【正文】 39。 selling fixed assets and other productive assets. Cash flowout of investment activities: providing loan to other enterprises。 financial statement, paring relevant program39。為 合理的 決策提供充分、 有效的基礎(chǔ)。 2 現(xiàn)金流量表 現(xiàn)金流量表的內(nèi)容和其編譯目的 現(xiàn)金流量表是指基于現(xiàn) 金和 經(jīng)營 活動(dòng)的財(cái)務(wù)狀況變動(dòng)表，它 運(yùn)用 企業(yè)在某階段的經(jīng)營活動(dòng)、 投資活動(dòng)來計(jì)算現(xiàn)金的投入與產(chǎn)出，并顯示現(xiàn)金投入與產(chǎn)出的各個(gè)方面 的關(guān)系 。 （ 1）經(jīng)營活動(dòng)產(chǎn)生的現(xiàn)金 流 量 經(jīng)營活動(dòng)意味著企業(yè)的主要業(yè)務(wù)和投資活動(dòng)或籌資活動(dòng)無關(guān)，包括經(jīng)營現(xiàn)金流入和經(jīng)營現(xiàn)金流出。資金流入 籌資 活動(dòng)即發(fā)行股票、債券和票據(jù)；吸引按揭抵押和各種長期或短期貸款。這部分所需要的數(shù)據(jù)可以從目前的資產(chǎn)賬戶的改變中找到，但是真正的數(shù)據(jù)需要根據(jù)損益表的收支進(jìn)行調(diào)整。這篇文章僅推薦把走向分析應(yīng)用于資金流動(dòng)狀態(tài)中。 我們可以計(jì)算相對常數(shù)以 1995為基期 ,見表 3,并環(huán)比以前一年的基 期 ,見表 4,依據(jù)從 1995年至 1998年電信局總現(xiàn)金流量報(bào)表。經(jīng)營活動(dòng)、投資活動(dòng) 的 現(xiàn)金收入的增長速度基本上 不斷降低 ， 且 籌資活動(dòng)現(xiàn)金收入 亦呈 負(fù)增長。對于 ∑x = 0，其 分布值 根據(jù) 周期數(shù)是奇數(shù)還是偶數(shù) 的不同有點(diǎn) 差異。 1997年， 籌資活動(dòng) 中 現(xiàn)金支出 削減快于 1996年 ，但在 1998年籌資活動(dòng)現(xiàn)金支出在下降后 再次上 升。但 籌資 活動(dòng)不 但沒有 增加 ,相反 卻與 1995年同比下降了 %,表明對 籌集資金 的依賴逐漸減少 . 現(xiàn)金開支也逐漸增加 ,1998年的 現(xiàn)金支出 比 1995年增加了 % ,其中投資活動(dòng)的現(xiàn)金開支增加了%,這低于總的現(xiàn)金流。走向比例共有兩種類型：以一些電信局的資金流動(dòng)狀態(tài)說明。 資金流動(dòng)狀態(tài)的編制 編制 資金流動(dòng)狀態(tài)所需要的的信息包括：起始平衡表，最終的實(shí)驗(yàn)平衡，以及其他補(bǔ)充數(shù)據(jù)等等。此篇文章推薦的即為直接方法所編譯的資金流動(dòng)狀態(tài)的基本構(gòu)造，而且這種方法經(jīng)常被各大企業(yè)采用。資金流入投資即回收貸款，通過其他工資 出售 股票和債券， 出售 固定資產(chǎn)和其他 經(jīng)營 性資產(chǎn)。 現(xiàn)階段投資和影響和不影響現(xiàn)金的籌集資金活動(dòng)。它要求企業(yè)從 1988 年 7月開始用現(xiàn)金流量表取代財(cái)務(wù)狀況變動(dòng)表。t expire or the enterprise does not issue dividends (or distribute interests) to investors. Table 3 Comparison of constant relative index _______________________________________________________________________________ Cash flow 1995 1996 1997 1998 (percent) (percent) (percent) (percent) Cash ine 100 Among: cash ine of operation 100 Cash ine of Investment 100 Cash ine of raising funds 100 Cash expenditure including: 100 Cash expenditure of Operation 100 Cash expenditure of Investment 100 Cash expenditure of raising funds 100 _______________________________________________________________________________ Table 4 Comparison of linkrelative quota _______________________________________________________________________________ Cash flow 1995 1996 1997 1998 (percent) (percent) (percent) (percent) Cash ine 100 Cash ine of Operation 100 Cash ine of Vestment 100 Cash ine of raising funds 100 Cash expenditure 100 Cash expenditure of operation 100 Cash expenditure of Investment 100 cash expenditure of raising funds 100 From Table 4, we can conclude not only cash ine of enterprise increases continuously, but also its increase speed increases progressively. The increase speed of cash ine of operation activities and investment activities basically reduce progressively, but cash ine of raising funds activities shows a negative increase. Cash expenditure of enterprise also increases progressively, whose speed is basically smooth and steady. Cash expenditure of operation activities reduces progressively, the increase speed of cash expenditure of investment activities in 1997 was higher than that in 1996. But that in 1998 was lower than that in 1997. Cash expenditure of raising funds activities in 1997 cut down faster than in 1996, but that in 1998 rose again after a fall. 4 Trend Forecast Analysis The socalled trend forecast analysis means to use regression analysis method, exponential smooth method and so on to analyze and forecast the statement of financial data, analyze its development trend, and this possible development result on this basis. Trend Analysis also includes trend forecast analysis usually with trend linear equation equation is: y=a+bx Where a and b are constant, and x is the period coefficient value which is decided by distribution and made ∑x=0 .For ∑ x=0， the distribution value makes little difference whether the number of the period is odd or even. When the number of the period is odd, x may be decided as follows: _______________________________________________________________________________ 1990 1991 1992 1993 1994 x= 2 1 0 1 2 When the number of the period is even, x may be decided as follow: _______________________________________________________________________________ 79 80 81 82 83 84 85 86 87 88 x= 10 9 8 7 6 5 4 3 2 1 _______________________________________________________________________________ 89 90 91 92 93 94 95 96 97 98 x= +1 +2 +3 +4 +5 +6 +7 +8 +9 +10 The constants a and b may be decided by following formula: 2n xyb nx? ?? ya n?? The data are obtained from accountant statements from 1979 to 1998 of the telemunication bureau (accountant statements from 1979 to 1994 omitted). Cash ine of operation activities of a telemunication bureau: Unit: Thousands of dollars Cash flow 1979 1980 1981 1982 1983 Cash ine of