1. Following are the balances of Jyoti limited. Prepare cash flow statement using indirect method [20 Marks] Particulars Amount (INR in lakhs) Net Profit 25,000 Dividend (including dividend tax) paid 8,535 Provision for income tax 5,000 Income tax paid during the year 4,248 Loss on sale of assets (net) 40 Book value of assets sold Depreciation charged to income statement Amortization of capital grant 185 20,000 6 Profit on sale of investments 100 Carrying amount of investments sold 27,765 Interest income on investments 2,506 Interest expenses 10,000 Interest paid during the year 10,520 Increase in working capital (excluding cash and cash 56,075 equivalents) Purchase of FA 14,560 Investments in Joint Ventures 3,850 Expenditure on construction joint venture 34,740 Proceeds from calls in arrear 2 Receipt of grant for capital projects 12 Proceeds from long term borrowings 25,980 Proceeds from short term borrowings 20,575 Opening cash and bank balances 5,003 Closing cash and bank balances 6,988