Where is the Statement of Cash Flows located in the Crave Franchising, LLC financial statements?
Crave Franchise · 2025 FDDAnswer from 2025 FDD Document
3 | | Statement of Operations | Page 4 | | Statement of Changes in Equity | Page 5 | | Statement of Cash Flows | Page 6 | | Notes to the Financial Statements | Page 7 |
Report of Independent Auditors
To the Member of Crave Franchising, LLC
Opinion
We have audited the accompanying financial statements of Crave Franchising, LLC, (the Company), a Wyoming limited liability company, which comprise Balance sheet as of December 31, 2024, 2023, and 2022, and the related statement of operations and member's equity and cash flows for the year ended Decembe
Source: Item 23 — RECEIPTS (FDD pages 63–253)
What This Means (2025 FDD)
According to Crave's 2025 Franchise Disclosure Document, the Statement of Cash Flows is included in the financial statements. Specifically, the independent auditor's report indicates that the audited financial statements comprise the balance sheet as of December 31, 2024, 2023, and 2022, the related statement of operations and member's equity, and the statement of cash flows for the year ended December 31, 2024, along with related notes.
Item 23 of the FDD includes Crave's financial statements. The table of contents for these financial statements is not included in the provided excerpts. However, the document does include a direct reference to the "Statements of Cash Flows" for the years ended December 31, 2024, 2023, and 2022.
Therefore, a prospective franchisee can expect to find the Statement of Cash Flows as part of the audited financial statements within Exhibit A of the Crave Franchise Disclosure Document.