On the basis of the following information, prepare the cash flow statement for Seven Wonders Limited for
Question:
On the basis of the following information, prepare the cash flow statement for Seven Wonders Limited for the year 2016–17.
Additional Information:
1. Shortterm investments represent investment of shortterm cash surplus in highly liquid and risk free instruments.
2. The company issued bonus shares during the year with face value of ₹435 million to the existing shareholders.
3. During the year the company acquired PPE for ₹4250 million.
4. Longterm loan repaid during the year amounted to ₹1750 million.
5. Fresh longterm investment made during the year amounted to ₹765 million.
6. A dividend of ₹ 435 million was proposed during the year on which dividend distribution tax of ₹ 65 million is payable.
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