A construction company, Expenso pic, has the following summaries from the profit and loss accounts and balance sheets for the year ended 30 September 2005.

1. There were no sales of fixed assets during the year.
2. The dividends paid during the year were £4,105. They have been charged to retained earnings.
Required: Prepare a cash flow statement using the indirect method and using International Financial Reporting Standards for the year ended 30 September 2005.

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000 Sales 460,750 Cost of Sales Gross Profit (328,123) 132,627 Other Income Interest received 868 133,495 Expenses includes interest paid 85,000 (123,478) Profit before Taxation 10,017 Taxation (3,005) Profit for Year 7,012