The cash flow of entrusted loans of guarantee companies should be included in the cash flow statement of operating activities and the cash flow statement of investment activities respectively. Specifically, the entrusted loans received by guarantee companies should be included in the "Subtotal of Cash Inflow from Financing Activities" in the cash flow statement of investment activities, and the entrusted loans repaid by guarantee companies should be included in the "Subtotal of Cash Outflow from Financing Activities" in the cash flow statement of operating activities.
Can financing guarantee companies do entrusted loan business?
A financing guarantee company shall not engage in entrusted loan business.
Interim Measures for the Administration of Financing Guarantee Companies Article 21 A financing guarantee company shall not engage in the following activities:
(1) Deposit absorption.
(2) issuing loans.
(3) entrusted to issue loans.
(4) Entrusted investment.
(five) other activities prohibited by the regulatory authorities.
If a financing guarantee company engages in illegal fund-raising activities, it shall be investigated and dealt with by the relevant departments according to law.
Extended data
Interim Measures for the Administration of Financing Guarantee Companies
Article 9 The establishment of a financing guarantee company shall meet the following conditions:
(1) Having articles of association that conform to the provisions of the Company Law of People's Republic of China (PRC).
(2) There are shareholders who can contribute continuously.
(3) Having registered capital that meets the requirements of these Measures.
(4) Having qualified directors, supervisors, senior managers and qualified employees.
(5) Having a sound organizational structure, internal control and risk management system.
(6) Having a business place that meets the requirements.
(seven) other prudential conditions stipulated by the regulatory authorities.
Measures for the qualification management of directors, supervisors, senior managers and employees shall be formulated separately by the inter-ministerial joint meeting of financing guarantee business supervision.