The basic purpose of compiling cash flow statement is to provide the information of flow-in and flow-out of cash during a current accounting period to shareholders, creditors and other

9、 users of the statement to help them correctly make assessment of:The Capability of obtaining net cash flow during the future accounting period; The Capability of repay debts and paying dividend; The Capability of raising funds;.The reason for engendering the difference of net income and net cash fl

10、ow; and,Investment and raising funds activities affecting and not affecting cash during the currentperiod.2.2Components of Cash FlowCash flow-inThere are three chief types of economic services flow-in of cash: Reducing other assets except cash adding debts and adding shareholders right.Cash flow- ou

11、tThere are three chief types of economic services flow-out of cash: Adding other assets except cash, reducing debts and reducing shareholders right.2.3Classification of Cash FlowCash flow within a certain period is classified into the following three types on account of the nature of operation servi

12、ce:The cash flow of operation activities, the cash flow of investment activities and the cash flow of raising funds activities.Cash flow ofoperation activitiesOperation activities mean the main service of an enterprise and other non-investment activities or raising funds activities. It includes:Cash

13、 flow-in of operation activities:The input of selling goods and providing labour force; the input of loan interest, stock dividend and bond interest; other input of not belonging to investment activities and raising funds activities.Cash flow-out of operation activities:The cash of paying to supplie

14、rs and providers of labour force; the expenditure of salary; theinterest to creditor; the expenditure of tax on income and penalty.Cash flow of investment activitiesInvestment activities mean purchase and selling of long-term asset and other investments without the cape of cash equivalent. It includ

15、es:Cash flow-in of investment activities: recovering loan; selling stocks and bonds issued by other companies; selling fixed assets and other productive assets.Cash flow-out of investment activities: providing loan to other enterprises; purchasing stocks and bonds issued by other companies; purchasi

16、ng fixed assets and other productive assets (including capitalized interest of asset cost).Cash flow of raising funds activitiesRaising funds activities mean the activities to cause the scale and structure of rights and interest capital and other loan to change. It includes:Cash flow-in of investmen

17、t activities: issuing stocks., bonds and bill; gaining mortgage loans and all kinds of other long-term and short-term loans.Cash flow-out of investment activities: issuing stock interest in cash; repaying loans; preceding expenditure to creditor (including cash expenditure caused by extended long-te

18、rm debt).2.4Structure of Cash Flow StatementThere are two methods to compile cash flow statement: direct method and indirect method. The structure of cash flow statement compiled by the two methods is different. This article recommends the basic structure of cash flow Statement compiled by direct me

19、thod and usually adopted by enterprises. The basic structure of cash flow statement is composed of three parts:Cash flow of operation activities. The data needed by this part may be found in B/S (balance sheet) and income sheet.Cash flow of investment activities. The information needed by this part

20、may be found from the change of current asset account, but the true data need to be adjusted on account of income or loss in income sheet.Cash flow of raising funds activities which may be obtained by analyzing and computing the change of relevant current liability and shareholders rights and intere

21、sts account.Non-cash investment and raising funds activities which may be discovered in the supplementary statements to show all aspects of important economic activities.2.5Compilation of Cash Flow StatementThe information that is needed for compiling cash flow statement includes: beginning balance

22、sheet, final trial balance, other complementary data,etc. Cash flow statement is compiled on account of the original manuscript.3Quantitative Analysis of Relevant QuotaQuantitative analysis of cash flow statement is to compare, analyze and study relevant data of cash flow statement so as to know the

23、 financial position of enterprise, find out the trouble in finance, predict the future financial position and provide the basis for scientific decision.The methods of quantitative analysis of cash flow statement usually include trend analysis, structure analysis, rate analysis, comparative analysis

24、and factor analysis. This article only recommends trend analysis applied to cash flow statement.Trend analysis is an analysis method which forecasts future results by studying a number of continual periods- financial statement, comparing relevant programs amount of money and analyzing the increase a

25、nd decrease of some quotas to judge its trend. Applying trend analysis, the user of statement may know the basic trend of relevant program changes, judge whether this trend is advantageous or not and predict the future development of the enterprise.Trend analysis usually computes trend percentages.

