PEH Ltd is a wholesaler and retailer of office furniture. Extracts from the companys financial statements are set out below: STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME FOR THE YEAR ENDED: 31 March 2019 31 March 2018 GHS000 GHS000 GHS000 GHS000 Revenue: - cash 12,800 26,500 - credit 53,000 65,800 28,500 55,000 Cost of sales (43,800) (33,000) Gross profit 22,000 22,000 Operating expenses (11,200) (6,920) Finance costs: - loan notes (380) (180) - overdraft (220) (600) - (180) Profit before tax 10,200 14,900 Income tax expense (3,200) (4,400) Profit for the year 7,000 10,500 Other comprehensive income: Gain on property revaluation 5,000 1,200 Total comprehensive income 12,000 11,700 STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31 MARCH 2019 Stated Capital Capital Surplus Income Surplus GHS000 GHS000 GHS000 Total Balances b/f 8,500 2,500 15,800 26,800 Share issue 12,900 - - Comprehensive 12,900 Income - 5,000 7,000 12,000 Dividends paid - - (4,000) (4,000) Balances c/f 21,400 7,500 18,800 STATEMENTS OF FINANCIAL POSITION AS AT 31 MARCH: 2019 2018 GHS000 GHS000 GHS000 GHS000 Assets Non-current assets (see note) Cost 93,500 80,000 Accumulated depreciation (43,000) (48,000) 50,500 32,000 Current assets Inventory 5,200 4,400 Trade receivables 7,800 2,800 47,700 Bank - 13,000 700 Total assets 63,500 Stated capital 21,400 8,500 Capital surplus 7,500 2,500 Income surplus 18,800 15,800 Non-current liabilities 47,700 26,800 10% loan notes Current liabilities 4,000 3.000 Bank overdraft 3,600 - Trade payables 4,200 4,500 Taxation 3,000 5,300 Warranty provision 1,000 11,800 300 10,100 63,500 39,900 Note: Non-current assets During the year the company redesigned its display areas in all of its outlets. The previous displays had cost GHS10million and had been written down by GHS9million. There was an unexpected cost of GHS500,000 for the removal and disposal of the old display areas. Also during the year, the company revalued the carrying amount of its property upwards by GHS5million and the accumulated depreciation on these properties of GHS2million was reset to zero. All depreciation is charged to operating expenses. Required: Prepare a statement of cash flows for PEH Ltd for the year ended 31 March 2019 in accordance with IAS 7 - Statement of Cash Flows.