SeanWest

was there a question related to adjusted CFO in the official text?

Also, this might be a noob question, but can someone explain to me why the interest expense shows up as something you add back? would interest actually paid in cash show up as a negative on the CF statement?

example of a GAAP CF statement:

NI
+ depreciation expense
- increase in A/R
+ increase in A/P
+ interest expense
- interest paid
+ taxes
- taxes paid
= CFO

example of an IFRS CF statement:
NI
+ depreciation expense
- increase in A/R
+ increase in A/P
+ taxes
- taxes paid
= CFO

is this right? is this how it works? If not what am I missing please?