QUESTION $1(20$ Marks$)$

REQUIRED

Study the Statement of Cash Flows and answer the following questions:

$1\mathrm{.}1$ Calculate the following:

$1\mathrm{.}1\mathrm{.}1$ Decrease in payables $(2$ marks$)$

$1\mathrm{.}1\mathrm{.}2$ Interest paid. $(2$ marks$)$

$1\mathrm{.}2$ Was there an increase or decrease its non$-$current liabilities? Show the relevant

calculations. $(3$ marks$)$

$1\mathrm{.}3$ Apart from the items listed under working capital changes, identify THREE $(3)$ other

changes to the financial position of Viola Limited. $(3$ marks$)$

$1\mathrm{.}4$ Comment on the following:

$1\mathrm{.}4\mathrm{.}1$ Decrease in inventory R$96000(2$ marks$)$

$1\mathrm{.}4\mathrm{.}2$ Increase in receivables $($R$912000)(2$ marks$)$

$1\mathrm{.}4\mathrm{.}3$ Cash flows from operating activities R$3504000(2$ marks$)$

$1\mathrm{.}4\mathrm{.}4$ Non$-$current assets purchased $($R$3936000)(2$ marks$)$

$1\mathrm{.}4\mathrm{.}5$ Increase in investments $($R$1440000)(2$ marks$)$