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AAALtd reported the following information for the year ended 30 June 2021: 2021 2020 Bank overdraft 9,000 4,500 Dividend payable 20,000 18,000 Bank loan 210,000

AAALtd reported the following information for the year ended 30 June 2021:

2021

2020

Bank overdraft

9,000

4,500

Dividend payable

20,000

18,000

Bank loan

210,000

180,000

Share Capital

475,000

390,000

Retained earnings

176,500

210,000

Profit after tax

25,500

  • An interim dividend was paid during the year: $30,000 was paid by way of a bonus share issue, the remainder of the interim dividend was paid in cash.
  • Land was purchased during the year, with part payment made by taking out a bank loan of $50,000.
  • Repayments on bank loans for the year amounted to $40,000.

Calculate and prepare Cash Flows from Financing Activities (an extract from the Statement of Cash Flows) in accordance with AASB107 for the year ended 30 June 2021.

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