The following informatiohna s been extracted from the books of Nimmo Limited for the year to 31 December 2009:

Additional information:

1. The directors are extremely concerned about the large bank overdraft as at 31 December 2009 and they attribute this mainly to the increase in trade debtors as a result of alleged poor credit control.

2. During the year to 31 December 2009, fixed assets originally costing 5,500,000 were sold for 1,000,000. The accumulated depreciation on these assets as at 31 December 2008 was 3,800,000.

Required:

Prepare a cash flow statement for the year to 31 December 2009.

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Profit and Loss Account extracts for the year ending 31 December Profit before taxation Taxation Profit after taxation Note: Dividends paid 2009 2008 Preference 100 100 Ordinary 8,000 4,000 8,100 4,100 2009 2008 000 000 20,400 9,500 (5,200) (3,200) 15,200 6,300