Page 320 - FR Integrated Workbook 2018-19
P. 320
Chapter 22
Example 2 cont.
Solution
$
Cash flows from investing activities
Purchase of property, plant and equipment (6,150)
Sale proceeds from sale of plant 1,300
Cash flows from financing activities
Proceeds of share issue 2,100
Lease liability repaid (1,800)
(W1) Property, plant and equipment
Property, plant & equipment
Balance b/f 33,800 Depreciation 7,200
Revaluation (1,850 – 500) 1,350 Disposal 900
Right-of-use asset 10,000
Purchase of assets 6,150 Balance c/f 43,200
——— ———
51,300 51,300
——— ———
(W2) Share capital and premium
Share capital and premium
Share capital b/f 9,000
Share capital c/f 10,500 Share premium b/f 1,700
Share premium c/f 2,300 Share proceeds (bal) 2,100
——— ———
12,800 12,800
——— ———
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