Instead of paying $100,000 cash for a supply of widgets, the buyer would pay $75,000 or $80,000 cash and the balance in cash equivalent
serve two basic purposes: as a place to store emergency funds to help meet living expenses in the event of a sudden drop in income or to pay for large, unexpected expenses such as a medical or legal bill; and as a parking place for investment money until one is ready to put it into more attractive assets such as stocks, real estate, or long-term bonds.
Some auditors are continuing to allow ARS or VRDN to be classified as a cash equivalent
if the amount is not material to the financial statements.
Moldflow Corporation Unaudited Condensed Consolidated Statement of Cash Flows (in thousands) Three Months Ended Year Ended June 30, June 30, June 30, June 30, 2006 2005 2006 2005 Cash provided by operating activities $ 481 $ 1,252 $ 1,939 $ 6,338 Cash provided by (used in) investing activities (2,001) (523) 1,135 2,991 Cash provided by (used in) financing activities (1,347) 611 647 2,490 Effect of exchange rate changes on cash and cash equivalents
401 (218) (520) 1,104 Net increase (decrease) in cash and cash equivalents
(2,466) 1,122 3,201 12,923 Cash and cash equivalents
, beginning of period 54,577 47,788 48,910 35,987 Cash and cash equivalents
, end of period $52,111 $48,910 $52,111 $48,910
At September 2015 and 2014, cash and cash equivalents
include $11 million and $7 million, respectively, of cash in Venezuela which the Company expects to use over the next quarter as part of the normal operations in that country.
include money market securities, Treasury bills and short-term certificates of deposit.
The proxy for the bond market is the yield to maturity on 20-year bonds, and the proxy for cash equivalents
is the yield on three-month U.
CASH AND CASH EQUIVALENTS -- BEGINNING OF YEAR 40,960 24,511
Investing activities are the acquisition and disposal of long-term assets and other investments that are not included in cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents
The first is when there are exchanges between cash and cash equivalents
USA Technologies reported cash and cash equivalents