Page 278 - F3 -FA Integrated Workbook STUDENT 2018-19
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Chapter 19
Example 1e
Based upon Examples 1a – 1d, compile the statement of cash flows of
Spring Co for the year ended 30 June 20X5.
Spring Co – Statement of cash flows for the year ended 30 June 20X5
$000 $000
Cash flows from operating activities:
Profit before tax 18,750
Adjustments for:
Finance costs payable 1,000
Depreciation charge 3,500
Profit on disposal of PPE (1,500)
Increase in inventory (2,550)
Decrease in receivables 7,850
(5)
Decrease in payables (7,900)
———
Cash generated from operating activities 19,150
Interest paid (1,100)
Income tax paid (4,050)
———
Net cash generated from operating activities 14,000
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