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Can u answer all The summarised financial statements for LWM Berhad for the years ended 31 December 2018 and 2019 are as follows: Statement of

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The summarised financial statements for LWM Berhad for the years ended 31 December 2018 and 2019 are as follows: Statement of Financial Position as at 31 December 2018 and 2019 2019 2018 RM'000 RM'000 RM'000 RM'000 Non-current assets: Property, plant and equipment 1,695.00 1,410.00 Investments at fair value 225.00 187.50 1,920.00 1,597.50 Current assets: Inventories 720.00 765.00 Trade receivables 525.00 652.50 Bank 202.50 1,447.50 52.50 1,470.00 Total assets 3,367.50 3,067.50 Equity and liabilities: Equity share of RM1 each Revaluation reserve Retained earnings 750.00 90.00 1,668.00 2,508.00 450.00 37.50 1,575.00 2,062.50 180.00 27.00 30.00 37.50 207.00 67.50 Non-current liabilities: Long term borrowing Deferred tax Current liabilities: Trade payables Bank overdraft Current tax payable 525.00 37.50 90.00 832.50 60.00 45.00 652.50 3,367.50 937.50 3,067.50 Statement of Profit or Loss for the year ended 31 December 2019 RM'000 Revenue 2,178.00 Less: Cost of sales 1,665.00 Gross profit 513.00 Less: Operating expenses 187.50 325.50 Less: Finance costs 42.00 Gain on investments 22.50 Profit before tax 306.00 Less: Income tax expense 85.50 Profit after tax for the year 220.50 You are provided with the following additional notes: (1) Included in property, plant and equipment is a piece of land purchased in 2018 for RM375,000. This land was revalued to RM427,500 in 2019. Depreciation of property, plant and equipment for 2019 was RM382,500. There were no disposals of property, plant and equipment in 2019. (2) The market value of the investments had increased during the year by RM22,500. This amount was included within gain on investments in the statement of profit or loss. There were no sales of these investments during the year. (3) On 1 April 2019, there was a bonus issue of equity shares of one for every five held utilising the retained earnings account. Additional shares were issued for cash on 1 June 2019. No shares were redeemed during the year. (4) Dividends of 5 per cent per share were paid on 1 September 2019. Required: (a) Prepare a statement of cash flows of LWM Berhad for the year ended 31 December 2019 under the indirect method. You are required to show all the relevant workings. (20 marks) (b) Analyse the cash position of LMW Berhad for the year ended 31 December 2019. (10 marks)

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