The following are the financial statement Quick Ltd$.$ for the year ended $31$st December $2020$:

Quick Ltd$.$

Income statement

For year ended $31$st December $2020$

$$000$

Revenue $1276\mathrm{.}50$

Cost of sales $(907\mathrm{.}00)$

$369\mathrm{.}50$

Distribution costs $(62\mathrm{.}50)$

Administrative expenses $(132\mathrm{.}00)$

$175\mathrm{.}00$

Interest received $12\mathrm{.}50$

Interest paid $(37\mathrm{.}50)$

Profit before tax $150\mathrm{.}00$

Tax $(70\mathrm{.}00)$

Profit after tax $80\mathrm{.}00$

Quick Ltd$.$

Statement of financial position as at $31$ December

$20202019$

$$000$ $$000$d$$

ASSETS:

Non$-$ current assets:

Property, plant and equipment $190152\mathrm{.}5$

Intangible assets $125100$

Investments $12\mathrm{.}5$

Current assets:

Inventories $7551$

Receivables $195157\mathrm{.}5$

Short$-$term investment $25$

Cash in hand $10\mathrm{.}5$

Total assets $611474$

Equity and liabilities:

Equity:

Share capital $10075$

Share premium $8075$

Revolution reserve $5045\mathrm{.}5$

Retained earnings $13090$

Non$-$current liabilities:

Loan $8525$

Current liabilities:

Trade payables $63\mathrm{.}559\mathrm{.}5$

Bank overdraft $42\mathrm{.}549$

Tax $6055$

Total equity and liabilities $611474$

Required:

Determine the Net cash flows from the operating activities of Quick Ltd for the year ended $31$st December $2020.($Hint $$ use the indirect approach for preparation of the statement of cash flows$)$