FE measured the non-controlling interests in LT at its proportionate share of the fair value of the net assets of LT at the acquisition date. 1. The total comprehensive income attributable to non-controlling interests for the year ended 31 December 2021 was R200 000. 2. There were no disposals of property, plant and equipment in the year. Depreciation charged in the year ended 31 December 2021 was R1 500 000. 3. FEs share of associates profit after tax for the year ended 31 December 2021 was R900 000. 4. FE paid a dividend in the year of R1 million. Required: Prepare the following extracts from the consolidated statement of cash flows for the FE group for the year ended 31 December 2021, in accordance with IAS 7 Statement of Cash Flows: i) Cash flows from investing activities; and ii) Cash flows from financing activities

Question 3: (10) FE holds investments in a number of subsidiaries and associate entities and made one change to its holdings in 2021, which was the acquisition of LT. The statement of financial position of the FE group as at 31 December 2021 and its comparative are shown below: 2020 R000 Statement of financial position as at 31 December 2021 ASSETS R000 Non-current assets Property, plant and equipment 24 000 Goodwill 6 300 Investment in associates 5 200 35 500 Current assets 42 500 Total assets 78 000 20 200 5 800 4 700 30 700 31 700 62 400 15 000 EQUITY AND LIABILITIES Equity attributable to owners of the parent Share capital (R1 ordinary shares) Share premium Revaluation reserve Retained earnings Non-controlling interests Total equity 18 000 1 000 2 000 12 500 33 500 9 200 42 700 7 600 22 600 8 800 31 400 Non-current liabilities Long-term borrowings Current liabilities Total liabilities Total equity and liabilities 16 000 19 300 35 300 18 000 13 000 31 000 78 000 62 400 Additional information: 1. FE acquired 70% of the ordinary shares of LT on 1 July 2021 for a cash consideration of R400 000 plus the issue of 1 million R1 ordinary shares in FE. On 1 July 2021 the fair value of an FE share was R1.50. On 1 July 2021 the fair values of the net assets of FE were as follows: Property, plant and Equipment Inventories Receivables Cash and cash equivalents Payables R000 1 000 800 900 150 (850) 2 000 FE measured the non-controlling interests in LT at its proportionate share of the fair value of the net assets of LT at the acquisition date. Question 3: (10) FE holds investments in a number of subsidiaries and associate entities and made one change to its holdings in 2021, which was the acquisition of LT. The statement of financial position of the FE group as at 31 December 2021 and its comparative are shown below: 2020 R000 Statement of financial position as at 31 December 2021 ASSETS R000 Non-current assets Property, plant and equipment 24 000 Goodwill 6 300 Investment in associates 5 200 35 500 Current assets 42 500 Total assets 78 000 20 200 5 800 4 700 30 700 31 700 62 400 15 000 EQUITY AND LIABILITIES Equity attributable to owners of the parent Share capital (R1 ordinary shares) Share premium Revaluation reserve Retained earnings Non-controlling interests Total equity 18 000 1 000 2 000 12 500 33 500 9 200 42 700 7 600 22 600 8 800 31 400 Non-current liabilities Long-term borrowings Current liabilities Total liabilities Total equity and liabilities 16 000 19 300 35 300 18 000 13 000 31 000 78 000 62 400 Additional information: 1. FE acquired 70% of the ordinary shares of LT on 1 July 2021 for a cash consideration of R400 000 plus the issue of 1 million R1 ordinary shares in FE. On 1 July 2021 the fair value of an FE share was R1.50. On 1 July 2021 the fair values of the net assets of FE were as follows: Property, plant and Equipment Inventories Receivables Cash and cash equivalents Payables R000 1 000 800 900 150 (850) 2 000 FE measured the non-controlling interests in LT at its proportionate share of the fair value of the net assets of LT at the acquisition date