Question: Classify cash flows into operating, investing and financing activities, prepare a consolidated statement of cash flows for Bandar Sdn Bhd for the year ended 31 Dec 2021, using the indirect method

Question 3 (25 marks) Pant (a) Bandar Sdn Bhd had several subsidiary companies. Extracts from the group's consolidated financial statements for the year ended 31 December 2021 are set out below. Consolidated statement of profit or loss for the year ended 31 December 2021 (exiract) Profit attributable to: Owners of Bandar Sdn Bhd Non-controlling interest 7,073,6001,234,4008,308,000 Consolidated statements of financial position as at 31 December 2021RM2020RM Non-controlling interest dditional information. (1) On 1 July 2021, Bandar Sdn Bhd acquired 70% of the ordinary shares in Wira Sdn Bhd for cash of RM1,438,800. Goodwill and non-controlling interest were calculated using the proportionate method. The net assets of Wira Sdn Bhd at the date of acquisition were as follows: (2) All finance costs in the consolidated statement of profit or loss related to lease liabilities. During the year ended 31 December 2021, Bandar Sdn Bhd acquired the right of use assets which were initially measured at the present value of future lease payments of RM680,000. (3) Property, plant and equipment includes right of use assets acquired under lease arrangements. Depreciation of RM947,600 was recognised during the year ended 31 December 2021 in respect of non-current assets. There were no disposals of non-current assets during the year ended 31 December 2021. (4) The consolidated statement of changes in equity for the year ended 31 December 2021 showed that Bandar Sdn Bhd issued ordinary shares for cash and paid ordinary dividends. Dividends were also paid to the non-controlling interest. (5) There were no impairments of goodwill. Required: Classify cash flows into operating, investing and financing activities, prepare a consolidated statement of cash flows for Bandar Sdn Bhd for the year ended 31 December 2021, using the indirect method. (20 marks)