a$.$ With accordance to MFRS $107$ Statement of Cash Flows, indicate the

following as operating activities $($O$),$ financing activities $($F$)$ or investing

activities $($I$).$

Example Payment received from trade debtors O

i$.$ Purchase of land

ii$.$ Repayment of debt principal

Iii Purchase of treasury shares

iv$.$ Sale of building

v$.$ Reduction of long$-$term debt

vi$.$ Purchase of common stock of another firm

vii. Payment of cash dividends

viii. Issuance of common stock

xi$.$ Purchase of inventories

x$.$ Payment of income taxes

$(10$ marks$)$

b$.$ Set out below are the financial statements of Koyoko Sdn Bhd$.$ You are the

financial controller, faced with the task of implementing MFRS $107$ Statement

of Cash Flows.

Koyoko Sdn Bhd

Statement of Profit or Loss and Other Comprehensive Income for The Year

Ended $31$ December $2023$

RM$000$

Revenue $2,553$

Cost of sales $(1,814)$

Gross profit $739$

Distribution costs $(125)$

Administrative expenses $(264)$

$350$

Interest received $25$

Finance costs $(75)$

Profit before taxation $300$

Taxation $(140)$

Profit for the period $160$

Other comprehensive income:

Surplus on revaluation of property $9$

Total comprehensive income for the period $169$

Koyoko Sdn Bhd

Statement of Financial Position As At $31$ December

$2023$

RM$000$

$2022$

RM$000$

Assets

Non$-$current assets

Property, plant and equipment $380305$

Intangible assets $250200$

Investments $-25$

Current assets

Inventories $150102$

Receivables $390315$

Fixed Deposits $50-$

Cash balances $21$

Total assets $1,222948$

Equity and liabilities

Equity

Share capital $360300$

Revaluation reserve $10091$

Retained earnings $260180$

Non$-$current liabilities

Loan $17050$

Current liabilities

Trade payables $127119$

Bank overdraft $8598$

Taxation $120110$

Total equity and liabilities $1,222948$

The following information is available:

i$.$ Proceeds from the sale of non$-$current asset investments amounted to

RM$30,000.$

ii$.$ Fixtures and fittings, with an original cost of RM$85,000$ and a carrying amount

of RM$45,000,$ were sold for RM$32,000$ during the year.

iii. The following information relates to property, plant and equipment:

$31\mathrm{.}12\mathrm{.}2023$

RM$000$

$31\mathrm{.}12\mathrm{.}2022$

RM$000$

Cost $720595$

Accumulated depreciation $340290$

Carrying amount $380305$

iv$.50,000$ ordinary shares were issued during the year.

v$.$ Dividends totalling RM$80,000$ were paid during the year.

vi$.$ Koyoko Sdn Bhd classifies interest paid as an operating cash flow, dividends

paid as a financing cash flow and interest and dividends received as investing

cash flows.

Required:

Prepare a statement of cash flows for the year to $31$ December $202$ in accordance

with the requirements of MFRS $107,$ Statement of Cash Flows, using the indirect

method. $($Show all relevant workings$).(30$ marks$)$