What can be concluded from the provided picture? 20202019SR '000NotesSR '000FINANCING ACTIVITIESSpecial commission paid on Subordinated Sukuk(73,229)(99,059)Dividends paid(252,620)(646,360)Payment for principal portion of lease liabilities(81,090)(100,806)Net cash used in financing activities(406,939)(846,225)Net change in cash and cash equivalents(570,495)(762,469)Cash and cash equivalents at the beginning of the year2,646,8383,409,307Cash and cash equivalents at the end of the year272,076,3432,646,838Special commission income received during the year3,109,0773,116,192Special commission expense paid during the year864,656959,386Supplemental non-cash informationNet changes in fair value and transfers to the consolidated statement of income(48,227)(14,044)

Statement of cash flow is the one prepared by the company to determine the cash position of the…

Answered: What can be concluded from the provided…

Business

Accounting

What can be concluded from the provided picture?

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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Question

What can be concluded from the provided picture?

2020
2019
SR '000
Notes
SR '000
FINANCING ACTIVITIES
Special commission paid on Subordinated Sukuk
(73,229)
(99,059)
Dividends paid
(252,620)
(646,360)
Payment for principal portion of lease liabilities
(81,090)
(100,806)
Net cash used in financing activities
(406,939)
(846,225)
Net change in cash and cash equivalents
(570,495)
(762,469)
Cash and cash equivalents at the beginning of the year
2,646,838
3,409,307
Cash and cash equivalents at the end of the year
27
2,076,343
2,646,838
Special commission income received during the year
3,109,077
3,116,192
Special commission expense paid during the year
864,656
959,386
Supplemental non-cash information
Net changes in fair value and transfers to the consolidated statement of income
(48,227)
(14,044)

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