During the year, some financial assets were written down by $15m to reflect the permchent diminutish in value. Additional financial assets were purchased on 31 Dec Year ! for $40m, other financial assets were disposed of for a valle of stom during Year. Cost on disposal of financul assets: Balance at 1.1 Year I Written down Addituus Disposal (balance) Balahe at 31.12 Year 1 Gail on disposal of filalicial assets: Sales oblets 50 Cost Statement of Financial positions at 31 December Assets Nuh - Chilect assets Intangible assets Tuhyiable asets Fihuhuul assets 200 (15) 40 (5) 220 (5) 45 Year I Year o $m $m 277 224 1023 2208 220 600 Look 1520 Cash Flow from operating activities Net profit before interest and tax Adjustment for: Statement of Cash Flow of the year ended 31 Dec Year I $m 179 Amortization on intangible assets Deprecation Gain on disposal of hun-calfect assets Financul asset written off Guch on disposal of financial asset 7 22 15 (45) $m

During the year, some financial assets were written down by $15m to reflect the permchent diminutish in value. Additional financial assets were purchased on 31 Dec Year ! for $40m, other financial assets were disposed of for a valle of stom during Year. Cost on disposal of financul assets: Balance at 1.1 Year I Written down Addituus Disposal (balance) Balahe at 31.12 Year 1 Gail on disposal of filalicial assets: Sales oblets 50 Cost Statement of Financial positions at 31 December Assets Nuh - Chilect assets Intangible assets Tuhyiable asets Fihuhuul assets 200 (15) 40 (5) 220 (5) 45 Year I Year o $m $m 277 224 1023 2208 220 600 Look 1520 Cash Flow from operating activities Net profit before interest and tax Adjustment for: Statement of Cash Flow of the year ended 31 Dec Year I $m 179 Amortization on intangible assets Deprecation Gain on disposal of hun-calfect assets Financul asset written off Guch on disposal of financial asset 7 22 15 (45) $m

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Accounting Question
there are 2 categories of cash flows: single cash flows, referred to as "lump sums," and annuities. based on your understanding of annuities, answer the following questions:
umespect Lu the sldlement of cash flows
The cash flow cycle also is known as the: Select one: a. cash conversion cycle. b. cash-to-cash cycle. c. working capital cycle. d. revolving credit cycle.
Could you please give me a brief overview of what "cash flow for ROR analysis" is? Thanks.
Please explain how to prepare a statement of cash flows (indirect method) including analyzing tables? Please provide an example. Thank you,
Discuss the aspects of the Statement of Cash Flows.
Prepare a basic statement of cash flows.
a. explain the information found on the statement of cash flow. b. how do the direct and indirect methods of preparing the statement of cash flow different?
To produce a cash flow statement, why do you need an income statement, a balance sheet, and extra information?
What is meant by an incremental cash flow? What do you need to ask yourself when deciding whether a cash flow is incremental or not? What types of incremental cash flows are there?
Illustrate the process of computing the equivalent present worth when all cash flows are given in actual dollars?