Denver Construction Company has the following crude information of usage and application of cash and cash equivalents. The companys net income during the year was OMR 405,000. The company has a records of accumulated depreciation on December 31, 2019 was OMR 600,000 and accumulated depreciation on December 31, 2018 was OMR 585,000. The value of building materials was decreased by OMR 150,000 and the accumulated liabilities were decreased with OMR 25,000.

The company has received proceeds from sale of investments of OMR 100,000. The value of Gross plant assets on Dec. 31, 2019 was OMR 950,000 and on Dec. 31, 2019 was OMR 850,000. During the year, Plant assets acquired in exchange of capital stock for OMR 35,000 and repayment of loan from third party was OMR 30,000.

The value of capital stock on Dec. 31, 2019 was OMR 950,000 and on Dec. 31, 2018 was OMR 850,000. The company paid cash dividends of OMR 130,000 and repayment of bonds payable was OMR 75,000.

The value of the investments in the beginning of the year was OMR 710,000, during the year some of the investments were sold out for OMR 700,000. The closing balance of investments was OMR 650,000 and the gain on sale was OMR 40,000.

Accounts payable at the beginning of the year was OMR 450,000 and OMR 600,000 was shown at the end of the year. During the year accounts receivable was increased by OMR 225,000.

Cash and cash equivalents in the beginning was OMR 575,000.

Required:

Imagine that you are an accountant of this organization and required to prepare a Statement of Cash Flows under indirect method.

Write down the Notes for each contents of Statement of Cash Flows according to IAS 7.