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Microlesson · 5-min read

AS 3 – Three Categories of Cash Flow Activities: Overview

## Classification of Cash Flow Activities

Every cash transaction of a business falls into exactly one of three activity categories:

CategoryCore IdeaLinked to (Balance Sheet)
OperatingPrincipal revenue-generating activitiesP&L items, working capital (trade payables, inventory, trade receivables)
InvestingAcquisition and disposal of long-term assets and investmentsFixed Assets side (PPE, Intangibles, long-term investments, loans given)
FinancingChanges in owners' capital and borrowingsLiabilities/Equity side (Share capital, debentures, loans taken)

### Balance Sheet Mapping (Quick Reference)

```

BALANCE SHEET

┌──────────────────────────────────────┐

│ EQUITY & LIABILITIES │ ASSETS │

│ Share Capital →FINAN │ PPE →INVEST │

│ Pref. Shares →FINAN │ Intangibles →INVEST │

│ Debentures →FINAN │ Investments →INVEST │

│ Loans Taken →FINAN │ Loans Given →INVEST │

│ Trade Payables →OPER │ Inventories →OPER │

│ Accrued Exp. →OPER │ Trade Rec. →OPER │

│ │ CCE →(net change) │

│ P&L (Revenue/Expense) → OPERATING │

└──────────────────────────────────────┘

```

### Income and Expense Classification

ItemDefault Classification
Business revenue, operating expensesOperating
Interest expense on borrowingsFinancing
Dividend paid on shares issuedFinancing
Interest income on loans/investments givenInvesting
Dividend income from investmentsInvesting

> Exception for Financial Institutions (Banks): Interest income, interest expense and dividend income are classified as Operating because these are their principal revenue-generating items.

Worked example

### Example 1

Categorise each item: Salaries paid ₹2L → Operating (revenue expense). Purchase of machine ₹10L → Investing (long-term asset). Repayment of bank loan ₹5L → Financing (borrowing). Rent received on investment property ₹50K → Investing (income from investment asset).

### Example 2

Net Cash from each activity: Operating +₹150, Investing -₹50, Financing +₹100 → Net increase in cash = ₹200. Opening cash ₹100 → Closing cash ₹300. Verify: Cash/Bank in balance sheet should show ₹300.

⚠️ Common exam mistakes

  • Classifying interest paid as Operating for a non-financial company — it is Financing (cost of raising funds).
  • Classifying dividend income as Operating for a non-financial company — it is Investing (return on investment).
  • Forgetting that the closing cash balance in the CFS must reconcile to Cash + Cash Equivalents in the Balance Sheet.
Bare-Act text Para 10 – Presentation of a Cash Flow Statement · AS 3 – Cash Flow Statements · click to expand
An enterprise should present its cash flows from operating, investing and financing activities in a manner which is most appropriate to its business.
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