Financial statements of Jupiter plc have been prepared as follows:

The following information should be taken into account:

(a) Shown on the right is information extracted from the company’s Statement of income for the year ended 30 June 2012.

(b) Operating expenses written off in the year include the following:

Depreciation of buildings

Depreciation of plant and equipment

Amortisation of development cost

(c) A plant which cost £80,000 was sold in the year, incurring a loss of £52,000.

(d) Some of the loan notes were redeemed in the year at a premium of 10%.

Required: 

Prepare a Statement of cash flows for the year ended 30 June 2012.

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Statements of financial position as at 30 June Non-current assets: Land and buildings Plant and equipment Development cost Investments Current assets: Inventory Trade receivables Cash and bank balance 2012 2011 £'000 £'000 £'000 £'000 £'000 £'000 1,360 (240) 1,120 1,240 (180) 520 720 (280) 180 140 840 (320) 555 482 3 1,040 3,000 624 396 14 1,060 440 160 100 1,034 2,794