2017 Cash Flow Statement

I’ve been reading quite a few annual reports this year and I’ve decided why not put my personal expenses into a cash flow statement. I think now my brain is by default suited to read the language of money as Assets VS Liabilities, Revenue VS Gross Income VS Net Income and Operating/Investing/Financing activities. In fact, I just remembered that I was supposed to continue analyzing Christopher’s Chicken Rice stall and I left out the cash flow statement of his business!

Not cool, Miss Niao. Not cool.

Okay, I’ll make it up for it by blogging about my own cash flow statement then. I’ll reveal some numbers that are kinda satisfying and then if you’re interested enough, you can also try this activity out yourself. It’s almost like taking yourself as a business. Helps with knowing whether a business is awesome or not.

Also, I’ll only consider my expenses for the last quarter of 2017 (October to December), since I’ve only started tracking my expenses in detail from September.

Let’s get started.

Operating Activities

Earnings  $  12,170.00 Take home pay + other income sources
Family  $   (1,317.12) Mum, household stuff
Food  $      (929.49)
Travel (e.g. transportation)  $      (332.20) Ez-link
Vacation  $      (279.81) Weekend trip with BF
Entertainment  $      (307.75) Movies, shopping, weddings, etc

Net cash flow for operating activities: $ 9003.63

Investing Activities

Capital expenditure  $      (185.00) New phone
Investments  $   (5,003.56) Indofood Agri

Net cash flow for investing activities: $ (5,188.56)

Financing Activities

Dividends received  $      165.02
Interest received  $      112.93

Net cash flow for financing activities: $ 277.95

Net increase (decrease) in cash and cash equivalents: $4,093.03

As you can see, I’m in net cash position of about $4,093.03. Which means on average, I have saved some $1,364.34 per month. If I annualize that, it amounts to $16,372.12. Bump up in warchest!

I have sinned. I’ve haven’t been living all that frugally. In fact, I eat in restaurants at least once a week and I even went for a weekend trip with boyfriend.

Of course, these figures do not truly reflect my increase in net worth as some of my cash flow has went to investment activities. Net income is calculated after deducting income tax (which would usually be reported in the Income Statement and not cash flow) and CPF contributions. Dividends received are also only for my stock holdings and not including the distributions from the REITs that boyfriend holds.

I contribute much of my expenses to my family including some new household items that my mum has requested for me to purchase for her (like a new refrigerator and wardrobe T_T). Under goodwill, those requests have to come out of my own pocket and I’ve categorized everything family related to “Family” expenses. Total amount leads up to almost 42% of my daily expenses.

I’ve also bought a new phone in December which costed me $185. Just for fun, I’ve placed it under Cap Ex because it’s kinda like an expense that I’ve used to upgrade my standard of living. (If you need a good bargain for a new phone, drop me an email and I’ll introduce you mine).

Something interesting that caught my awareness while writing this post was the $112.93 that I’ve earned from my bank account interests and credit card rebates. I don’t earn all that much from this source of income as I don’t have much cash in my bank accounts and I barely hit the minimum spending on my cards every month. For this year, I had to call OCBC personally to waive my credit card charges because I didn’t hit the minimum limit to get free waiver >_<. Oh well, I guess that’s a good problem to have.

I am considering spending even lesser on myself in 2018 since I probably wouldn’t need a new phone for at least 2 years and I am planning on buying less clothes unless they are really like on massive sale or I’m overseas. *cross fingers* And also a pending increment next year would help me to increase my income slightly.

Hope 2017 was a great financial year for you too! 🙂

Miss Niao.

Author: Miss Niao

Hello! I blog about financial matters and things that average people can do to have a better retirement. I want to inspire people to take control of their money and have a better understanding about it. If you are interested to know more, follow me @ missniao.wordpress.com! :)

5 thoughts on “2017 Cash Flow Statement”

  1. Haha. The cash flow statement of yourself is interesting but I think you need to give yourself more credit. You took your investment as an expense and arrive at your savings per month.

    I would look at it as (4,093.03 + 5,003.56) / 3 = $3032.19 savings per month 🙂

    Liked by 1 person

    1. KPO,
      That $5k amount will be somewhere else allocated to my net worth in portfolio category. In the cash flow statement of annual reports, they have to report this amount as “Investing activities” but maybe Assets in Balance sheet will get a bump up 🙂


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