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Financial information for Lion PLC for the year ended 31 December 2019 2019 2018 BWP (Pula) BWP (Pula) Cash 410 350 Receivable 1,605 1,552 Inventories

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Financial information for Lion PLC for the year ended 31 December 2019 2019 2018 BWP (Pula) BWP (Pula) Cash 410 350 Receivable 1,605 1,552 Inventories 920 897 Current Assets 2.935 2,799 Property, Plant & Equip 5,243 4,581 Accumulated depreciation 2,830 2,410 Net 2,413 2,171 Total Assets 5,348 4,910 Accounts payables 844 757 Accrued taxes 150 100 Current liabilities 994 857 Long term debt 312 2,634 Total Liabilities 1,306 3,491 Common Stock 900 800 Paid in capital in excess of par 1,920 Retained earnings 1,222 679 Total Liabilities and Equity 5,348 4,970 Sales 6,418 Cost of goods sold 3,178 Admin & Distribution expenses 1,515 EBIT 1,725 Interest expense 92 Page 8 of 11 EBT 1,633 Tax at 30% 490 Net Income 1,143 Additional information: 1. In 2019, dividends paid were BWP 600. 2. There were no disposal of Property, Plant and Equipment during the year. Required; Compute the free-cash flows for Lion PLC

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