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Prepare its statement of cash flows under indirect method

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Question: Reports the following financial information for the year ended December 31, 2008 (euros in millions). Prepare its statement of cash flows under the indirect method.

Net loss . . . . . . . . . . . . . . . . . . . . . . . € 500

Depreciation and amortization . . . . . 3,679

Gains on disposals and other . . . . . . (362)

Net increase in current assets . . . . . (417)

Net decrease in current liabilities . . . (2,338)

Cash from sales of treasury stock and other . . . . . . . € 812

Cash paid for dividends . . . . . . . . . . . . . . . . . . . . . . . . 361

Cash from disposal of plant assets and intangibles . . . . 88

Cash paid for plant assets and intangibles . . . . . . . . . (3,331)

Cash and cash equivalents, December 31, 2007 . . . . . . 5,937

Reference no: EM131535861

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