请教 Financial statement analysis notes 中 reading36 Capitalization decision

P165 中第一行 说 because a firm that capitalizes outlays calssifies those expenditures as investing cash flows,cash flow from operatoins will be higher and investing cash flow will be lower than that of a firm that expense.

这里说的operation calsh flow 和 investing cash flow 指的是inflow 还是outflow?

既然将支出资本化，那么投资支出增加，investing cash flow 应该增加才对怎么减少了呢？

Outlays 的减少导致net income的增加，所以operational cash flow增加，这样理解对么？

实在搞不明白？