I am forcing myself not to skip over the numbers section in an annual report. But as usual, I get bamboozled how to interpret the numbers.
Here is the cash flow section. Can anyone answer the following questions?
Remember, I am not trying to assess this stock, I am using it to get comfortable with this section that is in all annual reports where I can eventually form my own opinion of a given company. Right now I feel that I am too superficial in my analysis.
Based on the numbers, I am interpreting that Visa is not doing well or at least had a bad year (despite that their stock went up nicely in that year). I am not saying that I am an expert. I am trying to form an educated opinion so if I am missing anything please share.
Overall what would be the correct takeaway when seeing such numbers?