The last two years' statements of financial position of TFR Lid at 31 March are as follows.

Additional information:

• The operating profit for the year ended 31 March 2015 was $60,000 (2014: $62,000).

• There were no sales of non-current assets in the year.

• The depreciation charge for the year was $12,000 (2014: $16,000).

• Interest paid for the year was $9000 (2014: $6000).

• Equity dividends paid during the year were $19,000.

Required

Prepare a statement of cash flows for TAR Ltd for the year ended 31 March 2015.

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Statement of financial position at 31 March 2015 2015 2014 $o00 $000 $00 S00 Non-current assets 156 138 Current assets Inventory 83 81 Trade receivables 101 96 Cash and cash 15 199 177 equivalents Total assets 355 315 Equity Ordinary share capital 145 120 Share premium 27 22 Retained earnings 44 216 30 172 Non-current liabilities Bank lban (repayable 2019) 34 18 Current liabilities Trade payables 87 92 Cash and cash 11 equivalents Taxation 18 105 22 125 Total equity and liabilities 355 315