Cash Flow 101 202 Excel Spreadsheets

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The Original Cashflow 101 and 202 Spreadsheets Cashflow 101 and 202 are great games that require calculations, double checks and a big eraser. With these Excel spreadsheets.

Consolidated income statement SEKm Note 2017 2016 2015 2014 Net sales B1 109,265 101,238 98,519 87,997 Cost of goods sold B2 -76,899 -72,438 -71,898 -64,081 Items affecting comparability B2 -509 -532 -267 -441 Gross profit 31,857 28,268 26,354 23,475 Sales and administration expenses etc. Consolidated operating cash flow statement SEKm Note 2017 2016 2015 2014 Net sales 109,265 101,238 98,519 87,997 Operating expenses -90,867 -84,498 -83,483 -74,466 Operating surplus 18,398 16,740 15,036 13,531 Adjustment for non-cash items 67 19 15 -10 Operating cash surplus 18,465 16,759 15,051 13,521 Change in Inventories -1,703 1,059 -1,407 -120 Operating receivables 1,522 -298 -1,029 -158 Operating liabilities -559 835 1,919 131 Change in working capital -740 1,596 -517 -147 Current capital expenditures, net -3,911 -4,222 -3,293 -2,861 Restructuring costs, etc.

A key component of financial sustainability is the commitment of board and staff to financial management that includes timely review of financial reports and advance planning. One way that board and staff plan for income and expenses in the future is by creating a budget. Approval of the annual budget is one of the fundamental building blocks of sound financial management.

Creating the annual budget is initially staff’s responsibility, but board members (usually those on the “finance committee” and/or “executive committee”) often review the proposed budget and the full board usually adopts the budget at a full board meeting. The approved budget then serves as a guide for financial activity in the months ahead. Budgets should not be “written in stone” because the financial position of the nonprofit may change during the year. A budget is a guide that can help a nonprofit plan for the future as well as assess its current financial health. It is quite common to periodically review the budget as well as compare it to the actual cash flow and expenses, to determine whether they are playing out as expected during the course of the year.

It may be necessary to amend the budget during the year. It is likely that the nonprofit's budget will be referred to many times throughout the year - by staff and board members who play different roles within a nonprofit. Budgets may even be requested by parties involved in financial transactions with the nonprofits, such as banks, or by donors/grantmakers considering a gift to the nonprofit.

If and when you share the organization's budget outside the organization, make sure to stress that the budget is reviewed periodically throughout the year and revised as needed - not set in stone. Sometimes when people ask for the nonprofit's 'budget' what they are seeking can be satisfied by sharing a copy of the most recently filed IRS Form 990 that shows a nonprofit's operating expenses and revenue during a fiscal year.

Mythbuster Board members and staff who are new to the charitable nonprofit context may wonder, ' Does a nonprofit’s budget have to break-even?' 'Can there be a profit?' • The article, (Blue Avocado) covers everything budgets: surplus budgets, break-even budgets, deficit budgets, and the misconception that a nonprofit’s budget has to balance at the end of the year.

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