Can someone please have a look at this annual report and tell me what the free-cash-flow is.
The cash flow statement is on page 37. At the bottom of the statement is "Cash and cash equivalents at 27 January 2007 18 £13,513,000" but I think i'm right in saying this is just cash flow, not free cash flow.
I've found 2 equations for free-cash-flow:
FCF= net income + depreciation/amortization - changes in working capital - capital expenditure
which I've calculated as:
FCF = 14,416,000 + 3,981,000 - unknown - 4,921,000
OR
FCF = cash flows - operations - capital expenditure
which I've calculated as:
FCF = 13,513,000 - unkown - 4,921,000
As you can see ther's a couple of unknowns in there, and it's quite possible something else in there is wrong as well. Could someone please point me in the right direction?
Thanks very much.
The cash flow statement is on page 37. At the bottom of the statement is "Cash and cash equivalents at 27 January 2007 18 £13,513,000" but I think i'm right in saying this is just cash flow, not free cash flow.
I've found 2 equations for free-cash-flow:
FCF= net income + depreciation/amortization - changes in working capital - capital expenditure
which I've calculated as:
FCF = 14,416,000 + 3,981,000 - unknown - 4,921,000
OR
FCF = cash flows - operations - capital expenditure
which I've calculated as:
FCF = 13,513,000 - unkown - 4,921,000
As you can see ther's a couple of unknowns in there, and it's quite possible something else in there is wrong as well. Could someone please point me in the right direction?
Thanks very much.
