17 — Cash flow statement
The cash flows of the period are presented in the cash flow statement within three activities: operating, investing and financing activities:
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Operating activities |
Operating activities are the principal revenue-producing activities of the entity and other activities that are not investing or financing activities.
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Investing activities |
Investing activities are the acquisition and disposal of long-term assets and other investments not included in cash equivalents. When a subsidiary is acquired, a separate item, corresponding to the consideration paid net of cash and cash equivalents held by the subsidiary at the date of acquisition, provides the cash impact of the acquisition.
Investments in multi-client surveys are presented net of depreciation and amortization capitalized in multi-client surveys, in order to reflect actual cash outflows. Depreciation and amortization capitalized in multi-client surveys are also restated in operating activities.
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Financing activities |
Financing activities are activities that result in changes in the size and composition of the contributed equity and borrowings of the entity.
They include the cash impact of financial expenses.
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Cash and cash equivalents |
Cash and cash equivalents in the consolidated statement of financial position comprise cash at banks and on hand and short-term deposits with a maturity of three months or less that are readily convertible to known amounts of cash