26、There are two types of trend percentages:It is illustrated by the cash flow statement of some telecommunication bureau. We compile cash flow statement gathered from 1995 to 1998 of this bureau on account of cash flow statements from 1995 to 1998 of this bureau (statement from 1995 to 1998 omitted).

27、The form of cash flow statement and the data of this bureau in 1998 are shown as in Table 1:Table 1 Cash flow statement of a telecommunication bureauEnterprise：Year:1998Unit:Thousands of dollarsCash flowAmount1 Cash flow of operationCash flow in:Cash from sales clients85890Other operation income(120

28、19)Sub-total -f cash flow in73871Cash flow out:Paying suppliers(40 871)Paying interests(1 287)Paying other expenses(19 585)Paying income tax(2 546)Sub-total of cash flow out(25 119)Net cash of operation48 7522 Cash flow of investmentCash flow in:Recovery of cash from investment68 000Recovery of cash

29、 relate to18 500investment activitiesSub-total of cash flow in86 500Cash flow out:Equipment purchasing(66 676)Sub- total of cash flow out(66 676)Net cash of investment19 8243 Cash flow of raising fundsCash flow in:Cash from loan36 220Cash accepting rights and interests15 081Sub-total of cash flow in

30、51 301Cash flow out:Cash repayed for debts(16 254)Sub- total of cash flow out(16 254)Net cash of raising funds35 0474 Effects of exchange fluctuations on cash5 Net increased cash flow103 623The article only cites the data from 1995 to 1998 to compute the trend percentage by thetrend analysis method.

31、Table 2The total cash flow statementEnterprise:Unit: Thousands of dollarsCash flow1995199619971998Cash income187 500203 136207 752211 672Among: cash m-68 46570 12571 53273 871come of operationCash income of40 68065 42176 34586 500investmentCash income of78 35567 59059 87551 301raising fundsCash expe

32、nditure62 23379 76591 815108 049including:Cash expenditure15 90819 88022 90525 119of operationCash expenditure32 90540 89554 69066 676of investmentCash expenditure13 42018 99014 22016 254Of raising fundsThe data come from the annual accountant statements from 1995 to 1997(omitted).We can compute the

33、 constant relative with the year- of 1995 as the base period, see Table 3,and Link relative with previous year as the base period, see Table 4, on account of the totalcashflow statement from 1995 to 1998 of this telecommunication bureau.From Table 3, we can conclude that cash flow of the enterprise

34、continuously increases. Cashflow in 1998 was 12.89 percent more than that in 1995 ， among which the increaseof cashincome of operation activities was faster than that of general cash income and was 7.90 percent.Cash income of investment activities increases doubly and up to 112.64 percent, which sho

35、wsthe previous investment gradually expires and then cash income of investment activities increases;but cash income of raising funds activities doesnt increase, on the contrary, 34.53 percent lessthan that in 1995, which shows the dependence on raising funds gradually reduces. Cashexpenditure also g

36、radually increases and cash expenditure in 1998 was 73.62 percent more thanthat in 1995, among which cash expenditure of investment activities increased by 57.90 percent,which is slower than the general cash flow. Cash expenditure of investment activities increased by102.63 percent, which shows cash

37、 expenditure of investment activities in 1998 was double that in1995 and the enterprise strengthens investment.Cash expenditure of raising funds activities hasincreased by 21.09 percent, which shows a huge amount of loans still dont expire or the enterprisedoes not issue dividends (or distribute int

38、erests) to investors.Table 3Comparison of constant relative index_Cash flow1995199619971998(percent)(percent)(percent)(percent)Cash income100108.34110.80112.89Among: cash incomeof operation100102.42104.48107.90Cash income ofInvestment100160.82187.67212.64Cash income ofraising funds10086.2676.4265.47

39、Cash expenditureincluding:100128.17147.53173.62Cash expenditure ofOperation100124.97143.98157.90Cash expenditure ofInvestment100124.28166.21202.63Cash expenditure ofraising funds100141.51105.96121.09_Table 4Comparison of link-relative quota_Cash flow1995199619971998(percent)(percent)(percent)(percen

40、t)Cash income100108.34102.27101.89Cash income ofOperation100102.42102.01103.27Cash income ofVestment100160.82116.70113.30Cash income ofraising funds10086.2688.5985.68Cash expenditure100128.17115.11117.68Cash expenditure ofoperation100124.97115.22109.67Cash expenditure ofInvestment100124.28133.73121.

