mba course, Financial Management subject

The Balance Sheets of ABC Ltd. for 2 consecutive years are given as below: ( All figures in Rs. Lacs) (Continued on the next page Prepare a Funds Flow Statement for the Company making adjustments, wherever necessary for the notes given herein below, clearly showing changes in the Net working Capital \& give your comments on the funds flow statement. i) Bonus shares issued during 2002 were of the value of Rs.320 Lacs. ii) Goods worth Rs.12 Lacs were destroyed \& not covered by insurance iii) Accumulated Depreciation Figures were - As on 31/12/2002 : Rs. 1288 Lacs ; As on 31/12/2001 : Rs. 1144 Lacs iv) Depreciation for the year ended on : 31/12/2002 - Rs. 160 Lacs . v) Gross Block of the Assets disposed off during the year was Rs. 24 Lacs. vi) A profit of Rs.4 Lacs was made on the sale of the assets in the Fy02