The following are the financial statements for Nailsea plc for the years ended 30 June 2021 and 2022:

Required:
Prepare a statement of cash flows for Nailsea plc for the year ended 30 June 2022.

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Income statement for years ended 30 June Revenue Operating expenses Depreciation Operating profit 2021 2022 Em Em 1,230 2,280 (722) (1,618) (270) (320) 238 342 Interest payable (27) Profit before taxation Taxation Profit for the period 238 315 (110) (140) 128 175 Statements of financial position as at 30 June 2021 Em 2022 Em ASSETS Non-current assets Property, plant and equipment (at carrying amount) Land and buildings Plant and machinery Current assets Inventories Trade receivables Bank Total assets EQUITY AND LIABILITIES Equity Share capital (fully paid 1 shares) Share premium account Retained earnings Non-current liabilities Borrowings - 9% loan notes (repayable 2028) Borrowings (all bank overdraft) Trade payables Taxation 1,900 740 2,640 450 250 118 818 3,458 1,600 300 958 2,858 300 230 70 300 3,458 Total equity and liabilities There were no disposals of non-current assets in either year. Dividends were paid in 2021 and 2022 of 40 million and 45 million, respectively.