Goal: Figure out why Change In Cash and Cash Equivalents on the cash flow statement does not equal change in Cash And Cash Equivalents on the balance sheet.
Stock: DEO Period Ending: 6/30/2016 Period: Annual
From Cash Flow Statement:
Change In Cash and Cash Equivalents: 459,000
From Balance Sheet:
6/30/2015 Cash And Cash Equivalents: 742,000
6/30/2016 Cash And Cash Equivalents: 1,456,000
Different YOY is 1,456,000 - 742,000 = 714,000
I would expect YOY difference on the balance sheet to equal the 459,000 on the cash flow statement. Can anyone explain the disparity.