The statement of financial position of Aadvaark Trading Ltd at 30 November 2020 (with comparatives for 2019) is as follows:

The following information is also available:

(i) Freehold property which was valued at £500,000 on 30 November 2019 was revalued at £750,000 on 30 November 2020.

(ii) Plant and equipment with an original cost of £120,000 and accumulated depreciation of £80,000 was sold in February 2020 for £30,000.

(iii) One half of the non-current asset investments were sold for £70,000 in June 2020. Dividends received during the year to 30 November 2020 were £nil.

(iv) Interest paid and payable in the year totalled £70,000.

(v) There is no tax liability for the year to 30 November 2020. The tax liability for the year to 30 November 2019 was underestimated by £20,000.

(vi) No dividends were paid or proposed in either year.

(vii) The short-term investments were sold for £150,000 in June 2020. These ranked as cash equivalents as defined by IAS7.

Required:
Prepare a statement of cash flows for Aadvaark Trading Ltd for the year to 30 November 2020, in accordance with the requirements of accounting standard IAS7 and using the indirect method.

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Statement of financial position at 30 November 2020 Assets Non-current assets Property, plant and equipment at cost or valuation Less: Accumulated depreciation Investments at cost Current assets Inventories Trade receivables Short-term investments Bank balance Equity Share capital Share premium account Revaluation reserve Retained earnings Liabilities Non-current liabilities Long-term loans Current liabilities Trade payables Current tax payable Bank overdraft £000 2,470 850 740 1,010 660 190 2020 £000 1,620 50 1,670 1,750 3,420 500 140 550 480 1,670 900 850 3,420 £000 1,790 630 510 640 150 180 530 110 2019 £000 1,160 100 1,260 1,480 2,740 400 100 300 800 1,600 500 640 2,740