Sample Statement of Cash Flows under the Direct Method

(Name of Entity)
Statement of Cash Flows
For the Year Ended December 31, 20CY

Cash Flows from Operating Activities

Cash sale of services P xxx
Collection from customers xxx
Interest income received xxx
Payment to trade credits (accounts and notes payables) (xxx)
Payment of operating expenses (xxx)
Payment of income taxes (xxx)
Payment of interest expense (xxx)
Net cash provided by operating activities P xxx
Cash Flows from Investing Activities
Sale of fixed assets P xxx
Purchase of fixed assets (xxx)
Net cash used in investing activities (xxx)
Cash Flows from Financing Activities
Proceeds from short- and long-term loans P xxx
Cash investment of owner xxx
Cash withdrawal of owner (xxx)
Payment of principal - short/long-term notes for loans (xxx)
Net cash provided by financing activities xxx
Net increase/(decrease) in cash P xxx
Cash Balance, beginning xxx
Cash Balance, end P xxx