GR is usually added in CFS and where did the appropriation concept come from?
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for this specific calculation (before tax and rxtraordinary items), we do not add back depreciation. Depreciation is a non-cash item adjusted in the next step of the cash flow statement to arrive at operating profit before working capital changes.
check the format once.
i know that im talking about general reserve not being added
yeah got it,
it seems they are taking GR as an appriopriation not an expense
only expense are deducted from net profit after to get net profit before tax
if GR is taken as expense (which is generally not) then it we will added