Q&ACategory: Dividend StocksNet OCF and Repayments of Lease Obligation
DANIEL ONG asked 1 month ago
Hi Rusmin, I'm revising by watching the video and on the crash course on financial reports which you have gone through using Old Chang Kee, pls clarify that the followings:  Q1:  The correct Net OCF should be equal to $16,654m (Net cash flows generating from operating activities) minus $9,564m (repayment of lease obligation from Financing activities section).
3 Answers
Rusmin Ang Staff answered 1 month ago
Hi Daniel Can I check which year are you trying to calculate?
DANIEL ONG answered 1 month ago
Rusmin, I’m referring to the video under ‘Consistent Dividend Payout Ratio’ where you do a crash course on reading the financial statement using Old Chang Kee’s 2020 AR.
Rusmin Ang Staff answered 1 month ago

Yep, that's correct!

Note that these adjustment is mostly applicable to companies that carry off-balance sheet leases such as retail operators. If you will like to learn about about this, you can read the article below.

https://fifthperson.com/ifrs-16/

DANIEL ONG replied 1 month ago

Thanks

DANIEL ONG replied 1 month ago

Thanks

DANIEL ONG replied 1 month ago

Thanks