Extracts from Statement of financial position 2017 2018 Net non-current assets R2 900 R3 400 Current assets R650 R705 Long-term debt R1 500 R1 720 Current liabilities R265 R290 2017 Income statement 2017 Sales R8 600 Costs R4 150 Depreciation R800 Interest paid R216 3.1 What is owners equity for 2017 and 2018? (4) 3.2 What is the addition to net working capital for 2018? (4) 3.3 In 2018, LaLaLand Ltd purchased R1 500 in new non-current assets. How much in non-current assets did LaLaLand Ltd sell? What is the cash flow from assets for the year? The tax rate is 28% percent. (8) 3.4 During 2018, LaLaLand Ltd raised R300 in new long-term debt. How much long-term debt must LaLaLand Ltd have paid off during the year? What is the cash flow to lenders? (4)

Extracts from Statement of financial position 2017 and 2018

Net non-current assets R2 900(2017) R3 400(2018) Current assets R650(2017) R705 (2018) Long-term debt R1 500(2017) R1 720 (2018) Current liabilities R265 (2017) R290 (2018)

2017 Income statement Sales R8 600 Costs R4 150 Depreciation R800 Interest paid R216