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Based on the given information, prepare a consolidated cash flow statement for the year ended 31 December 2022. Green Ltd Cash Flow Statement for the
Based on the given information, prepare a consolidated cash flow statement for the year ended 31 December 2022.
Green Ltd Cash Flow Statement for the year ended 31 December 2022:
- Net Cash from Operating Activities: £200,000
- Net Cash from Investing Activities: (£100,000)
- Net Cash from Financing Activities: £50,000
Blue Ltd Cash Flow Statement for the year ended 31 December 2022:
- Net Cash from Operating Activities: £150,000
- Net Cash from Investing Activities: (£50,000)
- Net Cash from Financing Activities: £30,000
Additional Information: Green Ltd acquired 85% of Blue Ltd on 1 January 2022. Green Ltd provided an intercompany loan of £40,000 to Blue Ltd during the year.
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