Mas 20.30 Semento financial position May 2030 81.535.710 No current assets at cost or valuation Less Accumulated dep'n 64857942 412.350 558 400 2,702,204 3.675 514 Current assets Inventory Trade receivables Other current assets Cash and cash equivalents Total assets Equity Issued share capital Share premium Revaluation reserve Retained earnings 68,533 456 35.000.000 5.500.000 1.000.000 18.421923 59.921923 5.000.000 Liabilities Non-current liabilities Debentures Deferred tax 7,500,000 359,800 7859,800 309 SO 189,740 Current liabilities Trade payables Other payables Current tax payable Total equity and liabilities 409,800 5.140 336,793 751,730 68.533,456 04.100 5.990,00 Statement profit or loss for the ear to 3 May 2020 (25.0-SON120 IN 129.90 (158334) Revenue Cost of sales Gross profit Operating expenses Operating profil Interest paid Profit before tas Taxation Profit for the year (812.500) (27.793) 1.05.170 Note: Siyalor ple presents a separate statement of profit or loss for the year (as above) separate statement of comprehensive income The following additional information for the year ended 31 May 2020 is available 1) Dividends paid during the year were 680,000 Non-current assets which had cost 332,100 and which had a carrying a 55,910 were sold for 45,000. Any surpluses or deficits on the disposal of current assets have been included in the depreciation charge for the year. O movements in non-current assets are due to purchases of news revaluations 3) Other current assets consists of prepaid insurance. Other payables.com accrued wages and salaries. Required: Prepare a statement of cash flows for Sipfalor ple for the year ended 31 May 3000 accordance with IAS7 Statement of Cash Flows using the direct method. Aasia notes are not required. Ignore VAT. CP