Chapter 16Intermediate~9 min

The three cash flows

Operating, investing and financing — and how opening cash reconciles to closing cash.

The cash flow statement tracks real money moving in and out during a period. Unlike profit, which can be recorded before cash arrives, this statement only counts cash when it actually changes hands.

Three buckets of cash

ActivityWhat it coversWhat it usually tells you
OperatingDay-to-day business: cash from customers, paid to suppliers and staffWhether the core business generates cash
InvestingBuying or selling long-term assets and investmentsWhether the company is growing or shrinking
FinancingBorrowing, repaying loans, issuing shares, paying dividendsHow the business is funded

Every cash movement belongs to exactly one of these three groups.

Operating cash flow is the one most people watch first. A healthy business should usually generate positive cash from its daily operations, because that is the money that keeps it alive.

  • Operating: cash collected from customers minus cash paid to suppliers and employees.
  • Investing: cash spent on new machinery or received from selling assets.
  • Financing: cash raised from lenders or shareholders, and cash returned to them.

Reconciling opening to closing cash

The statement is a simple bridge. It starts with the cash the company began the period with, adds the three cash flows, and lands on the cash it holds at the end.

Closing cash = Opening cash + Operating + Investing + Financing cash flows

This closing figure also appears as the cash asset on the balance sheet.

Cash flow explorer

Profit is an opinion; cash is a fact. See how the three cash flow sections combine.

300
120
-50
100
-40
150
Operating activities

+₹300 Cr

Cash from the everyday running of the business — selling goods, paying suppliers and staff.

Investing activities

−₹170 Cr

Cash used to buy or sell long-term assets and investments — like building a factory.

Financing activities

+₹60 Cr

Cash from or returned to lenders and shareholders — debt, equity, dividends.

Opening cash

₹150 Cr

Net change in cash

+₹190 Cr

Closing cash

₹340 Cr

A business can be profitable on paper yet run short of cash — for example if customers pay late, or if it has spent heavily on new equipment. This is why the cash flow statement matters alongside the income statement.
Adjust each activity and watch how the closing cash balance moves.
A strong operating number paired with heavy investing often signals a business expanding. Heavy financing to cover weak operations is usually a warning sign instead.

Key takeaways

  • The cash flow statement tracks real cash over a period.
  • Cash movements are grouped into operating, investing and financing activities.
  • Operating cash flow shows whether the core business generates cash.
  • Closing cash = opening cash + the three cash flows, and it ties to the balance sheet.

Check your understanding

Every answer comes with an explanation — the goal is understanding, not a score.

Question 1 / 30%

A company starts the year with ₹50 crore of cash. Operating cash flow is +₹120 crore, investing is −₹80 crore and financing is +₹30 crore. What is its closing cash?

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