The following information has 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 accounts receivable as a result of alleged poor credit control.

2 During the year to 31 December 2009, non-current 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 statement of cash flows using the IAS 7 indirect method for the year to 31 December 2009.

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Income Statement extracts for the year ending 31 December Profit before taxation Taxation Profit for the year 2009 2008 Note: Dividends paid 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