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2 Below are the recent Balance Sheet and Income Statement of UOS Trading Balance Sheet as at 31.12.yyyy Yr 2021 Vr 3830 (figures in thousands)
2 Below are the recent Balance Sheet and Income Statement of UOS Trading Balance Sheet as at 31.12.yyyy Yr 2021 Vr 3830 (figures in thousands) Assets Cash Current Assets 1622 1350 Fixed Assets 6438 4500 Accumulated Depreciation (1740) (1500) Investment in affiliate 2010 1050 Total Assets 8354 6300 Liabilities Account Payable Other Accrals 590 360 260 240 Current Liabilities 850 600 Bank Loan 510 110 Bond dae in year 2030 130 130 Provision for Income Tax 60 Total Liabilities 1550 900 Equities Share Capital 4500 3300 Retained Earnings 2300 2100 Total Equity 6800 5400 Total Liabilities & Equities 1350 6300 FINO Income Statement for the Year 2011 (Figures in thousands) Sales Cost of Goods Sold Gross Profit 19950 (10698) 9252 General & Selling Expenses (7100) Depreciation (240) Gain on Sale of Fed A Earnings before Interest & Tas 1920 Interest (50) Earnings before Tax 1876 Txx (920) Net Income 958 (a) Examine the Cash Flow fres Assets (CFFA) for the Year 200 (10 (b) Examine the Cash Flow to Creditors (CFTC) for the Year 20217 Osaby (c) Examine the Cash Flow to Shareholders (CFTS) for the Year 2021 (5 marks) (4) Appesise three (3) kay points that you could draw from those thee us of a Bod (15 marks)
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