NUOVUN 2 Required: Based on the information given, prepare the statement of cash flows for Antartic Bhd for the ye ended 31 December 2019. Extracts of the financial statements for Satin Biru Bhd for the year ended 31 March 2019. Satin Biru Bhd Statement of Profit or Loss and Other Comprehensive Income for the year ended 31 March 2019 RM Profit from operations Finance costs Profit before tax Income tax Profit for the year 819,640 (89,600) 730,040 (245,700) 484,340 Satin Biru Bhd Statement of Financial Position as at 31 March 2019 2019 2018 (RM) (RM) ASSETS Current assets Inventories 430,040 285,550 Trade receivables 342,700 224,150 Cash and cash equivalents 2,470 13,800 Non-current assets Property, plant and equipment Intangible assets 982,600 580,040 2,337,850 797,500 386,900 1,707,900 LIABILITIES Current liabilities Borrowings Bank overdraft Trade payables Tax payable Accrued interest Non-current liabilities Borrowings 115,600 51,200 146,700 201.800 9.750 51.000 27.230 135,900 192.520 12.350 567.400 123,000 EQUITY Share capital Share premium Betained earning 312.00 398,200 534.800 2,337.850 2 500 351.000 282.100 1.707.900 F Tax payable Accrued interest Non-current liabilities Borrowings 146,700 201,800 9,750 135,900 192,520 12,350 567.400 423,000 EQUITY Share capital 312,400 232,800 Share premium 398,200 351,000 Retained earnings 534,800 282,100 2,337,850 1,707,900 Additional information: (1) Included in profit from operations is a loss of RM84,810 due to the disposal of machinery in the year. This machinery had a carrying amount of RM127,800 at the disposal date. (ii) The depreciation charge for the year was RM232.900. (ili) Included in trade and other payables at 31 March 2019, is an amount of RM13.900 for purchase of an item of property, plant and equipment in the year that has not yet been paid for. (iv) Intangible assets costing RM251,340 were purchased in cash during the year. Intangible assets with a carrying amount of RM17.000 were sold for RM24,000 during the year. The profit on disposal is included in the operating costs. (v) In April 2018, Satin Biru Bhd made a bonus issue of one for every ten ordinary shares, utilizing share premium reserve. New shares were issued in November 2018, in cash. The new shares were issued at premium. (vi) Satin Biru Bhd declared and paid a dividend during the year. Based on the information given, prepare the statement of cash flows for the year ended 31 March 2019. (Adapted from ICAEW.2012)