Okay, so in this workout, we're told that Company X has opening shareholder's equity of 15,000. We're told to use the cashflow statement information to calculate the increase in equity, the equity growth rate and the return on opening equity. So let's scroll down the workout and do our calculations. The first thing we want to pick up is the ending shareholder's equity in the previous year which becomes the beginning shareholder's equity in the year in question. Then we want to go and grab the net income, which we'll find at the very top of the cashflow statement. Having picked that up, we're then going to pick up the dividends, which we'll find in the financing section of the cash flow statement. If we sum this up, we can calculate the ending equity. And what we've in fact done is used base analysis here. So we've taken beginning equity, we've added net income, we've subtracted dividends to come to ending shareholder's equity. Now if we scroll down, we can calculate the increase in equity. So if we pick up the ending equity and subtract the beginning equity from that, we can see that the equity is increased by 242.2. Let's try and calculate the growth rate there. So if I grab that increase in equity and divide it by the beginning equity, we can see that it's grown by 1.6%. Now let's calculate the return on opening equity. So if we go and grab the net income, which is the return on equity is generated and divide that by our opening equity of 15,000, then we get 14.8%.