A statement of cash flows provides the primary users of financial reports with a basis to assess the ability of the insurance enterprise to generate cash and cash equivalents and the needs of the insurance enterprise to utilize those cash flows. Namely, it presents, through inflows and outflows of cash and cash equivalents, a summary report on the insurance enterprise’s operating, investing, and financing activities during the period. The presentation and disclosure of cash flow information shall be made in accordance with IAS 7.