Chemalite Cash Flow - Indirect Method Net Income (A) Add non Cash Expenditure Increase in accounts receivable

Increase in inventories - RM Increase in inventories - FG Prepaid Insurance Patent Tax payable Increase in deferred Income Tax Deprecition Gain on sales of equipment Operating Cash Flow ( B ) Financing Activities Increase in Short term debt Long term Debt Divdends paid Increase long term debt Treasury stock Cash Flow from Financing activities ( C ) Investment Activities Property plant Land Cash Flow from Investment activities ( D ) Cash Flow thought the year (A+B+C+D) -103510 118995 -70030 -20450 -104680 -65000 25000 -950 26730 61625 -24250 -172005

200000 425000 -2000 510000 -26000 1107000

-907500 -250000 -1157500