please using indirect method to prepare a statement of cash flow.
7SSMM600 Assignment for Tutorial Participation Assessment Statement of comprehensive income for the years ended 31 December 2017 and 2016: The following information relates to Alderton Ltd 2017 E000s 2016 E000s Statement of financial position as at 31 December 2017 and 2016 Revenues Cost of sales Gross profit Distribution costs Sales and marketing costs Administrative costs Profit before interest and taxation Interest expense Profit before taxation Taxation Profit after taxation 82,000 74,000 54.500 49,600 27,500 24,400 7,2005,300 6,9005,800 8,400 8,200 5,0005,100 1350 1.750 3,650 3,350 1,100 1,000 2.5502.350 2017 2016 E000s 000s Non-current assets: Investments Property, plant and equipment (note i) 1,500 2,500 35,000 29,400 36,500 31,900 Current assets: Inventory Receivables Bank 13,600 13,500 1,100 5,600 100 1,500 14,800 20,600 51,300 52,500 Total Assets Notes and additional information: Current liabilities: Warranty provision (note ii) Trade payables Taxation payable Dividend payable (note ii) Interest payable (i) The company disposed of their freehold building during the year The building had an original cost of 4,000,000, accumulated depreciation of 1,000,000 and triggered a gain on disposal of 50,000. Accumulated depreciation at the start of the year was 8,000 4,000 3,650 3,600 800 10 1.400700 13,660 9,600 3,250,000 and the end of the year was 4,750,000 Non-current liabilities 12% loan Total liabilities 8,000 13,660 17.600 (ii) The company paid out 3,000,000 in warranty repairs during the year. These had previously been provided for, and were included in the liabilities at the end of 2016 (iii) Dividends approved and accrued for 2017 were 10,000 and for 2016 Equity: Ordinary shares of 1 Revaluation reserve Retained profits Total equity Total liabilities and equity were E30,000 0,000 10,000 2,000 1,800 25,640 23,100 37,640 34.900 51,300 52,500 7SSMM600 Assignment for Tutorial Participation Assessment Statement of comprehensive income for the years ended 31 December 2017 and 2016: The following information relates to Alderton Ltd 2017 E000s 2016 E000s Statement of financial position as at 31 December 2017 and 2016 Revenues Cost of sales Gross profit Distribution costs Sales and marketing costs Administrative costs Profit before interest and taxation Interest expense Profit before taxation Taxation Profit after taxation 82,000 74,000 54.500 49,600 27,500 24,400 7,2005,300 6,9005,800 8,400 8,200 5,0005,100 1350 1.750 3,650 3,350 1,100 1,000 2.5502.350 2017 2016 E000s 000s Non-current assets: Investments Property, plant and equipment (note i) 1,500 2,500 35,000 29,400 36,500 31,900 Current assets: Inventory Receivables Bank 13,600 13,500 1,100 5,600 100 1,500 14,800 20,600 51,300 52,500 Total Assets Notes and additional information: Current liabilities: Warranty provision (note ii) Trade payables Taxation payable Dividend payable (note ii) Interest payable (i) The company disposed of their freehold building during the year The building had an original cost of 4,000,000, accumulated depreciation of 1,000,000 and triggered a gain on disposal of 50,000. Accumulated depreciation at the start of the year was 8,000 4,000 3,650 3,600 800 10 1.400700 13,660 9,600 3,250,000 and the end of the year was 4,750,000 Non-current liabilities 12% loan Total liabilities 8,000 13,660 17.600 (ii) The company paid out 3,000,000 in warranty repairs during the year. These had previously been provided for, and were included in the liabilities at the end of 2016 (iii) Dividends approved and accrued for 2017 were 10,000 and for 2016 Equity: Ordinary shares of 1 Revaluation reserve Retained profits Total equity Total liabilities and equity were E30,000 0,000 10,000 2,000 1,800 25,640 23,100 37,640 34.900 51,300 52,500
