Majestoso Group Berhad consists of subsidiaries and associate companies in various industries. The consolidated financial statements were provided below: Majestoso Group Berhad Consolidated Statement of Profit or Loss for the year ended 31 December 2019 Operating profit Share of profit in associated companies Profit before taxation RM'000 4,800.00 2,800.00 7,600.00 Taxation Profit after taxation Profit attributable to: Non-Controlling Interest (NCI) Owners of the parent (1,920.00) Majestoso Group Berhad Consolidated Statement of Financial Position as at 31 December 5,680.00 1,420.00 4,260.00 5,680.00 2019 RM'000 2018 RM'000 Non-current assets Property, plant & equipment (net) 29,380.00 27,300.00 Investments in associates 10,400.00 9,600.00 Research & development 3,200.00 800.00 42,980.00 37,700.00 Current assets Inventory 11,200.00 8,800.00 Trade receivables 16,800.00 16.400.00 Short-term investments 2,400,00 400.00 Cash at bank & in hand 5,600.00 8,400.00 36.000.00 34,000.00 36,000.00 34,000.00 Current liabilities Bank overdraft 1,600.00 800,00 Trade payables 2,400.00 12,000.00 Dividend payable 1,600.00 4,800.00 5,600.00 17,600.00 Net current assets 30,400.00 16,400.00 73,380.00 54.100.00 Equity and reserves Ordinary share capital 31,200.00 21,600.00 Share premium 13,600.00 8,800.00 Retained earnings 15,460.00 11,200.00 Non-controlling interest 13.120.00 12,500.00 73,380.00 54,100.00 Additional information: 1 2 3 4 Tax charge for the year has been paid. During the year, the company sold a plant for RM1.056,000. The carrying value of the plant as at 31 December 2019 was RM896,000. Group depreciation on property, plant and equipment was RM2,544,000. Dividends paid to NCI was RM800,000 during the year. Short-term investments consist of liquid marketable money market securities and they form part of the group's cash equivalent. Required: (a) (b) Prepare the necessary workings and T-accounts for the Consolidated Statement of Cash Flow. (15 marks) Use the indirect method to prepare a Consolidated Statement of Cash Flow. (10 marks) [Total: 25 Marks]