You have the following extracts from the income statement account and statement of financial position for Grow Hire Ltd, a transport company.

There were no sales of property, plant and equipment during the year.

1. Profit is after adding interest received £13,000 and deducting interest paid £6,500.

2. Dividends paid were £35,800.

3. There were no sales of property, plant and equipment during the year.

Required:

Prepare a statement of cash flows using the indirect method for the year ended 31 December 2012.

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Grow Hire Ltd Income Statement Year Ended 31 December 2012 (extracts) Profit before Taxation (Note) Taxation paid Profit for year 000 112,000 (33,600) 78,400