The statement of cash flows for Digital Business Ltd follows.

Required

(a) Explain the information that would be presented in Note 20 of Digital Business Ltd’s financial statements.

(b) Explain the information that would be presented in Note 10 of Digital Business Ltd’s financial statements.

(c) Discuss how it would be possible to research whether the direct or indirect method of presenting cash flows from operating activities is more useful to investors.

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DIGITAL BUSINESS LTD Statement of cash flows for the year ended 30 June 2024 Cash flows from operating activities Receipts from customers Payments to suppliers and employees Interest received Interest paid Income taxes paid Net cash inflow from operating activities Cash flows from investing activities Payment for purchase of associates Payments for property, plant and equipment Payments for domain names Net outstanding receipts (payment) Payments for computer software Proceeds from disposal of assets Payment for investment in joint venture Net cash (outflow) from investing activities Cash flows from financing activities Proceeds from issues of shares and other equity securities Proceeds from borrowings Payments for shares bought back Dividends paid to company shareholders Net cash (outflow) from financing activities Net (decrease) increase in cash and cash equivalents Cash and cash equivalents at the beginning of the financial year Cash and cash equivalents at end of year Notes 2024 $'000 2023 $'000 20 20 234 760 196870 (110837) 1343 (94261) 1322 (5) (31) (34510) (29 688) 90751 74212 2427 (1555) (104 169) (5349) (1268) (13) (23) (2500) (235) 13 11 (250) (104815) (8096) 8355 55000 3013 (9999) 21 (75 086) (51035) (11731) (58021) (25 795) 8095 10 10 40935 15140 32 840 40935