Required:(a) Prepare the consolidated statement of cash flow for Maya group for the year ended 31December 2021 using the indirect method.(b) Advice the management on how to improve the cash flow of Maya group. The following are the consolidated financial statements of Maya Group for the financial yearended 31 December 2021.Consolidated Statement of Profit or Loss and Other Comprehensive IncomeFor the year ended 31 December 2021RevenueOperating expensesProfit from operationsGain on disposal of subsidiaryFinance costsShare of profit of associateProfit before taxTax expenseProfit after taxOther comprehensive income (OCI)Investment thorough OCIOther comprehensive income from associateTotal comprehensive incomeProfit attributable to:Non-controlling interestEquity holders of the parentOCI attributable to:Non-controlling interestEquity holders of the parentNon-current assetsProperty, plant and equipmentGoodwillInvestment in associateCurrent assetsInventoriesTrade receivablesCash and cash equivalentsTotal assetsEquityContributed ordinary share capitalRevaluation reservesNon-controlling interestRetained earningsNon-current liabilitiesLong-term loanDeferred tax(RM'000)20,900(11,550)9,3501,000(350)1,150Current liabilitiesTrade payablesInterest payableTax payableTotal Equity and Liabilities11,150(2,250)8,900Consolidated Statement of Financial Positionas at 31 December 20212,00050011,4009507,9508,9001,20010,20011,4002021(RM'000)25,45019,3006,2004,7003,9002,10061,65015,0007,5003,10017,5505,0001,5008,0001253,87561,6502020(RM'000)16,25018,5005,4004,3503,3001,40049,20015,0005,2503,20010,8503,0001,0507,250753,52549,200

Name: Required:(a) Prepare the consolidated statement of cash flow for Maya
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Description: Required:(a) Prepare the consolidated statement of cash flow for Maya group for the year ended 31December 2021 using the indirect method.(b) Advice the management on how to improve the cash flow of Maya group. The following are the consolidated fina

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(a) Prepare the consolidated statement of cash flow for Maya group for the year ended 31 December 2021 using the indirect method. (b) Advice the management on how to improve the cash flow of Maya group.

(a) Prepare the consolidated statement of cash flow for Maya group for the year ended 31 December 2021 using the indirect method. (b) Advice the management on how to improve the cash flow of Maya group.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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