Ferns Bhd is a manufacturer of biscuits and beverages. Given below are the financial statement of the company for the year ended 31 December 2015:

Ferns Bhd Statement of profit or loss for the year ended 31 December 2015
	RM000
Revenue/	60,000
Cost of sales /	(32,400)
Gross profit	27,600
Distribution costs/	(7,800)
Administration expenses /	(8,900)
Finance costs	(1,050)
Profit before taxation	9,850
Income tax expense	(650)
Profit for the year	9,200

Ferns Bhd Statement of financial position as at 31 December
	2015	2014
	RM000	RM000
Non-current assets
Property, plant and equipment	16,100	10,250
Investment property	180	250
Intangible assets	1,850	1,100
Current assets
Inventories	5,500	2,600
Trade receivables /	1,500	900
Cash and cash equivalents	1,080	850
Tax recoverable	150	-
Total assets	26,360	15,950
Equity
Ordinary share capital	9,500	7,000
Reserves	7,760	2,950
Non-current liabilities
10% Loan	-	2,000
Deferred tax	1,700	800
Environmental provision	3,300	-
Current liabilities
10% Loan/	2,000	-
Tax payable	-	1,500
Trade payables	2,100	1,700
Total equity and liabilities	26,360	15,950

Additional information:

1. During the year the company disposed of an equipment with a carrying amount of RM1,000,000 and was sold for RM750,000. Depreciation for the year was RM1,100,000. //

1. The loss on disposal of equipment and the depreciation expense was charged to administrative expenses. /

1. During the year ended 31 December 2015, the acquired an intangible asset for RM950,000.

1. Investment property was measured using fair value model. Any change in fair value was included in administrative expenses.

Required:

1. Prepare Statement of Cash Flows for the year ended 31 December 2015 using direct method, in accordance with the requirements of MFRS 107 Statement of Cash Flows.