Cash Flow Statement
Question 1
Using the following information from Vania Ltd, you are required to prepare a statement of cash flow for the year ended 3th December 2019.
Cash inflow of £105,000 from operating activities. The company spends a total £150,000 on non-current asset. Payment of dividends amounts to 30,000. Cash as at January 1st 2019 is 20,000. Cash from borrowing amounts to 100,000.
AssignmentTutorOnline
Note:
|
STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31/12/2019 |
||
| £’000 | £’000 | |
| Net cash inflow from operating activities | X | |
| Cash flow from investing activities | (X) | |
| Net cash inflow from financing activities | X | |
| Net cash inflow during the year | X | |
| Cash at the start of the year | X | |
| Cash at the end of the year | X | |
Question 2
Briefly explain why the following are added back or deducted in the statement of cash flow when using the indirect method:
Depreciation
Disposal of non-current asset
An increase in inventories
An increase in receivables
Payables payments
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