Chen plc’s income statements for the years ended 31 December 2020 and 2021 and the statements of financial position as at 31 December 2020 and 2021 are as follows:

Included in ‘cost of sales’, ‘distribution expenses’ and ‘administrative expenses’, depreciation was as follows:

There were no non-current asset disposals in either year. The amount of cash paid for interest equalled the expense in each year. Dividends were paid totalling £18 million in each year.
Required:
Prepare a statement of cash flows for the business for 2021.

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Income statements for the years ended 31 December 2020 and 2021 2020 2021 m m 153 Revenue Cost of sales Gross profit Distribution expenses 207 (101) 106 (22) Administrative expenses (20) Operating profit Interest payable Profit before taxation Taxation Profit for the year 64 (4) 60 (16) 44 2020 m (28) 2021 m ASSETS Non-current assets Property, plant and equipment Land and buildings Plant and machinery Current assets Inventories Trade receivables Cash at bank and in hand Total assets EQUITY AND LIABILITIES Equity Called-up ordinary share capital Retained earnings Non-current liabilities Borrowings - loan notes (10%) Current liabilities Borrowings (all bank overdraft) Trade payables Taxation 130 56 & 8 &88 241 8 100 156 100 57 157 40 40 37 34 8 45 39 Total equity and liabilities 241 236