2017 70 -35 35 Using the following information calculate CF using Direct method BS - S000 2016 2017 PL - S000 Current assets Sales Cash 0 0 COGS Debtors 34 70 Gross profit Stock 80 120 114 190 Depreciation Other expenses Fixed assets Operating profit AT cost 70 150 Less accumulated Depreciation -30 -40 Interest Expense 40 110 Pre-Tax Profit Investments Total Assets 170 320 -10 -5 20 -12 8 16 20 Current Liabilities Bank overdraft Creditors 0 48 48 30 30 140 170 Medium term loans 50 Capital and Reserves Ord. Shares General Reserve Retained Earnings 30 10 30 10 60 320 52 170