Prepare a Cash Flow Statement of Bulbul Ltd. on the basis of information given in the Balance Sheets:

Balance Sheets Liabilities 2006-07 2007-08 Assets 2006-07 2007-08 Rs. Rs. Rs. Rs.

Equity Share Capital 4,00,000 5,00,000 Goodwill 70,000 50,000 12% Debentures 2,00,000 1,50,000 Land and Building 5,00,000 8,00,000 General Reserve 1,00,000 1,80,000 Machinery 1,20,000 1,30,000 Creditors 40,000 60,000 Debtors 10,000 20,000 Bills Payable 80,000 75,000 Stock 1,40,000 20,000 Outstanding Exps. 55,000 65,000 Cash 35,000 10,000 8,75,000 10,30,000 8,75,000 10,30,000