(25 MARKS) QUESTION 3 Sime Garby Berhad is a publicly listed company. The following is the Statement of Profit and Loss and the Statements of Financial Position for the company for the year 2017: Statement of Profit or Loss for the year ended 31 December 2017 2017 2016 RM000 BM'000 25.500 17.250 Revenue Cost of sales (14,800) (10.350) Gross profit 10,700 6.900 Distribution costs (2,700) (1.850) Administrative expenses (2,100) (1.450) Finance costs (650) (100) Profit before tax 5,250 3,500 Income tax expense (2,250) (1,000) Profit for the year 3,000 2,500 Statement of Financial Position as at 31 December 2017 2017 2016 RM 000 RM"000 RM'000 RM'000 Assets Non-current assets Property, plant and equipment 9.500 5,400 Intangibles 8,200 17,700 5,400 Current assets Inventory 3,600 1,800 Trade receivables 2,400 1,400 Bank 6,000 4,000 Total assets 23,700 12,600 ni! 7,200 Equity and liabilities Equity shares of RM1 each Retained earnings 5,000 4,500 9,500 5,000 2,250 7,250 Non-current liabilities 5% loan notes 8% loan notes 2,000 2,000 7,000 Current liabilities Trade payables Bank overdraft Current tax payable Total equity and liabilities 2,800 200 2,150 nil 1,200 2,200 5,200 23,700 3,350 12,600 Additional information: There were no disposals of non-current assets during the period. - Depreciation of property, plant and equipment for the year ended 31 December 2015 was RM640,000. Required: Prepare the Statement of Cash Flows for Sime Garby Berhad for the year ended 31 December 2017 in accordance with MFRS 107 Statement of cash flows (using indirect method)