Question: I'm practicing for the exam it a question from last exam so can you help me solve this i like to check when im finishing.

I'm practicing for the exam it a question from last exam so can you help me solve this i like to check when im finishing.

I'm practicing for the exam it a question from last exam so

Assets Current assets Cash and cash equivalents Trade receivables Inventory Non-Cu rre nt asset Property, plant and equipment Cost Depreciation Total assets Equity and liabilities Current liabilities Trade payables Taxation Non-current liabilities Non-current loans Capital and reserves Share capital Retained earnings Total equity and IIabIIItles Additional information: Iron Ltd Statement of nancial position as AT 31 December $'000 48 76 24 1 596 318 12 102 396 716 2016 $000 114 200 4-K A _| M ' 5 d) 5'000 56 58 20 224 364 514 2015 1. During the year' the company paid $90 000 for a new piece of machinery. 2. Dividends paid during 2016 totalled $66 000. Required: 3' 000 92 500 Prepare a statement of cash flows for Iron Ltd for the year ended 31 December 2016 in accordance with the requirements of IAS 'r', using the indirect method. (20 marks)

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