Optimus Ltd provided you with the following statement of profit and loss and extracts from the...

 

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Optimus Ltd provided you with the following statement of profit and loss and extracts from the financial position. Statement of profit or loss for the year ended 30 June 2023 Sales Cost of sales Gross profit Add other income Dividend income '$000 58,445 36,305 22,140 350 Total operating income Less expenses Depreciation Loss on sale of property, plant and equipment Interest expense Salaries Other expenses Operating profit Less income tax expenses Profit after tax Extracts from the financial position Inventories Trade receivables Trade payables 22,490 (3,625) (5,105) (250) (1,325) (425) 11,760 (4,000) 7,760 2023 ($000) 2022 ($000) 6,345 4,325 8,735 5,375 5,800 4,700 4,100 3,800 Current taxation Required: Prepare a statement of the net cash flow from operating activities for the year ended 30 June 2023 under the direct method. Optimus Ltd provided you with the following statement of profit and loss and extracts from the financial position. Statement of profit or loss for the year ended 30 June 2023 Sales Cost of sales Gross profit Add other income Dividend income '$000 58,445 36,305 22,140 350 Total operating income Less expenses Depreciation Loss on sale of property, plant and equipment Interest expense Salaries Other expenses Operating profit Less income tax expenses Profit after tax Extracts from the financial position Inventories Trade receivables Trade payables 22,490 (3,625) (5,105) (250) (1,325) (425) 11,760 (4,000) 7,760 2023 ($000) 2022 ($000) 6,345 4,325 8,735 5,375 5,800 4,700 4,100 3,800 Current taxation Required: Prepare a statement of the net cash flow from operating activities for the year ended 30 June 2023 under the direct method.