The following information relates to South Ltd for the year ended 31 December 20X0:

Required:
Prepare a cash flow statement for the year ended 31 December 20X0.

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Cash and cash equivalents at 1 January 20X0 at 31 December 20X0 000 8,952 10,043 Operating profit 4,100 Depreciation charges 1,080 Increase in working capital 165 Proceeds of sale of tangible assets (book value 116,000) 96 Issue of ordinary share capital 400 Expenses in connection with share issue 10 Purchase of intangible fixed assets 150 Purchase of tangible fixed assets 2,540 Corporation tax paid Dividends paid Interest received 2,460 1,570 2,290