Add Backs From a Private Equity Group’s Perspective Posted on July 10, 2017 by Lamar Stanley Cash flow means different things to different people. Or, put a different way, different entities will use different proxies for cash flow depending on what matters most to them. For an individual who owns a business, cash flow can mean “discretionary earnings” or what the total return of cash and benefits is to the owner. […] Read More… from Add Backs From a Private Equity Group’s Perspective