Good Day please assist with the following question attached. Thank you. 1) The f

Question

Good Day please assist with the following question attached.

Thank you.

1) The following group financial statements relate to Crocodile plc: Draft group statements of financial position as at 31 October 2012 2012 2011 S'000 Non Current Assets S'000 Property, pant and equipment Goodwill Investment in Associate 10,340 240 120 8,220 260 Current Assets Inventories 4,600 3,000 600 Trade receivables Cash and cash equivalents Total Assets Equity shares Other reserves Retained earnings Shareholders fund 5,300 4,800 280 21080 800 240 2.500 3,540 740 160 2.200 3,100

Explanation / Answer

Profit and loss Profit For the Year 480 Add: Tax 320 Add: Inetest 296 Profit before Tax and interest 1096 Cash Flow by Indirect Method Particular Amount Amount Cash From Operating Activity Profit Before Tax 1096 Depreciation 520 Differences in Receivable -1800 Differences in Inventory -700 Differences in Trade payable 3800 Interest Paid -236 Tax Paid -1260 Net Cash from Operating activity 1420 Cash from Investing Activity Cash ouflow for Purchase of asstes -2640 Cash inestment -120 Net Cash from Inveting activities -2760 Cash from financing Activity Cash from Issuing share 60 Share Preimum 60 Cash from sahre option 20 Cash fro m Long Term Borrowing 800 Other Cash received 80 Net Cash from Financing activities 1020 -320 Add: Opening Cash 600 Closing Cash 280

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