28.19 The statement of financial position of Euston Ltd as at 31 December 20X9, with corresponding amounts, showed the following: ADVANCED 20x9 20x8 ASSETS '000 '000 4.200 4,000 Non-current assets Property, plant and equipment Current assets Inventory Trade receivables Prepayments Bank 470 400 600 800 60 50 20 150 1.350 1.200 5.550 5.200 2.500 2.500 1.530 1.650 4.150 4,030 Total assets EQUITY AND LIABILITIES Equity Share capital Retained earnings Total equity Non-current liabilities 12% debentures Total non-current liabilities Current liabilities Trade payables Current tax payable Accruals Total current liabilities Total liabilities Total equity and reserves 1.000 SOO SOO 1,000 230 200 100 SO 70 90 400 370 1,400 1,170 5.550 5.200 Notes relevant to 20x9 Notes relevant to 20x9 1. Property, plant and equipment includes the following: 20x9 20XS '000 '000 '000 '000 2,000 2,000 Property, plant and equipment Freehold property at cost Plant and machinery: - Cost - Provision for depreciation Total 3,500 (1,300) 3,000 (1.000) 2,200 2,000 4,200 4,000 2. An item of plant costing 100,000 with a written-down value of 60,000 was sold at a profit of 15,000 during the year. This profit has been included in the statement of profit or loss for the year. 3. The company declared a final dividend at the end of 20x9 of 50,000 (20X8 30,000). This was page 606 approved by the shareholders one month after the reporting period end and paid two weeks after that. No interim dividend was paid during the year. 4. Tax on company profits is paid nine months after the end of the reporting period. 5. During the year ended 31 December 20X9 there was no interest received but there was debenture interest paid of 108,000. None of the debenture interest was accrued at the end of either 20x8 or 20x9. Required Prepare a statement of cash flows in accordance with IAS 7 for the year 31 December 20X9