Torrent plc’s income statement for the year ended 31 December 2020 and the statements of financial position as at 31 December 2019 and 2020 are as follows:

During 2020, the business spent £67 million on additional plant and machinery. There were no other noncurrent asset acquisitions or disposals.

There was no share issue for cash during the year. The interest payable expense was equal in amount to the cash outflow. A dividend of £60 million was paid.

Required:

Prepare the statement of cash flows for Torrent plc for the year ended 31 December 2020.

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Income statement for the year ended 31 December 2020 Revenue Cost of sales Gross profit Distribution expenses Administrative expenses Operating profit Interest payable Profit before taxation Taxation Profit for the year Statements of financial position as at 31 December 2019 and 2020 ASSETS Non-current assets Property, plant and equipment Land and buildings Plant and machinery Current assets Inventories Trade receivables Total assets 2019 £m 310 325 635 41 139 180 815 £m 623 (353) 270 (44) (30) 196 (26) 170 (36) 134 2020 £m 310 314 624 35 145 180 804