70.2K

Verified Solution

Link Copied!

Hi! I would love to get some help with this Air France question. I would love to post the link to these statements but I got in trouble last time I did that??? Apparently, it's against the rules or something. To find the link, just type up Air France air France 2015 consolidated financial statement and scroll until you find the 2015 Consolidated financials. For me, it was the 3rd or fourth result!! I really need help with this one so I highly appreciate it!

http://www.airfranceklm.com/sites/default/files/communiques/consolidated_financial_statements_2015.pdf

Air France-KLM Case LO21-9 @IFRS AIRFRANCE KLM Air France-KLM (AF), a Franco-Dutch company, prepares its financial statements according to International Financial Reporting Standards. AF's financial statements and disclosure notes for the year ended December 31, 2015, are provided in Connect. This material is also available under the Finance link at the company's website (www.airfranceklm- finance.com) Required 1. What are the primary classifications into which AF's cash inflows and cash outflows are separated? Is this classification the same as or different from cash flow statements prepared in accordance with U.S. GAAP? 2. How are cash inflows from dividends and interest and cash outflows for dividends and interest classified in AF's cash flow statements? Is this classification the same as or different from cash flow statements prepared in accordance with U.S. GAAP

Answer & Explanation Solved by verified expert

See Answer