1. Textiles Limited is a public listed company. Its summarized financial statements for the years ended 31 December 2020 and the comparative figures are shown below: Statements of comprehensive income for the year ended 31 December 2020 Tk. m 2,700 (1,890) 2019 Tk. m 1,820 (1,092) Revenue Cost of sales Gross profit Distribution costs Administrative expenses Finance costs Profit before tax Income tax expense Profit for the year 810 (230) (345) (40) 195 (60) 135 728 (130) (200) (5) 393 (113) 280 Statements of financial position as at 31 December 2020 Tk. m Tk. m 2019 Tk. m Tk. m Assets Non-current assets Property, plant and equipment Intangible asset: manufacturing license Investment at cost: shares 600 300 230 1,130 410 200 Nil 610 200 110 195 75 nil 395 120 305 1,525 915 Current assets Inventory Trade receivables Bank Total assets Equity and liabilities Equity and Reserve Equity shares of Tk.1 each Reserves Retained earnings 350 250 375 295 725 545 100 100 300 400 Nil 100 Non-current liabilities 5% loan notes 10% secured loan notes % Current liabilities Bank overdraft Trade payables Current tax payable Total equity and liabilities Nil 100 210 160 90 400 110 270 1,525 915 The following information is relevant: 1. Depreciation/amortization charges for the year ended 31 December 2020 were: Tk. m Property, plant and equipment Intangible asset: manufacturing license 115 25 2. 3. There were no sales of non-current assets during the year. The company declared and paid dividend in the year of 2020 accordingly. Required: Prepare the statement of cash flows for the year ended 31 December 2020 for Tangier in accordance with the indirect method in accordance with IAS 7: Statement of cash flows. Explanation notes are mandatory