If you have been following the posts till now, this post is as simple as it can be! This just releases the complete cash flow statement of Facebook. It is like a guide for you to check your efforts for the past few days. If you have been working hard, I am sure you would enjoy the glory today!
Now that we have the historical financial statements of Facebook (P&L , B/S and CFS) in place, we move forward to model historical drivers. Historical drivers are like crystal balls to predict future. Most of the revenue drivers would be in the form of growth and Costs would be percentages of Revenue. We would give more details in our next blog. In the meanwhile try to build historical drivers on your own!
Pankaj Baheti is a CFA Level III Candidate currently working with Pristine. Prior to Pristine, he was working with Achi Group. He has done his Post Graduate Diploma in Management and loves trekking in the hills of Arunachal.
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