Almost Ready Ltd had extracted the following information from the statement of comprehensive income and statement of

Question:

Almost Ready Ltd had extracted the following information from the statement of comprehensive income and statement of financial position (000s) for the year ended 30 September 20X9:
Proceeds from issue of ordinary shares 405, Dividends paid 1,923, Cash and cash equivalents at beginning of the period 6,539, Dividends from joint ventures 228, Purchase of investments 29, Interest received 43, Tax paid 1,389, Purchase of property 115, Cash and cash equivalents at end of period 9,214, Proceeds from sale of other long term assets 24, Purchase of a business (net of cash acquired) 274, Interest paid 16, Payment of principal under a finance lease 11, Cash generated from operations 5,732.

Required:
Prepare statement of cash flows for the year ended 30 September 20X9.

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Financial Accounting and Reporting

ISBN: 978-0273744443

14th Edition

Authors: Barry Elliott, Jamie Elliott

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