(Question 3)GOL Bhd. GOL Bhd. is a listed company in the main market of BursaMalaysia. Below are the financial statements of GOL Bhd. The company closesits accounts on 31 December each year.GOL Bhd.Statement of Financial Position as of 31 December2021Non-current assetsProperty, plant and equipmentintangible assetsinvestmentsCurrent AssetsInventoriesTrade receivablesInvestmentsInterest receivableTax recoverableCash at bankTotal AssetsEquityShare CapitalReservesLong-term liabilitiesFinance lease liability12% bondDeferred taxEmployee retirement benefitsCurrent liabilitiesTrade payableInterest payableBank loanOverdraftFinance lease creditorTax payableTotal equity and liabilities2020 2021RM'000 RM'00028,000 40,00011,800 11,50013,50053,30015,00066,50010,40010,50011,60011,50010,350 10,60010,03010,0202010,07010.23052,450 52,870105,750 119,37023,200 27.70016.700 20,27039,900 47,97011,190 11,50012,000 15,000700 1,50010,200 10,90034,090 38,90010,850 10.70010,05010,10030015010,400 10.5008004001031,760 32,500105,750 119,370GOL Bhd.Statement of Profit and LossFor the year ended 31 December 2021SalesCost of SalesDistribution expensesAdministrative expensesOther operating expensesInterest expensesGain on disposal of long-terminvestmentDividend incomeInterest incomeIncome taxProfit after taxOpening BalanceRevaluationDepreciationCarrying amount of plant disposalAcquisitionAdditional Information:i. Detailed information of the company's plant, properties and equipment are asfollow;RM'00020.000(8,000)12,000(2.000)(1,000)(1,600)7,400(500)6002001007,800(2 200)5,600Opening BalanceRevaluationDepreciationCarrying amount of plant disposalAcquisitionRM'000The plant was disposed of at a loss of RM700,000. Plant acquired throughfinance lease was RM2,500,000.28.0001,500(1,200)(12,000)23,700ii. Long-term investment of carrying amount RM1,000,000 was disposed of atprofit.iii. The dividend paid is RM3,530,000.iv. Other operating expenses are as follow;RM'00028.0001,500(1,200)(12,000)23.700Required to prepare the Statement of Cash Flow for the year ended 31December 2021.

Ans. Cash flow statement is all about inflow and outflow of cash.

(Question 3) GOL Bhd. GOL Bhd. is a listed company in the main market of Bursa Malaysia. Below are the financial statements of GOL Bhd. The company closes its accounts on 31 December each year. GOL Bhd. Statement of Financial Position as of 31 December 2021 Non-current assets Property, plant and equipment intangible assets investments Current Assets Inventories Trade receivables Investments Interest receivable Tax recoverable Cash at bank Total Assets Equity Share Capital Reserves Long-term liabilities Finance lease liability 12% bond Deferred tax Employee retirement benefits Current liabilities Trade payable Interest payable Bank loan Overdraft Finance lease creditor Tax payable Total equity and liabilities 2020 2021 RM'000 RM'000 28,000 40,000 11,800 11,500 13.500 15,000 53,300 66,500 10,400 11,600 10,350 10,030 10,500 11,500 10,600 10,020 20 10,070 10,230 52,450 52,870 105,750 119,370 23,200 27.700 16.700 20,270 39,900 47,970 11,190 11,500 12,000 15,000 1,500 700 10,200 10,900 34,090 38,900 10.850 10.700 10,050 10,100 300 150 10.400 10.500 10 31,760 105,750 119,370 32,500 800 400 GOL Bhd. Statement of Profit and Loss For the year ended 31 December 2021 RM'000 20.000 (8,000) 12,000 (2.000) (1,000) (1.600) 7,400 (500) Sales Cost of Sales Distribution expenses Administrative expenses Other operating expenses Interest expenses Gain on disposal of long-term investment Dividend income Interest income Income tax Profit after tax Opening Balance Revaluation Depreciation Additional Information: i. Detailed information of the company's plant, properties and equipment are as follow; Carrying amount of plant disposal Acquisition 600 200 100 7,800 (2 200) 5,600 Opening Balance Revaluation Depreciation RM'000 Carrying amount of plant disposal Acquisition 28.000 500 1,500 The plant was disposed of at a loss of RM700,000. Plant acquired through finance lease was RM2,500,000. (1,200) (12,000) 23,700 ii. Long-term investment of carrying amount RM1,000,000 was disposed of at profit. iii. The dividend paid is RM3,530,000. iv. Other operating expenses are as follow; RM'000 28.000 1,500 (1,200) (12,000) 23.700 Required to prepare the Statement of Cash Flow for the year ended 31 December 2021.