The Balance sheets of A Ltd. as at March 31, 2004 and 2005 are given below:

31-3-04 31-3-05 Rs. Rs.

Share Capital 6,00,000 7,00,000 Capital Reserves — 20,000 General Reserves 2,80,000 3,10,000 Profit and Loss Account 70,000 90,000 Debentures 3,00,000 2,00,000 Current Liabilities 1,30,000 1,20,000 Provision For Income tax 80,000 60,000 Proposed Dividend 40,000 50,000 15,00,000 15,50,000 Fixed Assets at cost 10,00,000 10,00,000 Less: Depreciation 2,60,000 3,10,000 7,40,000 6,90,000 Trade Investment 1,10,000 90,000 Current Assets 5,20,000 6,50,000 Preliminary Expenses 1,30,000 1,20,000 15,00,000 15,50,000 During the year ended 31st March, 2005, the company: 1.

Sold one machine for Rs. 40,000, the cost of which was Rs. 80,000 and the depreciation provided on it was Rs. 30,000 2.

Provided Rs. 1,00,000 as depreciation 3.

Redeemed the Debentures at Rs. 105. 4.

Sold some trade investment at a profit which was credited to Capital Reserve. 5.

Decided to write off Fixed Assets (fully depreciated) costing Rs. 20,000. 6.

Decided to value opening stock at cost which was valued. Previously at cost less 10%. The opening stock according to books of account was Rs. 63,000. The closing stock was correctly valued at cost.

Prepare a Funds Flow Statement for correctly the year ended 31st March, 2005 showing the changes in working capital.