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प्रश्न
From the following information of Hoopla Ltd., you are required to prepare a Cash Flow Statement (as per AS 3) for the year 2021-22.
| Particulars | (₹) | |
| (i) | Profit for the year 2021-22, before considering dividend and tax, but after taking into account the following items: | 15,80,000 |
| (a) Depreciation on Property, Plant & Equipment | 5,50,000 | |
| (b) Interest Payable on Bank Loan | 3,80,000 | |
| (c) Profit on sale of investments, the book value of which was ₹ 2,20,000. |
1,00,000 | |
| (ii) | During the year 2021-22: | |
| (a) The company | ||
| • Paid Tax (which was provided in 2020-21) | 4,40,000 | |
| • Issued 66,000 equity shares of ₹ 10 each | 6,60,000 | |
| • Repaid Bank Loan | 15,00,000 | |
| • Paid interest on Bank Loan | 3,00,000 | |
| • Paid Dividend | 5,00,000 | |
| (b) Trade payables decreased by | 10,000 | |
| (c) Cash at bank increased from ₹ 60,000 on 1st April, 2021 to ₹ 7,00,000 on 31st March, 2022. |
खाता बही
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उत्तर
| Cash Flow Statement of Hoopla Ltd. for the year ended 31st March, 2022. | ||
| Particulars | Amount (₹) | Amount (₹) |
| A. Cash Flow from Operating Activities: | ||
| Profit before tax and extraordinary items | 15,80,000 | |
| Adjustment for non-cash and non-operating items | ||
| Add: | ||
| Depreciation on property, plant, and equipment | 5,50,000 | |
| Interest payable on the bank loan | 3,80,000 | |
| 25,10,000 | ||
| Less: Profit on sale of investments | (1,00,000) | |
| Operating profit before working capital changes | 24,10,000 | |
| Less: Decrease in current liabilities | ||
| Decrease in Trade payables | (10,000) | |
| Cash generated from operations | 24,00,000 | |
| Less: Tax paid | (4,40,000) | |
| Cash flow from Operating Activities | 19,60,000 | 19,60,000 |
| B. Cash flow from Investing Activities | ||
| Proceeds from Sale of Investments (2,20,000 + 1,00,000) |
3,20,000 | |
| Cash flow from Investing Activities | 3,20,000 | 3,20,000 |
| C. Cash Flow from Financing Activities | ||
| Proceeds from the issue of equity shares | 6,60,000 | |
| Less: | ||
| Repayment of Bank loan | (15,00,000) | |
| Payment of Interest on a bank loan | (3,00,000) | |
| Payment of dividend | (5,00,000) | |
| Cash used in Financing Activities | (16,40,000) | (16,40,000) |
| Net increase in cash and cash equivalents | 6,40,000 | |
| Add: Opening balance of cash and cash equivalents | 60,000 | |
| Closing balance of cash and cash equivalents | 7,00,000 | |
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