The cash flow statement focuses on the movement of cash in and out of your business over a period. It categorizes this movement into three main activities: operating (day-to-day business), investing (buying or selling assets), and financing (borrowing or repaying money). The income statement, on the other hand, summarizes your revenue and expenses to show your net profit or loss over a period. Finally, the balance sheet provides a snapshot of your company's financial health at a specific point in time, showing what you own (assets), what you owe (liabilities), and what's left over (equity). All three statements work together to give you a complete picture of your company's financial health.