Answer the all questions related to the Funtastic Ltd using the Consolidated Cash Flow Statement for the year of 2019,2018 and 2017

1. a) What are the major sources of cash for each firm? What are the major uses of cash for each firm?

b) What was the trend in cash flow from (continuing) operations for each firm?

c) Was the firm able to generate enough cash from operations to pay for all of its capital expenditures?

d) Did the cash flow from operations cover the dividend payment made by the firm (if any)?

f) If the firm has generated excess cash from operations, how did the firm invest the excess cash? If not, what were the sources of cash the firm used to pay for the capital expenditures and/or dividends?

g) What other major items affected cash flows for each firm?

1. i) What was the trend in capital expenditures for each firm?

2. j) What was the trend in dividends (if any) for each firm?

3. k) What was the trend in net borrowing (proceeds from borrowing less payments

   of short- and long-term debt) for each firm?

Consolidated Statement of Cash Flow FOR THE YEAR ENDED 31 JULY 2019 Note Year ended Year ended 31-Jul-19 31-Jul-18 $'000 S'000 31,119 46,463 (54,777) (38,616) (7,497) (8,314) 49 29 (562) (8,030) (1,917) (10,182) 25(c) 1 2 (145) (5) (147) (281) 126 Cash Flows from Operating Activities Receipts from customers Payments to suppliers and employees Cash (utilised)generated from operations Income taxes refunded (paid) Interest and other costs of finance paid Net cash outflow from operating activities Cash Flows from Investing Activities Interest and other investment income received Payments for plant and equipment Payments for other intangible assets Proceeds from sale of plant and equipment Proceeds from sale of International Net cash outflow from investing activities Cash Flows from Financing Activities Proceeds from borrowings Repayment of commercial bills Security deposit paid Proceeds from share issue Costs from share issue Net cash inflow from financing activities Net Increase/(decrease) in Cash Held Cash and cash equivalents at the beginning of the year Effects of exchange rate changes on the balance of cash held in foreign currencies Cash and cash equivalents at the end of the year The above statement of cash flows should be read in conjunction with the accompanying notu (151) (298) 5,666 2.630 (5,136) (50) 8,355 8,232 (784) 7,928 (438) 10,547 67 (253) 718 664 (13) 25(a) 465 718 Consolidated Statement of Cash Flows For the year ended 31 July 2018 Year ended 31 July 2018 $'000 Year ended 31 July 2017 $'000 Note Cash Flows from Operating Activities 61.731 46,463 (54,777) (8.314) (60,897) 834 49 (1.917) (10,182) (25) (3.559) (2.750) 270 Receipts from customers Payments to suppliers and employees Cash (utilised/generated from operations Income taxes refunded/(paid) Interest and other costs of finance paid Net cash outflow from operating activities Cash Flows from Investing Activities Interest and other investment income received Payments for plant and equipment Payments for other intangible assets Proceeds from sale of International subsidiary- Funtastic International Limited (HK) Net cash outflow from investing activities 2 439 (145) (281) 126 (888) (540) (298) (989) 2,630 3,647 8.355 (438) 10,547 3,647 Cash Flows from Financing Activities Proceeds from borrowings Proceeds from share issue Costs from share issue Net cash inflow from financing activities Net increase/(decrease) in Cash Held Cash and cash equivalents at the beginning of the year Effects of exchange rate changes on the balance of cash held in foreign currencies Cash and cash equivalents at the end of the year The above statement of cash flows should be read in conjunction with the accompanying notes 67 (92) 764 664 (13) (8) 27() 718 664