A STUDY OF VARIOUS ASPECTS OF CASH FLOW STATEMENT OF PHARMACEUTICAL COMPANIES IN INDIA

Abstract

Cash flow statement is known as one of the important financial statement as it helps the investor and analyst in making correct investment decision. Beyond this it is also useful for the management to chalk out the financial plans for the organization. Usually, profit is given more importance which actually derived from the income statement, which is based on the accrual accounting system. Here in this research paper, an attempt has been made to analyse the cash flow statement as well as the income statement of Pharmaceutical enterprises. Pharmaceutical industries are the leading industries which grow substantially over a period of time as it belongs to healthcare sector. Here for the research in total eleven variables are studied and fifteen pharmaceutical companies are taken for the studied purpose. For this studied descriptive statistic method is been used and specifically univariate analysis has been done.