41、92cash expenditure ofraising funds100141.5174.88114.30From Table 4, we can conclude not only cash income of enterprise increases continuously, but also its increase speed increases progressively. The increase speed of cash income ofoperation activities and investment activities basically reduce prog

42、ressively, but cash income of raising funds activities shows a negative increase. Cash expenditure of enterprise also increases progressively, whose speed is basically smooth and steady. Cash expenditure of operation activities reduces progressively, the increase speed of cash expenditure of investm

43、ent activities in 1997 was higher than that in 1996. But that in 1998 was lower than that in 1997. Cash expenditure of raising funds activities in 1997 cut down faster than in 1996, but that in 1998 rose again after a fall.4Trend Forecast AnalysisThe so-called trend forecast analysismeans to use reg

44、ression analysis method, exponentialsmooth method and so on to analyze and forecast the statement of financialdata, analyze itsdevelopment trend, and this possible development result on this basis.Trend Analysisalso includes trend forecast analysis usually with trend linear equationapplies.The equat

45、ion is: y=a+bxWhere a and b are constant, and x is the period coefficientvalue whichis decided bydistribution and madex=0 .For x=0 ， the distribution value makes little difference whetherthe number of the period is odd or even._19901991199219931994x=-2-1012When the number of the period is even, x ma

46、y be decided as follow:_79808182838485868788x=-10-9-8-7-6-5-4-3-2-1_89909192939495969798x=+1+2+3+4+5+6+7+8+9+10The constants a and b may be decided by following formula:nxyybx2annThedataareobtainedfromaccountantstatementsfrom1979to1998ofthetelecommunication bureau (accountant statements from 1979 to

47、 1994 omitted).Cashincomeofoperationactivitiesof a telecommunication bureau:Unit: Thousands of dollarsCash flow19791980198119821983Cashincomeofoperation activities26 00028 75329 87531 08035 780Unit: Thousands of dollarsCash flow19841985198619871988Cash income ofoperation activities4312345 38947 1004

48、8 20049 318Unit: Thousands of dollarsCash flow19891990199119921993Cash income ofoperation activities50 89752 31055 43258 76560 581Unit: Thousands of dollarsCash flow19941995199619971998Cash income ofoperation activities65 30068 46570 12571 53273 871SO:y=26 00028 75368 4657012571532738711011896a20202

49、0n=50 594.8 Thousands of dollarsnxy20*10 *260009*71 53210*738711 800 125bx2=20* 10222102770n99=2 337.82 Thousands of dollarsthen the forecast trend equation is:y=50 594.8+2 337.82 xif the enterprise wants to forecast cash income of operation activities in 1999, then:y=50 594.8+2 337.82*11=76 310.82

50、Thousands of dollars5ConclusionBy quantitative analysis of cash flow statement, we can conclude the trend analysis is an analysis method which forecasts the future result by studying a number of continual periods financial statements, comparing the amount of relevant programs and analyzing the incre

51、ase and decrease of some quotas to judge its trend. Applying trend analysis, the user of statement may know the basic trend of relevant program changes, judge whether this trend is advantageous or not and predict the future development of the enterprise.Joe Johnson and Larry Brown 1999. “ Analysis o

