Cash flow statement for the year ended 31 December 2019 $ $ Cash flows from operating activities Profit before interest and tax Adjustments for: 405,500 Depreciation Write off of goodwill Gain on disposal of assets 30,000 25,000 (13,000) Increase in inventories (4,000) Decrease in trade receivables 4,000 Increase in trade payables 8,000 Interest paid (8,500) Taxation paid (115,000) Net cash flow from operating activities 332,000 Cash flow from investing activities Purchase of assets (368,000) Sale of assets 85,000 Net cash flow from investing activities (283,000) Cash flow from financing activities Issue of shares (including premium) Redemption of long-term borrowings Dividends paid 60,000 (85,000) (25,000) Net cash flow from financing activities (50,000) Net increase in cash and cash equivalents (1,000) Cash and cash equivalents at the beginning of the period 32,000 Cash and cash equivalents at the end of the period 31,000