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Question NO.1 Statement of cash flows and report to management The management of Locale Ltd is worried because the bank overdraft has increased by a substantial amount over the financial year ended 30 June 2021 despite a large profit and the introduction of additional capital. The internal comparative statements of financial osition at 30 June 2020 and 2021 were as follows. (24 marks in total, 1 mark each cell) 2U21 for Locale Ltd, prepared for management purposes, is shown below. Question NO.1 Statement of cash flows and report to management The management of Locale Ltd is worried because the bank overdraft has increased by a substantial amount over the financial year ended 30 June 2021 despite a large profit and the introduction of additional capital. The internal comparative statements of financial osition at 30 June 2020 and 2021 were as follows. (24 marks in total, 1 mark each cell) 2U21 for Locale Ltd, prepared for management purposes, is shown below