During the year the company acquired non-current assets for £1,900,000 and sold for £80,000 ones written down to £310,000.

Required: Prepare a Statement of cash flows for year ended 30.9.2011.

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Statement of income year ended 30 September 2011 Sales revenue Cost of sales Gross profit Other expenses Interest Profit before taxation Taxation Dividends Retained profit Retained earnings b/f Retained earnings c/f £'000 8,000 (4,500) 3,500 (1,000) (14) 2,486 (800) (700) 986 4,400 5,386 Statement of financial position as at 30 September 2011 2010 Non-current assets (wdv) Current assets: Inventories Receivables Bank Current liabilities: Trade payables Dividend declared Taxation Long-term loans £'000 £'000 £'000 £'000 8,100 6,800 800 670 80 (420) (400) (635) 95 8,195 (1,200) 6,995 600 620 300 (340) (360) (595) 225 7,025 (1,400) 5,625