1 answer

The above is the cash flow statement of a bank (operating activity) 1- What does the...

Question:

CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEARS ENDED DECEMBER 31, 2018 AND 2017 2018 SAR 000 2017 SAR 000 Notes 1,110,5

the above is the cash flow statement of a bank (operating activity)

1- What does the negative amount (due from banks and other financial institutions) mean? why is it negative? what does it tell?

2- is there any red flag that can be found from the statement?

CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEARS ENDED DECEMBER 31, 2018 AND 2017 2018 SAR' 000 2017 SAR' 000 Notes 1,110,510 936,167 (43,838) OPERATING ACTIVITIES Net income for the year Adjustments to reconcile net income to net cash from / (used in) operating activities: Gains on FVTPL investments, net Gains on disposal of non-trading investments, net Gains from disposal of property and equipment, net Depreciation Impairment charge for credit and other financial assets, net Profit on sukuk Employees' share plan Operating profit before changes in operating assets and liabilities (214) 108,092 490,453 86,780 15,280 1,767,063 (7,820) (1,359) 105,218 378,625 77,662 8,547 1,497,040 (416,044) (323,044) (452,790) (314,249) Net (increase) / decrease in operating assets: Statutory deposit with SAMA Due from banks and other financial institutions maturing after ninety days from the date of acquisition Commodity murabaha with SAMA maturing after ninety days from the date of acquisition Financing Other assets 298,314 (7,694,591) (308,557) (148,228) (7,647,423) (142,248) Net increase / (decrease) in operating liabilities: Due to SAMA Due to banks and other financial institutions Customers' deposits Other liabilities Net cash generated from operating activities (2,012,518) 1,351,854 9,392,635 1,253,112 3,178,478 6,304 752,546 7,548,244 699,556 1,928,498

Answers

.

Similar Solved Questions

1 answer
Item 9 Part A What is the shape of IC14? Match the items in the left...
Item 9 Part A What is the shape of IC14? Match the items in the left column to the appropriate blanks in the sentences on the right. Reset Help ICH has charge clouds that imply charge cloud arrangement. Among the charge clouds, there are bonding pairs and lone pairs giving molecular geometry. || | |...
1 answer
A solid sphere of mass 4.00kg rolls up an incline with an inclination angle of 19.40�....
A solid sphere of mass 4.00kg rolls up an incline with an inclination angle of 19.40�. At the bottom of the incline, the center of mass of the sphere has a translational speed of 2.94 m/s. a) What is in J, the linear kinetic energy of the sphere at the bottom of the incline? b) What is in J, ...
1 answer
Written please Dandy Desks Company manufactures two products: a standing desk and a portable desk. The...
Written please Dandy Desks Company manufactures two products: a standing desk and a portable desk. The portable desks are more complex of the two products, and they require more direct labor time and more machine time per unit than the standing desk. Activity Pool Overhead Costs Total Driver Usage...
1 answer
6. Consider the vector field F = (x + sin y) î + y²z + x2...
6. Consider the vector field F = (x + sin y) î + y²z + x2 î. (a) Compute the divergence of for the point (2, -3,1). (7 points) (b) Consider F as the velocity field for fluid flow. Imagine a small drop of dye placed at the point (2, -3,1). Describe how the volume of the drop will cha...
1 answer
What phase of mitosis follows anaphase?
What phase of mitosis follows anaphase?...
1 answer
110 pts The system below consists of a collar, which slides along a stationary rod and...
110 pts The system below consists of a collar, which slides along a stationary rod and remains in contact with another thin rod that is pin-connected to the ground. The collar does not rotate about the rod; its extension always remains vertical so as to stay in contact with the other rod. Find the a...
1 answer
Kindly provide calculation and show each step. Thanks (a) Given the signal x(t) in Figure 2,...
Kindly provide calculation and show each step. Thanks (a) Given the signal x(t) in Figure 2, sketch the signal for: xit) 12 10 - 2- 0.2 0.4 0.6 2 14 1.6 1.8 2 0.8 Figure 2 i. x(t+2) [4 Marks] ii. x(t/3) [4 Marks] iii. x(2t) [4 Marks] iv. -X(t) [4 Marks] (b) Given the signal x(t) in Figure 3, sketch...
1 answer
Management accountants spend more time​ planning, analyzing and interpreting accounting data and less time recording​ routine,...
Management accountants spend more time​ planning, analyzing and interpreting accounting data and less time recording​ routine, every day accounting work. True False...
1 answer
The electric field of a positive z-traveling wave in a medium with relative dielectric constant of...
The electric field of a positive z-traveling wave in a medium with relative dielectric constant of er 4 and with frequency of 2.5 GHz is given by Ex Eox cos(ot - kz) V/m. 1. a. Find the magnetic field if Eox 400,000 V/m. b. Determine the phase velocity and wavelength....
1 answer
To estimate the parameters of this cost function, the accountant first studied the behavior of last...
To estimate the parameters of this cost function, the accountant first studied the behavior of last month's costs, when the company spent 318 service hours repairing 45 computer systems. Here are the results of her analysis: Cost Item Fixed Cost Variable Cost   Utilities $229...
1 answer
What are the twelve steps in the scientific method
What are the twelve steps in the scientific method?...
1 answer
The assignment is to write 2+ pages (APA format - Times New Roman, 12 point font,...
The assignment is to write 2+ pages (APA format - Times New Roman, 12 point font, double spaced) and thoroughly explain your answer to the following: 1. Tell us about a time where you challenged your pre-existing worldview. Why? Would you do this again? In this essay, choose a time that you were abl...
1 answer
Where do the number of units come from in method C? Suppose FastShip purchased equipment on...
Where do the number of units come from in method C? Suppose FastShip purchased equipment on January 1, 2018, for $48,000. The expected useful life of the equipment is 10 years or 56,250 units of production, and its residual value is $3,000. Under three depreciation methods, the annual depreciation e...
1 answer
Find 11, 12 and V1 in the following circuit: 422 613 32
Find 11, 12 and V1 in the following circuit: 422 613 32...
1 answer
TAKES 5 MINUTES! thermal!
If the average gauge pressure in the vein is 1.26 103 Pa, what must be the minimum height h of the bag in order to infuse glucose into the vein? Assume the specificgravity of the solution is 1.01....
1 answer
Your financial planner offers you two different investment plans. Plan X is a $14,000 annual perpetuity...
Your financial planner offers you two different investment plans. Plan X is a $14,000 annual perpetuity Plan Y is a 13-year, $20,000 annual annuity. Both plans will make their first payment one year from today At what discount rate would you be indifferent between these two plans? (Do not round inte...
1 answer
Please provide full answer with following answer format evenue from its long-term contracts 2017, the company...
please provide full answer with following answer format evenue from its long-term contracts 2017, the company signed a contract to Question 3 Free Form Builders Inc., a construction company, recognizes revenue from its long-ter using the percentage-of-completion method. On March 29, 2017, the co...
1 answer
I need (d) and (e) Hart Manufacturing makes three products. Each product requires manufacturing operations in...
I need (d) and (e) Hart Manufacturing makes three products. Each product requires manufacturing operations in three departments: A, B, and C. The labor-hour requirements, by department, are as follows. Department Product 1 Product 2 Product 3 А. 1.50 3.00 2.00 B 2.00 1.00 2.50 c 0.25 0.25 0.2...