CSR Limited: An Analysis of Cash Flow, Income Tax and Financials

This report provides a detailed financial analysis of CSR Limited, focusing on its cash flow statement, other comprehensive income statement, and accounting for corporate income tax. The analysis includes a critical evaluation of cash flows from operations, investing activities, and financing activities, comparing the years 2016 and 2017. The report also examines the components of the other comprehensive income statement, such as foreign currency translation reserve, cash flow hedge reserve, and income tax benefits. Furthermore, the report delves into CSR Limited's corporate income tax accounting, including deferred tax assets and liabilities, current tax assets, and liabilities. The analysis highlights the variations between disclosed income tax expense and the actual incurred expense, offering insights into the company's financial performance and accounting practices. The report references various academic sources to support its analysis.