6.6 The following financial statements for Blackstone plc are a slightly simplified set of published accounts. Blackstone plc is an engineering business that developed a new range of products in 2011. These products now account for 60 per cent of its sales revenue.

Income statement for the years ended 31 March 2014 2015 Notes £m £m Revenue 7,003 11,205 Cost of sales (3,748) (5,809)
Gross profit 3,255 5,396 Operating expenses (2,205) (3,087)
Operating profit 1,050 2,309 Interest payable 1 (216) (456)
Profit before taxation 834 1,853 Taxation (210) (390)
Profit for the year 624 1,463 Statements of financial position as at 31 March 2014 2015 Notes £m £m ASSETS Non-current assets Property, plant and equipment 2 4,300 7,535 Intangible assets 3 – 700 4,300 8,235 Current assets Inventories 1,209 2,410 Trade receivables 641 1,173 Cash at bank 123 –
1,973 3,583 Total assets 6,273 11,818 EQUITY AND LIABILITIES Equity Share capital 1,800 1,800 Share premium 600 600 Capital reserves 352 352 Retained earnings 685 1,748 3,437 4,500 Non-current liabilities Borrowings – bank loan (repayable 2018)
1,800 3,800 Current liabilities Trade payables 931 1,507 Taxation 105 195 Borrowings (all bank overdraft) – 1,816 1,036 3,518 Total equity and liabilities 6,273 11,818 Required:
Prepare a statement of cash flows for Blackstone plc for the year ended 31 March 2015.