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<h1>IAS 7: Require statement of cash flows showing operating, investing, financing activities and disclosures on cash equivalents and non-cash transactions</h1> This Standard requires entities to present a statement of cash flows as part of financial statements to show historical changes in cash and cash equivalents, classified into operating, investing and financing activities, with cash equivalents being short-term, highly liquid investments. It prescribes direct or indirect reporting of operating cash flows, treatment of foreign currency, interest, dividends and tax cash flows, and separate disclosure of major cash receipts/payments, non-cash transactions, changes in liabilities from financing activities, components of cash and cash equivalents, restrictions on balances and disclosures for supplier finance arrangements.