Where can I find the Statement of Cash Flows in the Body Brain Center's financial statements?
Body_Brain_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
We have audited the financial statements of Body and Brain Center, LLC (an Arizona limited liability company and wholly owned subsidiary of Body & Brain Yoga and Health Centers, Inc.), which comprise the balance sheets as of December 31, 2022 and 2021, and the related statement of income, changes in member's equity, and cash flows for the years then ended, and the related notes to the financial statements. In our opinion, the accompanying financial statements present fairly, in all material respects, the financial position of Body and Brain Center, LLC as of December 31, 2022 and 2021, and the results of its operations and its cash flows for the years then ended in accordance with accounts principles generally accepted in the United States of America.
Source: Item 23 — RECEIPT (FDD pages 43–178)
What This Means (2025 FDD)
According to Body Brain Center's 2025 Franchise Disclosure Document, the Statement of Cash Flows is included as part of the company's audited financial statements. The Independent Auditors' Report indicates that the audit conducted by ABC CPAs covers the balance sheets as of December 31, 2022 and 2021, along with the related statement of income, changes in member's equity, and cash flows for the years then ended.
This means that a prospective Body Brain Center franchisee can review the Statement of Cash Flows, which provides insights into the company's cash generation and usage during the specified periods. The report is prepared in accordance with accounting principles generally accepted in the United States of America.
The inclusion of the Statement of Cash Flows in the audited financial statements enhances the transparency and reliability of the financial information provided by Body Brain Center. It allows potential franchisees to assess the company's financial health and stability, which is a crucial factor in making an informed investment decision.
The financial statements, including the Statement of Cash Flows, are located within Item 23 of the FDD, under Receipts. The audit was conducted by ABC CPAs, located in Los Angeles, CA.