Kookies Bhd is a public listed manufacturing company. Its draft summarized financial statements for the year ended 31 December were as follows:

Statement of Financial Position as at 31 December

	2019	2018
	RM000	RM000
ASSETS
Non-current assets
Property, plant and equipment	89,000	71,000
Intangible assets	12,500	13,000
Investment	15,000	-
Investment properties	18,000	-
Current assets
Inventories	54,000	57,000
Trade receivables	67,200	40,000
Bank	3,000	9,600
	258,700	190,600
EQUITY AND LIABILITIES
Equity
Share capital	79,000	45,200
Retained earnings	48,200	40,000
Non-current liabilties
10% debentures	50,600	50,600
Current liabilities
Trade payables	66,800	37,000
Bank overdraft	12,000	13,500
Tax payable	2,100	4,300
	258,700	190,600

Statement of Profit or Loss and Other Comprehensive Income

for the year ended 31 December 2019

	RM000
Revenue	150,000
Cost of sales	(74,600)
Gross profit	75,400
Administrative costs	(21,000)
Selling costs	(9,000)
Investment income	4,208
Interest expense	(5,060)
Profit before tax	44,548
Income tax expense	(13,000)
Profit after tax	31,548

Additional information:

1. During the year, Kookies Bhd bought investment properties and made additional investment on 1 June 2019. Half of the total investment was a short-term investment and it qualifies as a cash equivalent. The investment properties are measured using fair value model.

2. There was no purchase or disposal of intangible assets during the year.

3. The changes in share capital were due to the issuance of new shares upon acquisition of new plant.

4. During the year ended 31 December 2019, a plant which had a carrying amount of RM10,000,000 was disposed of for RM8,400,000.

5. Kookies Bhd has a policy of revaluing its property and the property was revalued for the first time resulting in a deficit of RM2,000,000.

6. Depreciation charged for the year was RM9,500,000 and it was included in the administrative expenses.

Required:

Prepare the Statement of Cash Flows of Kookies Bhd for the year ended 31 December 2019 using direct method. (show notes on cash and cash equivalents and all the relevant workings)