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adq123 Wrote:
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> Purchase of Held for trading is a CFO.. So im
> guessing its
>
>
> 100+2-10 = 92


Ya, what was confusing me was that 'purchase of held for trading' is neither non cash nor non operating so was wondering why NI has to be adjusted. But figured that it doesn't appear in Income statement while it is considered in CFO hence needs to be adjusted (I think... saw it in my own notes so its just my guess)... What say?

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