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Prepare a Cash Flow Statement from the Information Given in the Balance Sheet of Live Ltd. as at 31-3-2013and 31-3-2012 - Accountancy

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Prepare a Cash Flow Statement from the information given in the balance sheet of live Ltd. as at 31-3-2013and 31-3-2012:

Balance Sheet of Tiger Super Steel Ltd
Particulars Note No. 31-3-2015 (Rs.) 31-3-2014 (Rs.)

I. Equity and Liabilities

        1. Shareholder’s Funds

              a. Equity Share Capital

              b. Reserve and Surplus

         2. Non - Current Liabilities

              a) Long term borrowings

         3. Current Liabilities

              a) Trade Payables

1

 

 

2,10,000

1,32,000

 

1,50,000

 

75,000

 

 

1,80,000

24,000

 

1,50,000

 

27,000

Total   5,67,000 3,81,000

II. Assets

     1. Non – Current Assets

               a) Fixed Assets

                     Tangible assets

               b) Non – Current Investments

      2. Current Assets

                a) Current Investments (marketable)

                b) Inventories

                c) Trade Receivable

                c) Cash and Cash equivalents

 

 

 

 

2,94,000

48,000

 

54,000

1,07,000

40,000

24,000

 

 

 

2,52,000

18,000

 

60,000

24,000

17,500

9,500

Total   5,67,000 3,81,000

 

Notes to Account:

Note -1

Particulars 2013 (Rs.) 2012 (Rs.)

Reserve and Surplus

Surplus (balance in statement of profit and loss)

 

1,32,000

 

24,000

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Solution

                                                                    Cash Flow Statement

                                                           For the year ended March 31, 2013

  Particulars Amount (Rs.) Amount (Rs.)

 A

 

 

 

 

 

 

 

 

 

Cash Flow from Operating Activities

Profit as per statement of Profit and Loss

Profit Before Taxation

Operating Profit before Working Capital adjustment

        Less: Increase in Current Assets

                       Trade Receivable

                       Inventories

        Add: Increase in Current Liabilities

                  Trade Payable

Net Cash Flow From Investing Activities

 

1,08,000

1,08,000

1,08,000

 

22,500

83,000

 

48,000

 

 

 

 

 

 

 

 

 

 

50,500

B

 

 

 

Cash Flow Investing Activities

Purchase Of Fixed Assets

Purchases Of Investment

Net Cash used in Investing Activities

 

42,000

30,000

 

 

 

 

72,000

C

 

 

Cash Flow Financing Activities

Proceeds from Issue Of Share Capital

Net Cash Flow from Financing Activities

 

30,000

 

 

30,000

 D

 

 

Net Increases Or Decreases in Cash and Cash Equivalents

     Add: Cash and Cash Equivalents in the beginning of the period

Cash and Cash Equivalents at the end of the period

 

8,500

69,500

78,000

 

Concept: Concept of Cash Flow Statement
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