Do the C12 Group financial statements include a statement of cash flows?

According to the 2025 FDD, the C12 Group's financial statements do include a statement of cash flows. The Independent Auditor's Report indicates that the audited financial statements comprise balance sheets, statements of operations, changes in members' equity, and cash flows for the years then ended, along with related notes. This signifies that the C12 Group provides a statement of cash flows as part of its standard financial reporting.

The inclusion of a statement of cash flows is a standard practice in financial reporting, as it provides insights into how C12 Group generates and uses cash. This statement is crucial for prospective franchisees as it helps them understand the company's liquidity and solvency. It offers a view of the actual cash inflows and outflows, which can be different from the reported net income due to non-cash expenses and revenue recognition policies.

Specifically, the auditor's report for the year 2023 mentions that the audit encompassed the balance sheet, statements of operations, changes in members' equity, and cash flows. Similarly, the auditor's report for the years 2024 and 2023 also confirms the inclusion of a cash flow statement. This consistent inclusion across multiple years suggests that C12 Group considers the statement of cash flows an essential component of its financial reporting, providing stakeholders with a comprehensive view of its financial health.