CASH FLOW STATEMENT USING INDIRECT METHOD

SIKANDAR COMPANY Balance Sheet, March 31 20X4 20X3 341,600 9,400 32,200 0 32,700 7,500 25,200 1,300 10,600 4,900 Assets Non-current assets Property, plant and equipment..... Deduct Accumulated depreciation. Property, plant and equipment, net Intangible assets: Patents Current assets Inventories.... Financial assets Investments.. Trade receivables (net of allowance for credit losses 18,000; 12,000). Cash and cash equivalents.. Other current assets: Prepaid expenses Total assets... Equity and Liabilities Equity Equity share capital Other equity. Liabilities Non-current liabilities Financial liabilities Borrowings Current liabilities Financial liabilities Trade payables.... Current tax liabilities. Total equity and liabilities 2,800 20,900 4,400 1,200 72,100 4,300 15,600 7,000 1,400 59,700 17,500 25,000 11,800 8,600 12,000 12,000 22,700 600 72,100 20,900 700 59,700 SIKANDAR COMPANY Statement of Profit and Loss For the year ended March 31, 20X4 Sales..... Interest income..... Gain on sale of investments.. Total income... Cost of goods sold Depreciation expense. Finance costs... Selling and administrative expenses Loss on disposal of patents. Total expenses. Profit before tax Tax expense...... Profit for the period. 97,300 800 400 98,500 68,500 7,600 1,800 5,300 900 84,100 14,400 6,700 7,700 Additional information: 1. Paid dividends, `4,500. 2. Sold investments costing `3,800 (gain, `400). 3. Disposed of equipment, '4,100 (cost, `9,800; accumulated depreciation, 5,700). 4. Purchased equipment, `18,700. 5. Purchased investments, `2,300. 6. Disposed of patents, `400. 7. Issued at par shares, `7,500