Torrent plcs income statement for the year ended 31 December 2012 and the statements of financial position

Question:

Torrent plc’s income statement for the year ended 31 December 2012 and the statements of financial position as at 31 December 2011 and 2012 are as follows:

image text in transcribed

image text in transcribed

During 2012, the business spent £67 million on additional plant and machinery. There were no other non-current 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 2012.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: