Athens Ltd wants to diversify its business for this reason company wants to know all cash movements that have arisen from different activities of the business. You are required to draft a cash flow statement in accordance with AS-3 using the direct method. ( 10 Marks)

Liabilities

2015 (Rs)

2016 (Rs)

Assets

2015 (Rs)

2016 (Rs)

Equity Share capital

3,00,000

4,00,000

Goodwill

1,15,000

90,000

Redeemable Preference shares

1,50,000

1,00,000

Land and Building

2,00,000

1,70,000

General Reserve

40,000

70,000

Plant

80,000

2,00,000

Profit and loss

30,000

48,000

Debtors

1,60,000

2,00,000

Proposed Dividend

42,000

50,000

stock

77,000

1,09,000

Creditors

95,000

1,33,000

Bills Receivable

20,000

30,000

Bills Payable

20,000

16,000

Cash in Hand

15,000

10,000

Cash at Bank

10,000

8,000

6,77,000

8,17,000

6,77,000

8,17,000

Additional information: - Depreciation of Rs. 10,000 and Rs. 20,000 have been charged

on Plant and Land and Buildings in the year 2016