8% debenture loan 2022 -		76
Equity
Ordinary shares of	5100	5950
Share premium account	2550	2975
Revaluation reserve	340	374
Retained earnings	290	8058
	10,064	19,643

Other information available: The company sold some equipment for cash which had been depreciated to a net book value of 350,000. REQUIRED: (a) Prepare a cash flow statement for Simon plc for the year to 31 December 2019

Simon ple is a furniture manufacturer. The following information is available income statement for the year to 31 December 2019 0.00 Revenue 26,605 Cost of sales 14450 Gross Profit 12.155 Depreciation 714 Administrative expenses 1496 Operating Profit 9.945 Profit on disposal of equipment 170 Interest expense 6. Profit before taxation 10,047 Taxation 2040 Profit for the financial year 8,007 Statement of financial position as at 31 December 2018 and 2019 2018 000 2019 000 4,505 2,720 4,539 3,145 Assets Non current assets Land Equipment NBV Current Assets Inventory Trade receivables Cash 2.295 340 204 10,064 2,380 265 9,314 19.643 Equity and Liabilities Current Lisbilities Trade Payables Tax payable Accrued interest Non.current liabilities 212 1,530 42 136 2,040 34