The following are the financial statements for Nailsea plc for the years ended 30 June 2006 and

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The following are the financial statements for Nailsea plc for the years ended 30 June 2006 and 2007: image text in transcribed

There were no disposals of non-current assets in either year.
Dividends were paid in 2006 and 2007 of £40 million and £45 million, respectively.
Required:
Prepare a cash flow statement for Nailsea plc for the year ended 30 June 2007.

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Financial Accounting For Decision Makers

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Authors: Dr Peter Atrill, Eddie Mclaney, Sin Autor

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The following are the financial statements for Nailsea plc for the years ended 30 June 2006 and

Question:

Income statement for years ended 30 June 2006 2007 m m Revenue Operating expenses Depreciation Operating profit Interest payable 1,230 2,280 (722) (1,618) (270) (320) 238 342 (27) Profit before taxation 238 315 Taxation (110) (140) Profit for the year 128 175 Balance sheets as at 30 June

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Financial Accounting For Decision Makers

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