Advertisements
Advertisements
Question
Prepare a Cash Flow Statement from the information given in the balance sheet of Simco Ltd. As at 31-3- 2013and 31-3-2012:
| Particulars | Note No. |
31-3-2013 Rs |
31-3-2012 Rs |
|
I. Equity and Liabilities 1. Shareholders' Funds a. Equity Share Capital b. Reserves and Surplus 2. Non-current Liabilities a. Long term-borrowing 3. Current liabilities a. Trade Payables |
2,00,000 90,000
87,500
10,000 |
1,50,000 75,000
87,500
76,000 |
|
| Total | 3,87,500 | 3,87,500 | |
|
II. Assets 1. Non- Current assets a. Fixed assets i. Tangible assets b. Non –Current Investment 2. Current assets a. Current-Investment (marketable) b. Inventory c. Trade receivable d. Cash and Cash equivalents |
1,87,500 1,05,000
12,500 4,000 9,500 68,500 |
1,40,000 1,02,500
33,500 5,500 23,000 84,000 |
|
| Total | 3,87,500 | 3,88,500 |
Notes to Account:
Note -1
| Particulars |
2013 Rs |
2012 Rs |
| Reserve and Surplus | ||
| Surplus( balance in the statement of profit and loss) | 90,000 | 75,000 |
Advertisements
Solution
| Cash Flow Statement For the year ended March 31, 2013 |
|||
| Particulars | Rs | Rs | |
|
A
|
Cash Flow from Operating Activities Profit as per statement of Profit and Loss Profit Before Taxation Operating Profit before Working Capital adjustment Add: Decrease in Current Assets Trade Receivable Inventories Less: Decrease in Current Liabilities Trade Payable Net Cash Flow From Operating Activities |
15,000 15,000
|
15,000
(66,000) (36,000) |
|
B
|
Cash Flow Investing Activities Purchase Of Fixed Assets Purchases Of Investment Net Cash Flow from Investing Activities |
(47,500) (3,000)
|
(50,500) |
|
C
|
Cash Flow Financing Activities Proceeds from Issue Of Share Capital Net Cash Flow from Financing Activities |
50,000
|
50,000 |
|
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 |
|
(36,500) (1,17,500) 81,000 |
