Saddle plc has supplied you with copies of its Statements of financial position and the Statement of
Question:
Saddle plc has supplied you with copies of its Statements of financial position and the Statement of income as shown below:
Required:
Prepare the Statement of cash flows for the year ended 31 December 2011.
Transcribed Image Text:
Statements of financial position as at 31 December Non-current assets: Accumulated depreciation Investments Current assets: Inventories Trade receivables Cash and bank 2010 2011 £'000 £'000 540 720 (145) (190) 395 115 315 412 48 1,285 530 140 418 438 51 1,577 Statement of income for the year ended 31.12.2011 Sales revenue Cost of sales Gross profit Operating expenses Operating profit Interest Profit before tax Taxation Profit after tax £'000 2,460 (1,780) 680 (424) 256 (24) 232 (48) 184
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Related Book For
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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