The following are the summarized accounts of Events Tourism Ltd. a company specializing in operating hospitality, tourism and leisure events.
	Statement of Comprehensive Income
			31 December		31 December
			2013		2012
			$ ('000)		$ ('000)
	Revenue		17,800		18,700
	Operating expenses		11,200		13,100
	Operating profit		6,600		5,600
	Interest		1,200		1,200
	Net profit before tax		5,400		4,400
	Corporation tax		750		600
	Net profit after tax		4,650		3,800
	Dividends: Preference	300		300
	Ordinary	700	1,000	600	900

Statement of Financial Position
		31 December		31 December
		2013		2012
Assets		$ ('000)		$ ('000)
Non-current assets at cost		90,000		102,000
Accumulated Depreciation		22,500		25,500
Net book Value		67,500		76,500
Current assets
Inventories	1200		900
Receivables	1500		1,200
Short-term investments	800		700
Bank	2250		1,300
Total current assets		5,750		4,100
Total assets		73,250		80,600
Equity and liabilities
Equity
Ordinary Share capital		2,600		2,600
Preference Share capital		2,000		2,000
Share premium		6,300		6,300
General reserve		29,400		29,400
Retained profits		11,850		8,200
		52,150		48,500
Non-current liabilities
Loans		18,000		29,900
Current liabilities
Payables	2,050		1500
Accruals	150		50
Taxation	750		600
Loan Interest Due	150		50
Total current liabilities		3,100		2,200
Total equity and liabilities		73,250		80,600

Notes
Depreciation charged on non-current assets in existence at the year end amounting to
$4,500,000.00
A loss on the sale of non-current assets amounting to $3,650,000. That assets sold originally cost
of $30,000,000 and had accumulated depreciation of $7,500,000.
Required
How to create a statement of cash flows in accordance with IAS 7 for the year ended 31 December 2013