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In: Accounting

Air France Case Air France KLM, A franco-dutch company, prepares its financial statements according to International...

Air France Case

Air France KLM, A franco-dutch company, prepares its financial statements according to International Financial reporting standards. AF;’s financial statements and disclosures notes for the year ended December 31, 2015 are provided in connect. This material is also available under the Finance link at the company’s website. ( www.airfranceklm-finance.com)

Required:

What are the primary classification into which AF’s cash inflows and cash outflows are separated? Is this classification the same as or different from cash flow statements prepared in accordance with US GAAP?

How are cash inflows from dividends and interest and cash outflows for dividends and interest classified in AF’s cash flow statements? Is this classification the same as or different from cash flow statements prepared in accordance with US GAAP?

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ekkarill92 answered 1 year ago
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