1
Q
D: Sources of cash (Internal)
A
Operation
Disposal of Assets
2
Q
D: Sources of cash (External)
A
New debt
Share issues
3
Q
D: Uses of cash (Internal)
A
Variations of NWC
CAPEX
4
Q
D: Uses of cash (External)
A
Payment of interest
Repayment of debt
Payment of dividends
Repurchase of shares
5
Q
S: Assets
A
Current assets
Net fixed assets
6
Q
S: Liabilities
A
Payables
Retained earnings
Financial debt
Equity
7
Q
Internally Generated Funds
A
= Net Result + D&A
8
Q
Cash Flow from Operations
A
= IGF + Variation of NWC
9
Q
Free CF after financing expenses
A
= CFO + CF from investment
10
Q
Decrease in financial debt
A
= FCFFE + Equity issuance - Dividends
