A projected cash flow statement is a financial document that estimates the cash inflows and outflows for a specific period, typically over a year. This statement helps businesses understand their liquidity position and make informed financial decisions.
A cash flow statement generally consists of three main sections:
Let’s consider a hypothetical company, ABC Widgets, which manufactures and sells widgets. Here’s how to build a projected cash flow statement for the upcoming year.
Sales Revenue: ABC Widgets anticipates selling 10,000 widgets at $50 each.
Other Income: The company expects to earn interest income of $5,000 from its savings account.
Operating Expenses: ABC Widgets estimates the following monthly expenses:
Total Monthly Operating Expenses: \(2,000 + \)8,000 + \(1,000 + \)15,000 = $26,000
Investing Activities: ABC Widgets plans to purchase new machinery for $100,000.
Financing Activities: The company expects to take out a loan of $50,000 to fund its operations.
With the inflows and outflows estimated, we can compile the projected cash flow statement:
Cash Flow Statement for ABC Widgets | Amount |
---|---|
Cash Inflows | |
Sales Revenue | $500,000 |
Interest Income | $5,000 |
Total Cash Inflows | $505,000 |
Cash Outflows | |
Operating Expenses | $312,000 |
Purchase of Machinery | $100,000 |
Loan Repayment | $50,000 |
Total Cash Outflows | $462,000 |
Net Cash Flow | $43,000 |
Building a projected cash flow statement is essential for any business looking to manage its finances effectively. By estimating both cash inflows and outflows, companies like ABC Widgets can gain invaluable insights into their liquidity and make informed decisions for future growth.