Self-test You are required to prepare the cash flow statement for the year ended 31 December 2009 for Hilmar Trading Ltd from the information provided below:

Profit and loss account for the year ended 31 December 2009 Net profit before charging the following: 1,182 Depreciation 251 Loss on sale of fixed asset 38 289 Operating profit 893 Less interest payable 60 Profit before tax 833 Taxation 264 Profit after tax 569 Ordinary share dividend 153 Profit retained for the year 416 Add balance brought forward 1,042 1,458 Balance sheet as at 31 December 2008 2009 Fixed assets at cost 3,315 3,200 Plus additions – 191 3,315 3,391 Depreciation 476 676 2,839 2,715 Current assets Stock 43 52 Debtors 106 140 Bank 119 102 268 294 Current liabilities Creditors 13 26 Taxation 183 217 Proposed dividend 34 43 230 286 Working capital 38 8 2,877 2,723 Long-term loan 1,063 425 1,814 2,298 Share capital 723 765 Share premium 49 75 Profit and loss 1,042 1,458 1,814 2,298