Find cashflow from Financing activities

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question

Find cashflow from Financing activities

20X1
20X0
$m
$m
$m
Sm
Non-current assets
Tangible assets
1,580
1,000
Current assets
Inventory
Receivables
250
130
450
360
Prepaid distribution costs
4
Cash at bank and in hand
220
144
2,504
1,636
Capital and reserves
Issued share capital
Share premium account
Revaluation reserve
Accumulated profits
120
100
88
49
203
130
877
315
1,288
594
Non-current liabilities
Loans
800
700
Deferred tax
10
7
810
707
Current liabilities
Trade payables
374
310
Accrued
6
3
administrative expenses
Income tax
26
22
406
335
2,504
1,636
Transcribed Image Text:20X1 20X0 $m $m $m Sm Non-current assets Tangible assets 1,580 1,000 Current assets Inventory Receivables 250 130 450 360 Prepaid distribution costs 4 Cash at bank and in hand 220 144 2,504 1,636 Capital and reserves Issued share capital Share premium account Revaluation reserve Accumulated profits 120 100 88 49 203 130 877 315 1,288 594 Non-current liabilities Loans 800 700 Deferred tax 10 7 810 707 Current liabilities Trade payables 374 310 Accrued 6 3 administrative expenses Income tax 26 22 406 335 2,504 1,636
S000
1,700
(900)
800
Sales revenue
Cost of sales
Gross profit
Distribution costs
Administrative expenses
Operating profit
(50)
(120)
630
Interest received
80
(65)
Interest paid
Profit before tax
645
Income tax expense
Profit for the financial year
(28)
617
Transcribed Image Text:S000 1,700 (900) 800 Sales revenue Cost of sales Gross profit Distribution costs Administrative expenses Operating profit (50) (120) 630 Interest received 80 (65) Interest paid Profit before tax 645 Income tax expense Profit for the financial year (28) 617
Expert Solution
steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Knowledge Booster
Equity
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education