Cash flow that enters or leaves a company, or that is associated with an investment project of the same. The amount is obtained by adding the depreciations practiced in that period to the net profit obtained in the same. It is an important indicator to measure the liquidity of a company in a certain period. It distinguishes different components depending on the type of origin and application of funds, such as operating cash flow, financing cash flow, and shareholder cash flow. Operating cash flow is generated by the ordinary business operations of a company and is prior to debt repayments, debt interest payments, extraordinary items, and remuneration of own capital. In contrast, shareholder cash flow is the cash flow generated by a company that is available to remunerate shareholders, once all prior expenses and obligations have been satisfied. This flow for the shareholder is materialized in dividends, the remainder, share buybacks, and the increase in treasury surpluses. It is obtained from the free cash flow after paying the debt service without considering the tax impact in corporate income tax of debt interests and extraordinary payments.
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