CASH FLOW ANALYSIS AND SECURITY VALUATION OF COCA-COLA AMATIL LTD DescriptionTo evaluate the performance of a firm and its share’s value a financial analyst must be able to analyse the firm’s financial statements. When analysing these statements, the analyst must focus on cash flows of the firm because ultimately it is changes in the cash flows of the firm that determines its value. This is also a market consensus. Hence understanding how and why cash flows change is an indispensable component of security valuation
