gdn financial statement 2010, page-8

The quarterly cash flow must be one of the most useless statements companies are required to provide. Without knowing other working capital balances, cash balance by itself is meaningless. They could show $2.5m cash, but owe creditors $2.0m. Or, as at June 30th, show $202,000 cash, but have trade payables of $2,417,000 due within 30 days, and $750,000 loans due within seven months.