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FIND CASH FLOW FROM INVESTING ACTIVITIES Additional information (a) The entity sold some tangible non-current assets, which had a net book value of $200 million.
FIND CASH FLOW FROM INVESTING ACTIVITIES
Additional information
(a) The entity sold some tangible non-current assets, which had a net book value of $200 million. The cost of sales figure includes a loss of $10 million on this disposal.
(b) Cost of sales is arrived at after charging depreciation on the tangible non-current assets of $42 million.
(c) Dividends paid during the year were $55,000
20X1 20X0 $m $m $m 1,580 1,000 Non-current assets Tangible assets Current assets Inventory Receivables Prepaid distribution costs Cash at bank and in hand 250 450 4 220 2,504 130 360 2 144 1,636 Capital and reserves Issued share capital Share premium account Revaluation reserve Accumulated profits 120 88 203 877 1,288 100 49 130 315 594 Non-current liabilities Loans Deferred tax 800 10 700 7 810 707 Current liabilities Trade payables Accrued administrative expenses Income tax 374 6 310 3 26 22 406 335 1,636 2,504Step by Step Solution
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