Online Help, Guidance and Solutions for Virtual University of Pakistan Students
The important to keep in mind while check in differ of income statement and cash flow are below :
Reason why Income statement showing Net Loss and Cash flow showing positive because:
1-Income statement always include non-cash items which will not having any effect on income statement so you can not take and only will mention in cash flow statement.
2- Depreciation is another factor against which company do not write check .
3-Deferred taxes are also non cash item which doest not mentioned in cash flow statement.