The statement of financial position of Euston Ltd as at 31 December 20X9, with corresponding amounts, showed the following:

1. Property, plant and equipment includes the following:

2. An item of plant costing £100,000 with a written-down value of £60,000 was sold at a profit of £15,000 during the year. This profit has been included in the statement of profit or loss for the year.

3. The company declared a final dividend at the end of 20X9 of £50,000 (20X8 – £30,000). This was
approved by the shareholders one month after the reporting period end and paid two weeks
after that. No interim dividend was paid during the year.
4. Tax on company profits is paid nine months after the end of the reporting period.
5. During the year ended 31 December 20X9 there was no interest received but there was debenture interest paid of £108,000. None of the debenture interest was accrued at the end of either 20X8 or 20X9.

Required
Prepare a statement of cash flows in accordance with IAS 7 for the year 31 December 20X9.

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ASSETS Non-current assets Property, plant and equipment Current assets Inventory Trade receivables Prepayments Bank Total assets EQUITY AND LIABILITIES Equity Share capital Retained earnings Total equity Non-current liabilities 12% debentures Total non-current liabilities Current liabilities Trade payables Current tax payable Accruals Total current liabilities Total liabilities Total equity and reserves 20X9 £'000 4,200 470 800 60 20 1,350 5,550 2,500 1,650 4,150 1,000 1,000 230 100 70 400 1,400 5,550 20X8 £'000 4,000 400 600 50 150 1,200 5,200 2,500 1,530 4,030 800 800 200 80 90 370 1,170 5,200