The following summarised statements of financial position relate to Track Limited:

Additional information:
1 During the year to 30 June 2018, some non-current assets originally costing £25,000 had been sold for £20,000 in cash. The accumulated depreciation on these non-current assets at 30 June 2017 amounted to £10,000. Similarly, some of the investments originally costing £150,000 had been sold for cash at their book value.
2 The taxation balances disclosed in the above statements of financial position represent the actual amounts agreed with the Revenue and Customs. All taxes were paid on their due dates. Advance corporation tax may be ignored.
3 A dividend of £130,000 was paid during the year to 30 June 2018.
4 During the year to 30 June 2018, the company made a 1-for-2 rights issue of 250 ordinary £1 sharesat 120p per share.

Required:
Prepare Track Ltd’s statement of cash flows for the year to 30 June 2018 in accordance with the requirements of IAS 7 using the indirect method.

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Non-current assets at cost Less Accumulated depreciation Investments at cost Current assets Inventory Accounts receivable Cash and bank Statements of Financial Position at 30 June Total assets Current liabilities Bank overdraft Accounts payable Taxation Total liabilities Net assets Equity Called-up share capital (£1 ordinary shares) Share premium account Retained profits 2018 £000 650 300 350 50 400 700 1,550 2,250 2,650 60 920 190 1,170 1,480 750 200 530 1,480 2017 £000 500 200 300 200 500 400 1,350 100 1,850 2,350 800 230 1,030 1,320 500 150 670 1,320