2. 18.

Calculating cash flows [LO 2.2] Lilli Pilli Plants had the following operating results for 2020: Revenue = $33 106; Cost of sales =

$23 624; Depreciation expense = $5 877; Finance cost = $2 650;

Dividends paid = $1 888. At the beginning of the year, net non-current assets were $19 820, current assets were $6 970 and current liabilities were $3 920. At the end of the year, net non-current assets were

$24 394, current assets were $8 612 and current liabilities were $4 575.
Tax for 2020 was $210.
1. What is profit for the year for 2020?
2. What is the operating cash flow for 2020?
3. What is the cash flow from assets for 2020? Is this possible?
Explain.
4. If no new debt was issued during the year, what is the cash flow to creditors? What is the cash flow to shareholders? Explain and interpret the positive and negative signs of your answers in (a)
through (d).