PART 2: Financial Reporting in Practice The statement of financial position of Aadvark Trading Lid at 30 November 2010 *16.8 comparatives for 2019) is as follows: Statement of financial position at 30 November 2020 2020 000 000 1.790 Assets Non-current assets Property, plant and equipment at cost or valuation Less: Accumulated depreciation Investments al cost 2.470 850 1.620 50 "169 1,670 510 740 1.010 Current assets Inventories Trade receivables Short-term investments Bank balance 1.50 180 1.750 1,40 3.420 2.0 Equity Share capital Share premium account Revaluation reserve Retained earnings 500 140 550 4180 100 300 1.670 900 900 Liabilities Non-current liabilities Long-term louns Current liabilities Trade payables Current tax payable Bank overdraft 660 530 110 190 8.50 3.420 The following information is also available: (i) Freehold property which was valued at 500.000 on 30 November 2019 valued at 750,000 on 30 November 2020. (ii) Plant and equipment with an original cost of 120,000 and accum depreciation of 80,000 was sold in February 2020 for 30,000 (iii) One half of the non-current asset investments were sold for 70,000 in June 2009 Dividends received during the year to 30 November 2020 were Enil. (iv) Interest paid and payable in the year totalled 70,000. 270 CHAPTER 16: Statement of Cash Flows (There is no tax liability for the year to 30 November 2020. The Viability for the year to 30 November 2019 was underestimated by 20.700. (vi) No dividends were paid or proposed in either year (vii) The short-term investments were sold for 150.000 in June 2020. These ranked cash equivalents as defined by . Required: Prepare a statement of cash flows for Aadvark Trading Lid for the year to 30 November 2020. in accordance with the requirements of accounting Standard IAS and using the indirect method. (CIPFA