Acquisition and construction How to calculate cash flow when disposing of various types of assets

The amount paid by an enterprise for the purchase and construction of fixed assets includes cash and value-added tax paid for the purchase of machinery and equipment, cash paid for construction projects, and wages paid for construction personnel.

Cash paid for the purchase of intangible assets, including the actual cash expenditure of various intangible assets purchased or acquired by the enterprise.

For example, a company buys a house for $23 million, transfers $16.5 million through bank transfer, and uses the company's products to offset the other prices. A batch of building materials was purchased for the factory under construction, with a value of 1.8 million yuan (including VAT), and the price has been paid by bank transfer.

Purchase of a house 16 500 000

Purchase of materials for construction in progress 1 800 000

Cash paid for the acquisition and construction of fixed assets amounted to 18,300,000

The acquisition and construction of fixed assets does not include the rent paid for the lease of fixed assets from financial lease. The rent paid for the lease of fixed assets under financial lease should be reflected in the cash flow of financing activities.

Net cash received from disposal of assets is actually "net cash received from disposal of fixed assets, intangible assets and other long-term assets". This item reflects cash from fixed assets, intangible assets and other long-term assets, net of expenses incurred for the disposal of those assets. The cash received from the disposal of fixed assets, intangible assets and other long-term assets is relatively close in time to the cash paid for disposal activities, and the impact of disposal activities on cash flow can be more accurately reflected in the net amount.

The insurance compensation income received for the scrapping or damage of long-term assets such as fixed assets due to natural disasters and other reasons is also reflected in this item.

For example, a company that does not need equipment receives a price of 300,000 yuan, the original price of the equipment is 400,000 yuan, and depreciation of 150,000 yuan has been provided. Pay the dismantling cost of the equipment 10,000 yuan, the transportation cost of 10,000 yuan, and the equipment has been transported away by the purchasing unit.

**Payments received for fixed assets 300 000

Cover the cost of cleaning up the equipment in the amount of 3,800

**Net cash on fixed assets 296 200

If the net cash received from the disposal of fixed assets, intangible assets and other long-term assets is negative, it should be reflected as a cash outflow item from investing activities and included in "other cash paid in connection with investing activities".

Understanding: Disposal expenses refer to the incremental costs that can be directly attributable to the disposal of assets, including legal fees, relevant taxes, handling costs, and direct expenses incurred to make assets marketable, but excluding financial expenses and income tax expenses. Because when talking about the present value of future cash flows, these two aspects are not included, for example, the discount rate must be the pre-tax discount rate.

At the time of calculation, the two indicators are required to be consistent.

The present value of the cost of the first equipment = 12000 + 6000 (p a, 6%, 3) + 4000 (s a, 6%, 4) = 12000 + 6000*

The remaining is a perpetual annuity of 31,206 every 4 years, with a capital discount rate of 6%*4=24%.

Net cash flow = 5 + 10 + 15 + 20 + 25 + 30 + 35 + 40 + 45 + 50 = (5 + 50) * 10 2 = 2.75 million yuan.

Note: The investment in fixed assets and the interest on capitalization have been recovered in the form of depreciation for 1 million yuan during the 10-year operating period, and the net residual value and working capital investment have been recovered at the end of October.

So it can be done.

100-20*（p/f,10%1)+5*(p/f,10%,2)+5*2*(p/f,10%,3)+5*3*(p/f,10%,4)+.5*10(p/f,10%,11)=

10% annuity coefficient table.

Discount factor for compound interest.