The following information is available for Sioux, a limited liability company: Notes: (i) During the year non-current

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The following information is available for Sioux, a limited liability company:


Notes:

(i) During the year non-current assets which cost £800,000, with a net book value of £350,000, were sold for £500,000.

(ii) The revaluation surplus arose from the revaluation of land that is not being depreciated.

(iii) Additional loan notes were issued on 1 January 2011. Interest is paid halfyearly on 30 June and 31 December.

(iv) £750,000 was paid as dividend. Required: Prepare a Statement of cash flows for the year ended 31 December 2011.

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Financial Accounting An Introduction

ISBN: 9780273737650

2nd Edition

Authors: Mr Barry Elliott, Mr Augustine Benedict

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