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2020 2019 2018   $,000 $,000 $,000 EBIT -741,819 734,312 1,038,864 Depreciation 606,975 485,625 467,050 Tax 129,735 196,548 208,948 Operating Cash Flow -264,579 1,023,389 1,296,966         New fixed assets 14,836,508 14,884,523 14,986,813 Old fixed assets 14,884,523 14,986,813 14,236,644 Depreciation 606,975 485,625 467,050 Net Capital Spending 558,960 383,335 1,217,219         New current assets 10,347,686 6,922,405 6,504,962 Old current assets 6,922,405 6,504,962 7,898,431 New current liability 4,964,164 2,913,926 3,120,099 Old current liabilaty 2,913,926 3,120,099 3,485,129 Change in Net Working Capital  1,375,043 623,616 -1,028,439         Cash Flow From Assets -2,198,582 16,438 1,108,186 Briefly comment the free cash flow of this company

2020 2019 2018   $,000 $,000 $,000 EBIT -741,819 734,312 1,038,864 Depreciation 606,975 485,625 467,050 Tax 129,735 196,548 208,948 Operating Cash Flow -264,579 1,023,389 1,296,966         New fixed assets 14,836,508 14,884,523 14,986,813 Old fixed assets 14,884,523 14,986,813 14,236,644 Depreciation 606,975 485,625 467,050 Net Capital Spending 558,960 383,335 1,217,219         New current assets 10,347,686 6,922,405 6,504,962 Old current assets 6,922,405 6,504,962 7,898,431 New current liability 4,964,164 2,913,926 3,120,099 Old current liabilaty 2,913,926 3,120,099 3,485,129 Change in Net Working Capital  1,375,043 623,616 -1,028,439         Cash Flow From Assets -2,198,582 16,438 1,108,186 Briefly comment the free cash flow of this company

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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  2020 2019 2018
  $,000 $,000 $,000
EBIT -741,819 734,312 1,038,864
Depreciation 606,975 485,625 467,050
Tax 129,735
196,548
 208,948
Operating Cash Flow -264,579 1,023,389 1,296,966
       
New fixed assets
14,836,508
14,884,523
14,986,813
Old fixed assets
14,884,523
14,986,813
14,236,644
Depreciation 606,975 485,625 467,050
Net Capital Spending 558,960 383,335 1,217,219
       
New current assets
10,347,686
6,922,405
6,504,962
Old current assets
6,922,405
6,504,962
 7,898,431
New current liability
4,964,164
2,913,926
3,120,099
Old current liabilaty 2,913,926
3,120,099
 3,485,129
Change in Net Working Capital  1,375,043 623,616 -1,028,439
       
Cash Flow From Assets -2,198,582 16,438 1,108,186

Briefly comment the free cash flow of this company

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