2020 The following information for Crayton Ltd should be used to answer either question 13 or question 14. Crayton Limited Income statement for the year ended 31 March 2020 2019 m m Revenue 147.60 138.80 Cost of goods sold (97.40) (95.40) Gross profit 50.20 43.40 Operating costs (27.70) (19.50) Operating profit 22.50 23.90 Interest payable (7.40) (8.80) Profit before tax 15.10 15.10 Tax (7.20) (5.70) Profit after tax 7.90 9.40 Statement of Financial Position as at 31 March 2020 2020 m 2019 m Assets Non-current assets Property, plant and equipment -cost Property, plant and equipment - depreciation 365.00 (97.40) 329.00 (63.70) 265.30 267.60 Current assets Inventory Trade and other receivables Cash and cash equivalents 5.30 13.20 3.90 22.40 5.80 21.90 6.30 34.00 Total assets 290.00 299.30 Equity Share capital Retained earnings Total equity 85.20 47.60 132.80 82.80 43.80 126.60 Liabilities Non-current liabilities Long term loan 92.70 146.10 Current liabilities Trade payables Total liabilities 64.50 157.20 26.60 172.70 Total equity and liabilities 290.00 299.30 Question 13 Required: Using the information provided for Crayton Ltd, prepare a statement of cash flow for the year ended 31 December 2020 using the indirect method. Please note that no disposals of non-current assets were made during the year. (35 marks)