QUESTION FIVE [25Marks]

Dash (Pty) Ltd provided the following information that was extracted from the financial records for the year ended 31 December 2021. Relevant financial information are shown below.

Information from the statement of financial position as at 31 December:

	2021 R	2020 R
Land and buildings at cost	620 000	520 000
Equipment at carrying amount	268 000	343 000
- Cost	354 000	441 000
- Accumulated depreciation	(86 000)	(98 000)
Fixed deposits	70 000	100 000
Inventory	66 000	100 000
Debtors control	64 000	70 000
Bank favourable (debit) balance	86 000	-----
Prepaid expense Rent	-----	6 000
Creditors control	26 000	48 000
Bank overdraft credit balance	-----	6 000
SARS - tax payable	22 000	18 000
Shareholders dividends payable	30 000	75 000
Interest payable	10 000	12 000
Ordinary share capital	850 000	750 000
Retained earnings	96 000	30 000
Long term borrowings	140 000	200 000

Extract of items shown on the statement of profit and loss and other comprehensive income for the year ended 31 December 2021:

R

Interest income on fixed deposit	30 000
Depreciation	38 000
Loss on sale of equipment	1 000
Interest on long term borrowings	32 000
Income tax expense	86 000
Profit for the year	141 000

Additional information:

1. Inventory is disclosed at cost.

2. Land has not been revalued in the current financial year.

3. An extension was added to the building and completed in the current financial year. All building costs were paid for in cash. Buildings are not depreciated.

4. Interest on the long term loan is not capitalised.

5. No equipment was purchased during the current financial year but some equipment was sold during the year for cash.

6. Dividends for the year as shown in the statement of changes in equity was R75 000.

Required: Prepare the statement of cash flows of Dash (Pty) Ltd for the year ended 31 December 2021 to comply with the International Financial Reporting Standards (IFRS) in as much as the above information allows. Use the indirect method. Comparative figures are not required.

This is a 25 Marks question can u please assist...