Madibeng Ltd, a construction company has extracted the following cash flows from its books as at 31st December, 2019 Item Question 2 Operating profit Increase in inventories over a year Increase in accounts receivables over a year Increase in accounts payables over a year Depreciation for the year Tax paid Interest received Interest paid Increase in non-current liabilities Purchase of plant and machinery Share capital issued Dividends paid Purchase of patents Amount in Rands 25,000 3,500 1,300 800 6,000 23,500 3,000 500 4,600 18,350 3,200 550 1,650 Required Prepare the statement of cash flows for Madibeng Ltd for 31st December, 2019 using indirect method.
Madibeng Ltd, a construction company has extracted the following cash flows from its books as at 31st December, 2019 Item Question 2 Operating profit Increase in inventories over a year Increase in accounts receivables over a year Increase in accounts payables over a year Depreciation for the year Tax paid Interest received Interest paid Increase in non-current liabilities Purchase of plant and machinery Share capital issued Dividends paid Purchase of patents Amount in Rands 25,000 3,500 1,300 800 6,000 23,500 3,000 500 4,600 18,350 3,200 550 1,650 Required Prepare the statement of cash flows for Madibeng Ltd for 31st December, 2019 using indirect method.
Chapter1: Financial Statements And Business Decisions
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Transcribed Image Text:Question 2
Madibeng Ltd, a construction company has extracted the following cash flows from its books as
at 31st December, 2019
Item
Operating profit
Increase in inventories over a year
Increase in accounts receivables over a year
Increase in accounts payables over a year
Depreciation for the year
Tax paid
Interest received
Interest paid
Increase in non-current liabilities
Purchase of plant and machinery
Share capital issued
Dividends paid
Purchase of patents
Amount in Rands
25,000
3,500
1,300
800
6,000
23,500
3,000
500
4,600
18,350
3,200
550
1,650
Required
Prepare the statement of cash flows for Madibeng Ltd for 31st December, 2019 using indirect
method.
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