The Balance Sheets of Atual Limited is as follows:

Balance Sheets

(Figures in thousands Rs.)

Liabilities 2006 2007 Assets 2006 2007 Rs. Rs. Rs. Rs.

Equity 800 900 Fixed Assets 600 800 General Reserve 300 400 Additions 200 100 Profit and Loss A/c 200 300 800 900 Provision for Taxation 300 400 Depreciation 300 350 Overdraft 300 464 500 550 Sundry Creditors 1,200 1,000 Investments 200 Proposed Dividend 80 90 Stock 1,400 1,230 _____ _____ Debtors 1,080 1,774 3,180 3,554 3,180 3,554 Dr. Profit and Loss Account Cr.
Particulars 2006 2007 Particulars 2006 2007 Rs. Rs. Rs. Rs.
To Taxation 250 450 By Trading Profit 430 660 To Proposed By Profit on Sale Dividend 80 90 of Investment — 30 To Transfer to By Income Tax excess General provided in the Reserve 100 100 previous year - 50 To Balance c/d 200 300 By Balance from last year 200 200 630 940 630 940 1.

For the year ending 31st December, 2007, purchases were Rs. 60 lakhs and sales Rs.

70 lakhs. 2.

Trading profit for the year ending 31st December, 2007 was arrived at after charging depreciation Rs. 50,000 and directors remuneration Rs. 1,20,000.

Prepare the Cash Flow Statement.