In one function control flow is so simple we don't think about it. It's sequence. In 100 functions either each call the next one (and even if the 100 functions are placed in calling order I cannot assume that when reading the code - I must do 100 ctrl+clicks to see the control flow), or there's another function calling all of them (but what's the point - we still have 100-line function that way), or there's some more complicated calling sequence and I have to draw it somewhere to understand it (sorry, can't keep 100 things in my head at once).
To understand the code I have to follow the control flow through these 100 function. I don't think any 100 lines of code in one function can be harder to read than that.