52、f cash flow statement the cap journal;” October譯文：對(duì)現(xiàn)金流量報(bào)表相關(guān)目標(biāo)的量化分析本文以適用于現(xiàn)金流量表的趨勢(shì)的分析方法為例子， 通過(guò)用定量分析法研究與現(xiàn)金流量表相關(guān)的目標(biāo)。 所以，現(xiàn)金流量表的使用者可以知道企業(yè)當(dāng)前和以前的財(cái)務(wù)狀況，正確評(píng)價(jià)當(dāng)前和未來(lái)投入與產(chǎn)出的能力， 找出企業(yè)在財(cái)務(wù)狀況中的存在問(wèn)題并合理的計(jì)算未來(lái)的財(cái)務(wù)狀況。 為合理的決策提供充分、 有效的基礎(chǔ)。介紹美國(guó)是第一個(gè)決定用現(xiàn)金流量表代替財(cái)務(wù)狀況變動(dòng)表的國(guó)家。事后，英國(guó)、 澳大利亞、加拿大和許多其他國(guó)家和地區(qū)也開始效仿。為強(qiáng)調(diào)現(xiàn)金流量表和克服財(cái)務(wù)狀況變動(dòng)表的缺點(diǎn)，美國(guó)的財(cái)務(wù)會(huì)計(jì)準(zhǔn)則

53、委員會(huì)于1987 年 1 月頒布了第 95 號(hào)現(xiàn)金流量表這一財(cái)務(wù)會(huì)計(jì)標(biāo)準(zhǔn)的聲明。它要求企業(yè)從1988 年 7月開始用現(xiàn)金流量表取代財(cái)務(wù)狀況變動(dòng)表。1991 年 9 月，英國(guó)會(huì)計(jì)準(zhǔn)則委員會(huì)考慮到需要準(zhǔn)備現(xiàn)金流量表的要求，也公布了財(cái)務(wù)報(bào)表標(biāo)準(zhǔn)第 1 號(hào) 現(xiàn)金流量表用來(lái)要求所有的企業(yè)。國(guó)際會(huì)計(jì)標(biāo)準(zhǔn)委員會(huì)在 1992 年公布了 1 號(hào)國(guó)際會(huì)計(jì)準(zhǔn)則，要求用現(xiàn)金流量表代替財(cái)務(wù)狀況變動(dòng)表。所以，現(xiàn)在 現(xiàn)金流量表 、股權(quán)債務(wù)聲明 和損益表 已在世界范圍內(nèi)的企業(yè)中初步形成了新的財(cái)務(wù)會(huì)計(jì)報(bào)告制度?，F(xiàn)金流量表2.1 現(xiàn)金流量表的內(nèi)容和其編譯目的現(xiàn)金流量表是指基于現(xiàn)金和經(jīng)營(yíng)活動(dòng)的財(cái)務(wù)狀況變動(dòng)表， 它運(yùn)用企業(yè)在某階段的

54、經(jīng)營(yíng)活動(dòng)、 投資活動(dòng)來(lái)計(jì)算現(xiàn)金的投入與產(chǎn)出，并顯示現(xiàn)金投入與產(chǎn)出的各個(gè)方面的關(guān)系。 它以現(xiàn)金對(duì)賬單為基礎(chǔ)， 屬于定期動(dòng)態(tài)表。 編制現(xiàn)金流量表的基本目的是為股東、 債權(quán)人及其他提供現(xiàn)階段現(xiàn)金流入和流出的信息，幫助他們正確地做出評(píng)估，主要包括以下幾個(gè)方面：未來(lái)會(huì)計(jì)期獲取凈現(xiàn)金流量的能力；償債與付息的能力；籌集資金的能力 ;引起凈收益額與凈現(xiàn)金流量不同的原因?，F(xiàn)階段投資和影響和不影響現(xiàn)金的籌集資金活動(dòng)。2.2 現(xiàn)金流的構(gòu)成（ 1）現(xiàn)金流入量主要有 3 種資金流入量的經(jīng)濟(jì)業(yè)務(wù)： 減少經(jīng)營(yíng)資金、 增加現(xiàn)金債務(wù)和增加股東權(quán)益。（ 2）現(xiàn)金流出量主要有 3 種主要資金流出量的經(jīng)濟(jì)業(yè)務(wù)：增加經(jīng)營(yíng)資金、 減少現(xiàn)

