Page 265 - F3 -FA Integrated Workbook STUDENT 2018-19
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Statement of cash flows
Example 1 cont.
Spring Co – Statements of financial position for the year ended 30 June:
20X5 20X4
$000 $000
Non-current assets
Property, pleant and equipment 79,100 67,100
Current assets
Inventories 38,250 35,700
Trade and other receivables 34,750 42,600
Cash and cash equivalents 500 Nil
——— ———
152,600 145,400
——— ———
Equity
Share capital $1 ordinary shares 35,000 30,000
Share premium 3,000 Nil
Revaluation surplus 3,000 Nil
Retained earnings 70,500 60,500
——— ———
111,500 90,500
Non-current liabilities: 10% Debenture 12,000 15,000
Current liabilities:
Bank overdraft Nil 2,500
Trade payables 25,100 33,000
Income tax 3,700 4,000
Accrued interest 300 400
——— ———
152,600 145,400
——— ———
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