Page 276 - F3 -FA Integrated Workbook STUDENT 2018-19
P. 276
Chapter 19
Example 1d
Prepare the cash flows from financing activities of Spring Co for the
year ended 30 June 20X5
Solution
Cash flows from financing activities is presented as follows:
$000
Cash proceeds of share issue (5,000 + 3,000) 8,000
Debenture loan repaid (15,000 – 12,000) (3,000)
Dividend paid (5,000)
———
Net cash used in financing activities Nil
———
Share capital
$000 $000
Balance b/f: 30,000
Balance c/f: 35,000 Cash received ß 5,000
——— ———
35,000 35,000
——— ———
Share premium
$000 $000
Balance b/f: Nil
Balance c/f: 3,000 Cash received ß 3,000
——— ———
3,000 3,000
——— ———
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