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3.09% 10.0¢ farm pride foods limited

30.06.2016 Curremt Assets : 23.1 M Currant Liabilities : 16.7 M...

  1. Usman1
    186 Posts.
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    25/02/17
    14:25
    Post #: 22902200
    30.06.2016

    Curremt Assets : 23.1 M
    Currant Liabilities : 16.7 M
    Working Capital: C.A-C.L = 6.431 M


    31.12.2016

    Current Assets : 26 M
    Current Liabilities : 15.8 M
    Working Capital: CA-C.L = 9.8 M

    Increase in W.C : 9.8 M- 6.431 M= 3.4 M

    Increase in Taxes paid: 3.31 M-2.436= 0.87 M

    Adding increase in W.C , Taxes to OCF:
    OCF: 2.31M + 3.4M + 0.87=6.58M

    which are similar to last HY.

    Your thoughts Brother
    FRM Price at posting: $1.24 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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