Question

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

Answer 1

                                                                    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