Cash Flow From Assets

Cash Flow From Assets =

(Cash Flow to Creditors+ Cash Flow to Stockholders)

Cash Flow To Stockholders =

(Dividends - Net new borrowings from Owners)

Operating Cash Flow =

(EBIT+depreciation - taxes)

Net Capital Spending =

(Ending Net Fixed Assets- Beginning Net fixed Assets)+Depreciation

Cash Flow To Creditors =

(Interest Expense - Net New Borrowings from Creditors)

Cash Flow From Assets =

(Operating Cash Flow- Net Capital Spending- Change in Net Working Capital)

Net Working Capital =

Current Assets- Current Liabilities

Change In Net Working Capital =

Ending Net working capital - Beginning Net working Capital