 Hello in this lecture we will define financing activities according to fundamental accounting principles while the 22nd edition the definition of financing activities is transactions with owners and creditors that include obtaining cash from issuing debt repaying amounts borrowed and obtaining cash from or distributing cash to owners. We're considering financing activities in this case in the context of a statement of cash flows, a statement of cash flows having three parts of those parts being cash flows from operating activities, cash flows from investing activities, cash flows from financing activities. This is going to be an example of a worksheet of a statement of cash flows. We are focusing here on the cash flows from financing activities. When we think about the statement of cash flows, we often concentrate up here on the cash flows from operating activities because that's going to be the largest part and it's going to be the operating parts.