Page 411 - F3 -FA Integrated Workbook STUDENT 2018-19

Answers

Example 1e cont.

Complete solution cont.

$000 $000
Net cash generated from operating activities 14,000
(b/fwd)

Cash flows from investing activities
Cash paid for purchase of PPE (15,000)

Cash proceeds from disposal of PPE 4,000
———

Net cash used in investing activities (11,000)
Cash flows from financing activities

Cash proceeds of share issue 8,000
Debenture loan repaid (3,000)

Dividend paid (5,000)
———

Net cash from financing activities Nil
———

Net increase in cash and cash equivalents for the year 3,000
Cash and cash equivalents at start of reporting period (1) (2,500)

———
Cash and cash equivalents at end of reporting period (1) 500
———

Key issues

(1)
Ref = normally identified from the statements of financial position.

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