55、金債務(wù)和減少股東權(quán)益。2.3 現(xiàn)金流的分類因業(yè)務(wù)性質(zhì)不同一定時(shí)期的現(xiàn)金流量可分為下面三種形式：經(jīng)營(yíng)活動(dòng)產(chǎn)生的現(xiàn)金流量，投資活動(dòng)產(chǎn)生的現(xiàn)金流量，籌資活動(dòng)產(chǎn)生的現(xiàn)金流量。（ 1）經(jīng)營(yíng)活動(dòng)產(chǎn)生的現(xiàn)金流量經(jīng)營(yíng)活動(dòng)意味著企業(yè)的主要業(yè)務(wù)和投資活動(dòng)或籌資活動(dòng)無(wú)關(guān)，包括經(jīng)營(yíng)現(xiàn)金流入和經(jīng)營(yíng)現(xiàn)金流出。經(jīng)營(yíng)活動(dòng)產(chǎn)生的現(xiàn)金流入即銷售商品和提供勞務(wù)的投入；貸款利息、股息和債券利息的投入； 以及其他不屬于投資和籌資活動(dòng)。經(jīng)營(yíng)資金流出即支付供應(yīng)商和勞力提供者，工資支出，支付債權(quán)人利息和稅收、 罰金支出。2）投資資金流量投資活動(dòng)意味著購(gòu)買和出售長(zhǎng)期資產(chǎn)和其他不能短期變現(xiàn)的現(xiàn)金等價(jià)物，包括：資金流入投資和資金流出投資。 資金流

56、入投資即回收貸款， 通過(guò)其他工資出售股票和債券， 出售固定資產(chǎn)和其他經(jīng)營(yíng)性資產(chǎn)。 資金流出投資即向其他企業(yè)提供貸款，購(gòu)買其他公司的股票和債券， 購(gòu)買固定資產(chǎn)和其他經(jīng)營(yíng)性資產(chǎn)包括資產(chǎn)費(fèi)用的資本化利息。（ 3）籌資資金流量籌資活動(dòng)意味著引起權(quán)利和利益資金規(guī)模、 結(jié)構(gòu)的活動(dòng)和其他貸款改變。 籌資活動(dòng)包括資金流入籌資活動(dòng)和資金流出投資活動(dòng)。 資金流入籌資活動(dòng)即發(fā)行股票、債券和票據(jù)； 吸引按揭抵押和各種長(zhǎng)期或短期貸款。 資金流出籌資活動(dòng)即用現(xiàn)金發(fā)行股票利息， 償還貸款，給債權(quán)人的支出包括延期的長(zhǎng)期貸款產(chǎn)生的現(xiàn)金支出。2.4 現(xiàn)金流量表的結(jié)構(gòu)有兩種方法可以編譯資金的流動(dòng)狀態(tài)，分別是直接方法和間接方法。由這

57、兩種方法所解釋的資金流動(dòng)狀態(tài)的結(jié)構(gòu)是不同的。 此篇文章推薦的即為直接方法所編譯的資金流動(dòng)狀態(tài)的基本構(gòu)造， 而且這種方法經(jīng)常被各大企業(yè)采用。 資金流動(dòng)狀態(tài)的基本構(gòu)造是由三部分構(gòu)成的：資金流動(dòng)的運(yùn)行。這部分所需要的數(shù)據(jù)可以在 B/S（平衡表）和損益表中找到。資金流動(dòng)的投資活動(dòng)。 這部分所需要的數(shù)據(jù)可以從目前的資產(chǎn)賬戶的改變中找到，但是真正的數(shù)據(jù)需要根據(jù)損益表的收支進(jìn)行調(diào)整。資金流動(dòng)的資金籌備活動(dòng)。這一部分可以通過(guò)分析和推算相關(guān)目前債務(wù)、股東權(quán)益以及權(quán)益賬戶的改變獲得。增補(bǔ)聲明中發(fā)現(xiàn)的非現(xiàn)金投資和資金籌備活動(dòng)可以顯示出重要經(jīng)濟(jì)活動(dòng)的所有方面。2.5 資金流動(dòng)狀態(tài)的編制編制資金流動(dòng)狀態(tài)所需要的的信息包

