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COMPARATIVE BALANCE SHEETS AS AT JUNE 30 2020 2019 $'000's $'000's 146 134 Current Assets Cash at Bank Accounts Receivable Prepaid Insurance Inventory 52 45

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COMPARATIVE BALANCE SHEETS AS AT JUNE 30 2020 2019 $'000's $'000's 146 134 Current Assets Cash at Bank Accounts Receivable Prepaid Insurance Inventory 52 45 10 6 58 46 250 170 Non-Current Assets Machinery less Accum. Depr Machinery Investments Total Assets 90 160 60 110 50 20 476 361 42 58 Current Liabilities Accounts Payable Wages Payable Income Tax Payable 3 8 10 5 Non-Current Liabilities Loan 130 100 185 171 Total Liabilities Net Assets 291 190 Shareholders' Equity Share Capital 60 50 Retained Profits 231 291 140 190 Shopper INCOME STATEMENT FOR THE YEAR ENDED JUNE 30, 2020 $'000's 995 600 395 Net Sales Cost Of Goods Sold Gross Profit Other Revenue Gain on Sale of Assets Interest Income 20 4 24 419 + Expenses 120 72 8 40 Selling & Distribution Expenses Administrative Expenses Bad Debts Expense Depreciation Expense Interest Expense Net profit before tax Income tax expense Net profit 8 248 171 50 121 Machinery which had an historic cost of $40 000 was sola Tor $50 000 making the company a gain on disposal of assets of $20 000. Complete the Cash Flow Statement in the table provided STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 JUNE 2020 Cash Flows from Operating Activities Receipts from customers Payments to suppliers & employees Interest received Interest paid Income tax paid Cash Flows from Investing Activities Cash on Disposal of Machinery Purchase of Machinery Purchase of Investments Cash Flows from Financing Activities Loan Share capital issued Dividends paid Net increase / decrease in cash held Cash at the beginning of the year Cash at the end of the year

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