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DECEMBER 2002Printer Friendly VersionReviewing the Statement of Cash Flows1998 Diebold Annual Reportby Diane Graese
The table below presents the statements of cash flows for 1998, 1997 and 1996. Significant year-to-year fluctuations are highlighted and discussed in the workshop. NAIC thanks Diebold for their permission to duplicate certain financial statements as part of this presentation.
Investors are primarily concerned with the Income Statement when studying a company. The following excerpt from www.investopedia.com provides an overview of the Statement of Cash Flows. "If a company reports earnings of one billion dollars, does this mean they have put this amount of cash in the bank? Not necessarily. Financial statements are based on accrual accounting, which, in an effort to best reflect the financial health of a company, takes into account non-cash items. Sometimes, however, it can be valuable to strip off all the accounting noise and look at how much actual cash a company is generating. The statement of cash flow provides us with this information." For more discussion on the Statement of Cash Flow, see Learn to Look at the Cash Flow. Diebold's statements of cash flows for 1998 (and values for comparisons to 1997 and 1996 results) is provided below:
Return to Statement of Cash Flows Discussion Diane Graese was formerly an officer of the Computer Group Advisory Board and a director for the BetterInvesting Las Vegas Chapter. She is an active member of i-club-list and the BetterIinvesting Community at Compuserve. Diane is well known for her seminars on cash flow and interpreting financial statements. Contact Diane at dmg1031@aol.com. |
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