58、括：起始平衡表，最終的實(shí)驗(yàn)平衡，以及其他補(bǔ)充數(shù)據(jù)等等。資金的流動(dòng)狀態(tài)是根據(jù)最初的底稿編譯的。定量分析的相關(guān)指標(biāo)資金流動(dòng)狀態(tài)的定量分析是通過(guò)對(duì)比、 分析和研究相關(guān)數(shù)據(jù)來(lái)獲得企業(yè)的財(cái)政狀態(tài)，同時(shí)發(fā)現(xiàn)財(cái)政困難，預(yù)測(cè)未來(lái)財(cái)政狀態(tài)以及提供科學(xué)決斷的依據(jù)。資金流動(dòng)狀態(tài)的定量分析方法通常包括走向分析、結(jié)構(gòu)分析、比率分析、對(duì)比分析和因素分析。這篇文章僅推薦把走向分析應(yīng)用于資金流動(dòng)狀態(tài)中。走向分析是一種通過(guò)研究大量的連續(xù)階段的財(cái)政狀態(tài)， 比較有關(guān)項(xiàng)目的資金數(shù)目，分析一些指標(biāo)的起伏來(lái)決定其走向從而預(yù)測(cè)未來(lái)結(jié)果的分析方法。 應(yīng)用這種方法時(shí)，用戶需要知道有關(guān)項(xiàng)目改變的基本走向， 從而決定這種走向是否有利同時(shí)預(yù)測(cè)企業(yè)未

59、來(lái)的發(fā)展。走向分析通常推算走向比例。走向比例共有兩種類型：以一些電信局的資金流動(dòng)狀態(tài)說(shuō)明。我們根據(jù)該局從 1995 年到 1998 年的資金流動(dòng)狀態(tài)集合了 1995 年到 1998 年的數(shù)據(jù)編譯了它的資金流動(dòng)狀態(tài)。 （ 1995 年到 1998 年的資金流動(dòng)狀態(tài)已省略）該局 1998 年的資金流動(dòng)狀態(tài)表格和數(shù)據(jù)見表 1；表 1 洛杉磯電信局現(xiàn)金流量表編制單位：年份 :1998單位 :千美元現(xiàn)金流量合計(jì)經(jīng)營(yíng)活動(dòng)產(chǎn)生的現(xiàn)金流量現(xiàn)金流入量 :銷售商品、提供勞務(wù)收到的現(xiàn)金85890收到其他與經(jīng)營(yíng)活動(dòng)有關(guān)的現(xiàn)金(12019)經(jīng)營(yíng)活動(dòng)現(xiàn)金流入小計(jì)73871現(xiàn)金流出量 :購(gòu)買商品、接受勞務(wù)支付的現(xiàn)金(40

60、871)支付給職工以及為職工支付的現(xiàn)金(1 287)支付其他與經(jīng)營(yíng)活動(dòng)有關(guān)的現(xiàn)金(19 585)支付的各項(xiàng)稅費(fèi)(2 546)經(jīng)營(yíng)活動(dòng)現(xiàn)金流出小計(jì)(25 119)經(jīng)營(yíng)活動(dòng)產(chǎn)生的現(xiàn)金流量?jī)纛~48 7522投資活動(dòng)產(chǎn)生的現(xiàn)金流量現(xiàn)金流入量 :收回投資收到的現(xiàn)金68 000取得投資收益收到的現(xiàn)金18 500收到其他投資活動(dòng)有關(guān)的現(xiàn)金0投資活動(dòng)現(xiàn)金流入小計(jì)86 500現(xiàn)金流出量 :購(gòu)買固定資產(chǎn)支付的現(xiàn)金(66 676)投資活動(dòng)現(xiàn)金流出小計(jì)(66 676)投資活動(dòng)產(chǎn)生的現(xiàn)金流量?jī)纛~19 8243籌資活動(dòng)產(chǎn)生的現(xiàn)金流量現(xiàn)金流入量 :取得借款收到的現(xiàn)金36 220吸收投資收到的現(xiàn)金15 081籌資活動(dòng)現(xiàn)金流入