PT SINAR MENTARI STATEMENT OF PROFIT OR LOSS FOR THE YEAR ENDED DECEMBER 31, 2021 Profit...

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PT SINAR MENTARI STATEMENT OF PROFIT OR LOSS FOR THE YEAR ENDED DECEMBER 31, 2021 Profit from Operations Finance Cost Profit Before Tax Taxation Profit for The Year SA 15,730.00 (730.00) 15,000.00 (4,350.00) 10,650.00 ASSETS Non-Current Assets Current Assets TOTAL ASSETS EQUITY AND LIABILITIES EQUITY TOTAL EQUITY LIABILITIES NON-CURRENT LIABILITIES CURRENT LIABILITIES TOTAL CURRENT LIABILITIES TOTAL LIABILITIES TOTAL LIABILITIES + EQUITY PT SINAR MENTARI STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDED DECEMBER 31, 2021 2020 Inventory Trade Receivable Cash Ordinary Share Capital Share Premium Account Retained Earnings 9% Loan Notes Bank Overdraft Trade Payables Interest Payable Tax $ 3,560.00 $ 6,405.00 $ 559.00 $ 16,000.00 $ 3,365.00 $ 15,629.00 $ 1,230.00 $ 7,442.00 $ 120.00 $ 3,020.00 $ 44,282.00 $ 10,524.00 $ 54,806.00 $ 34,994.00 $ 8,000.00 $ 11,812.00 $ 19,812.00 $ 54,806.00 2021 $ 9,635.00 $ 4,542.00 $ 1,063.00 $ 15,000.00 $ 2,496.00 $ 6,465.00 $ 429.00 $ 4,264.00 $ 100.00 $ 2,760.00 $ 26,574.00 $ 15,240.00 $ 41,814.00 $ 23,961.00 $ 10,300.00 $ 7,553.00 $ 17,853.00 $41.814.00 Additional Information: 1. During the year dividends paid were $1,486,000. 2. Summary schedule of changes to non-current assets during 2021. Cost Accumulated Depreciation Beginning Balance Additions Disposals $ Depreciation Ending Balance $ 54,594.00 $ $ $ 24,340.00 $ (2,964.00) 33,218.00 $ $ Carrying Value 6,644.00 $ 26,574.00 $ 24,340.00 (990.00) $ (1,974.00) 4,658.00 $ (4,658.00) 10,312.00 $ 44,282.00 3. The total proceeds from the disposal of non-current assets were $2,694,000. Instructions Prepare a statement of cash flows for PT Sinar Mentari for the year ended 31 December 2021 in accordance with IAS 7 Statement of Cash Flows, using the indirect method! PT SINAR MENTARI STATEMENT OF PROFIT OR LOSS FOR THE YEAR ENDED DECEMBER 31, 2021 Profit from Operations Finance Cost Profit Before Tax Taxation Profit for The Year SA 15,730.00 (730.00) 15,000.00 (4,350.00) 10,650.00 ASSETS Non-Current Assets Current Assets TOTAL ASSETS EQUITY AND LIABILITIES EQUITY TOTAL EQUITY LIABILITIES NON-CURRENT LIABILITIES CURRENT LIABILITIES TOTAL CURRENT LIABILITIES TOTAL LIABILITIES TOTAL LIABILITIES + EQUITY PT SINAR MENTARI STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDED DECEMBER 31, 2021 2020 Inventory Trade Receivable Cash Ordinary Share Capital Share Premium Account Retained Earnings 9% Loan Notes Bank Overdraft Trade Payables Interest Payable Tax $ 3,560.00 $ 6,405.00 $ 559.00 $ 16,000.00 $ 3,365.00 $ 15,629.00 $ 1,230.00 $ 7,442.00 $ 120.00 $ 3,020.00 $ 44,282.00 $ 10,524.00 $ 54,806.00 $ 34,994.00 $ 8,000.00 $ 11,812.00 $ 19,812.00 $ 54,806.00 2021 $ 9,635.00 $ 4,542.00 $ 1,063.00 $ 15,000.00 $ 2,496.00 $ 6,465.00 $ 429.00 $ 4,264.00 $ 100.00 $ 2,760.00 $ 26,574.00 $ 15,240.00 $ 41,814.00 $ 23,961.00 $ 10,300.00 $ 7,553.00 $ 17,853.00 $41.814.00 Additional Information: 1. During the year dividends paid were $1,486,000. 2. Summary schedule of changes to non-current assets during 2021. Cost Accumulated Depreciation Beginning Balance Additions Disposals $ Depreciation Ending Balance $ 54,594.00 $ $ $ 24,340.00 $ (2,964.00) 33,218.00 $ $ Carrying Value 6,644.00 $ 26,574.00 $ 24,340.00 (990.00) $ (1,974.00) 4,658.00 $ (4,658.00) 10,312.00 $ 44,282.00 3. The total proceeds from the disposal of non-current assets were $2,694,000. Instructions Prepare a statement of cash flows for PT Sinar Mentari for the year ended 31 December 2021 in accordance with IAS 7 Statement of Cash Flows, using the indirect method!

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