Al-Jawahra Group of Companies is one of the most distinguished and reputable business conglomerates in Pakistan....

  

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Al-Jawahra Group of Companies is one of the most distinguished and reputable business conglomerates in Pakistan. The group has had a very strong presence in the corporate society as an integrated, devoted and dedicated body that strives to provide customers with quality products and services. Standing firm with the slogan "Techno trade men with a visionary mission' Al-Jawahra Group of Companies has won itself a very inevitable importance in different industrial and commercial aspects in many parts of the world. Today, automation, which is sought all over the world to maximize profits, is shunned by the Group with the sole purpose of providing jobs to as many as possible. Sharing is a belief of the company. Al-Jawahra Group of Companies has and will always share its wisdom and expertise for further development of international image and the nation's prosperity. The following are the group statements of Al-Jawahra. Al-Jawahra Group Statements of Financial Position as at December 31 Assets Non-Current Assets: Property, plant and equipment (PPE) Goodwill Investment in associate Total non-current assets Current Assets: Inventories Trade receivables Cash and cash equivalents Total current assets Total assets Rs. in million 2016 2017 7,740 180 90 8,010 3,375 3,600 210 7,185 15,195 6,165 195 6,360 3,000 2,250 450 5,700 12,060 Prepare a group statement of cash flows using the indirect method for the Al-Jawahra Group for the year ended December 31, 2017 in accordance with IAS 7-Statement of Cash Flows. Al-Jawahra Group of Companies is one of the most distinguished and reputable business conglomerates in Pakistan. The group has had a very strong presence in the corporate society as an integrated, devoted and dedicated body that strives to provide customers with quality products and services. Standing firm with the slogan "Techno trade men with a visionary mission' Al-Jawahra Group of Companies has won itself a very inevitable importance in different industrial and commercial aspects in many parts of the world. Today, automation, which is sought all over the world to maximize profits, is shunned by the Group with the sole purpose of providing jobs to as many as possible. Sharing is a belief of the company. Al-Jawahra Group of Companies has and will always share its wisdom and expertise for further development of international image and the nation's prosperity. The following are the group statements of Al-Jawahra. Al-Jawahra Group Statements of Financial Position as at December 31 Assets Non-Current Assets: Property, plant and equipment (PPE) Goodwill Investment in associate Total non-current assets Current Assets: Inventories Trade receivables Cash and cash equivalents Total current assets Total assets Rs. in million 2016 2017 7,740 180 90 8,010 3,375 3,600 210 7,185 15,195 6,165 195 6,360 3,000 2,250 450 5,700 12,060 Prepare a group statement of cash flows using the indirect method for the Al-Jawahra Group for the year ended December 31, 2017 in accordance with IAS 7-Statement of Cash Flows.

Answer rating: 100% (QA)

The assets of the corporation are listed in millions of Pakistani rupees in these financial records ... View the full answer