a51 5 Illustration 5. Deepak Chemicals presents the town heets as at 31-03-10 and 31-03-09. You are required to prepare cash flow statement. (Rs.in thousand) Balance Sheet 31-03-10 31-03-09 Equity share capital 8500 7000 General Reserve 3800 4000 Profit & Loss Account 0 250 Share Premium Account 1500 750 Shareholders' Funds 13800 12000 Secured Loans 4800 500 Unsecured Loans 5350 4000 Loan Funds 10150 9000 Sources 23950 21000 Fixed Assets Gross Block 22400 21000 Accumulated Depreciation HO 3200 Net Block 19950 17800 Capital Work-in-progress 1860 0 Investments 1650 2320 Current Assets, Loans & Advances Inventories 2150 Debtors 1090 Cash & Bank Balances 120 Loans 1700 Advance Tax Creditors 1050 1200 Outstanding expenses 30 0 Tax Provision O 500 Proposed Dividend 3400 2800 480 4500 Net Current Assets 9-40 280 Miscellaneous Expenditure 550 600 Applications 23950 21000 Other Information (1) Fixed assets costing Rs 4,00,000, accumulated depreciation Rs 3,00,000 were sold for Rs 1,50,000 (2) Actual tax liability for 2008-09 was Rs. 5,00,000 (3) Loans represent long term loans given to group companies. (4) Interest on loan funds for 2008-09 was Rs. 14,21,000 and interest and dividend income were Rs. 4,02,000. (5) Investments casting Rs.20,00,000 were sold for Rs. 25,00,000