Following were the financial statement of SINO Berhad provided:

SINO Berhad Statement of financial position as at 30 June
	2021	2020
	RM'000	RM'000
Non-current assets
Property, plant and equipment	19,500	12,510
Investments (3 years)	1,035	1,020
	20,535	13,530
Current assets
Inventories	3,690	1,920
Trade receivables	6,900	5,295
Investment (9 months)	-	300
Cash	3,150	1,455
	13,740	8,970
Current liabilities
Trade payables	3,660	4,665
Bank overdraft	6,555	3,105
Tax payable	75	-
	(10,290)	(7,770)
Non-current liabilities
Debentures	(11,340)	(8,325)
Net Assets	12,645	6,405
EQUITY
Capital and reserves
Share capital	10,905	6,015
Retained profits	1,740	390
	12,645	6,405

1. General and administrative costs are represented by depreciation RM435,000 and other operating expenses of RM1,290,000.

2. The short-term investment is not considered as cash equivalents and it was disposed of at a profit of RM75,000.

3. Dividends paid during the year were RM735,000.

In accordance with MFRS107(IAS 7) Statement of cashflow, required:

1. Prepare Statement of cashflow for the year ended 31 December 2021 using the indirect method.

SINO Berhad Profit and loss statement for the year ended 30 June 2021 RM'000 Sales 17,430 Cost of goods sold (12,990) Gross profit 4,440 Selling & distribution costs (705) General & administrative cost (1,725) Operating profit 2,010 Interest revenue 1,185 Interest expense (825) Gain on disposal of 75 investment Profit before taxation 2,445 Taxation (360) 2,085 Profit after taxation (735) Dividends paid 1,350 Retained earnings for the financial year Retained earnings b/d 390 Retained earnings c/d 1,740