ABC Ltd gives you the following information. You are required to prepare a Cash Flow Statement by using Indirect Method as per AS-3 for the year that ended on 31 March 2004:

Balance Sheets as on____________

Liabilities	31 March 2003 Rs.	31 March 2004 Rs.	Assets	31 March 2003 Rs.	31 March 2004 Rs.
Capital	50,00,000	50,00,000	Plant & Machinery	27,30,000	40,70,000
Retained Earnings	26,50,000	36,90,000	Less: Depreciation	6,10,000	7,90,000
Debentures		9,00,000		21,20,000	32,80,000
Current Liabilities:			Current Assets:
Creditors	8,80,000	8,20,000	Debtors	23,90,000	28,30,000
Bank Loan	1,50,000	3,00,000	Less: Provision	1,50,000	1,90,000
Liability for	3,30,000	2,70,000		22,40,000	26,40,000
Expenses
Dividend Payable	1,50,000	3,00,000	Cash	15,20,000	18,20,000
			Marketable Securities	11,80,000	15,00,000
			Inventories	20,10,000	19,20,000
			Prepaid Expenses	90,000	1,20,000
	91,60,000	1,12,80,000		91,60,000	1,12,80,000

Additional Information:

1. Net Profit for the year that ended on 31 March 2004, after charging depreciation, is Rs. 22,40,000.
2. Debtors worth Rs. 2,30,000 were determined to be worthless and were written off against provision for doubtful debt account during the year.
3. ABC Ltd declared a dividend of Rs. 12,00,000 for the year 200304.

Answer rating: 100% (QA)

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