Hi
I have a retranslation of the net assets from USD to GBP of (£20k), on the face of the P&L this is showing under net assets. Now when I come to balance my cash flow I need to include this entry somwhere, even though (a) it's below net assets in the P&L & (b) it's not a cash flow. Please help? TMany thanks
Replies (3)
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Can you explain what you want more clearly please? In particular your statement that something is showing under net assets on the face of the P & L does not make much sense.
Reconciliation of operating profit to net cash inflow
I assume you mean an exceptional income or expense?
If so it should be adjusted in the Reconciliation of operating profit to net cash inflow from operations.