Cash in hand	7	0
	2 072	1 459
Total Assets	4 277	3 317
Equity and Liabilities
Equity
Share Capital ($1 each)	700	560
Share Premium	560	490
Revaluation	350	318
Retained earnings	910	630
	2 520	1 998
Non-Current Liabilities
Bank mortgage	595	175
Current Liabilities
Trade payables	672	416
Bank overdraft	0	343
Tax	490	385
	1 162	1 144
Total liabilities	1 757	1 319
Total equity and liabilities	4 277	3 317

Additional information,

Investment sold for $275,000.

A plant was disposed for $112,000 whose cost was $297,000 and accumulated depreciation was $140,000

During the year,

140,000 shares were issued at $ 1.50 per share

Dividend was paid for $280,000.

Depreciation was charged at $315,000.

Short term investment can be classified as cash and equivalent.

Required

You are required to prepare a Cash flow statement for the LMN (Pty) Ltd for the year ending 31 March 2022. (25 marks)

LMN Ltd is a wholesaler who manufactures tiles in different sizes and sell them to retailers in Botswana. The following information is provided by LMN Ltd and the company prepares its financial statement every year by the end 31 March. \begin{tabular}{|l|r|} \hline Interest received & 88 \\ \hline Interest paid & (262) \\ \hline Profit before tax & 1050 \\ \hline Tax & (490) \\ \hline Profit for the year & 560 \\ \hline \end{tabular}