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IN Vextex Ltd Income Statement For the year ended 30 June 2003 $ 000 $ 000 85,815 176 Sales Interest Received Gain on Sale Disposal

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IN Vextex Ltd Income Statement For the year ended 30 June 2003 $ 000 $ 000 85,815 176 Sales Interest Received Gain on Sale Disposal of Assets Total Revenue 86,025 Expenses: Cost of Goods Sold Salaries Rent Interest General Depreciation Amortisation of Goodwill 42,200 3,490 2,224 2,800 27,722 4,844 406 Total Expenses before Taxation Profit before Taxation Taxation Expense Profit after Taxation 83,686 2,339 1,155 1,184 CF 2 (continued) Vextex Ltd Balance Sheet As at 30 June 2003 2003 $ 000 2003 $ 000 2002 $ 000 2002 $ 000 Current Assets Cash Prepayments Accounts Receivable Inventory 1,490 1,000 14,096 10,512 5,669 1,000 11,538 10.846 27,098 29,053 Current Liabilities Accounts Payable GST Payable Employees Entitlements Income Tax Payable 9,182 821 500 100 9,475 589 600 28 (10,603) (10,692) Non Current Assets Long term Investments Land Plant & Equipment Less Accum Depn Goodwill 2,373 286 42,502 (12,772) 5.810 2,476 286 34.420 (8,509) 6.216 38,199 34,889 Non Current liabilities Term Loan (32,574) (48,289) 22,120 4,961 Total Net Assets Equity Share Capital Retained Earnings Total Shareholders' Equity 21,107 1,013 3,177 1.784 22,120 4,961 Additional information: Dividends paid during the year were $1,955,000. Shares issued to the public by way of a public float, during the year amounted to $17,930,000. Term loans repaid during the year were $15,715,000 Plant & Equipment was purchased during the year for $9,354,000 cash (excluding GST) . During the year Plant and Equipment was also sold Required: Prepare a Cash flow Statement to be included in the annual financial statements, using the indirect method to calculate the cash flows from operating activities. Round any calculation to the nearest $ 000

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