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Prepare a cash flow for the year ended 30 April 2020 The following information relates to the activities of Goalie Plc: Statement of financial position

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Prepare a cash flow for the year ended 30 April 2020
The following information relates to the activities of Goalie Plc: Statement of financial position as at 30 April 2019 $'000 2020 $'000 Non-current assets Freehold land, cost Plant and equipment 2,100 990 2,340 1,092 3,432 3,090 Current assets Inventory Receivables Bank 1,068 990 90 2,148 5,238 1,494 912 0 2,406 5,838 Total assets Equity and liabilities Equity 2,808 3,750 Non-current liabilities: 6% debentures 1,350 750 Current liabilities Payables Bank overdraft Corporation tax 720 0 360 1,080 2,430 5,238 690 378 270 1,338 2,088 5,838 Total liabilities Equity and liabilities Income statement for the year ended 30 April 2020: Sales Cost of sales Gross profit Expenses Profit before tax Tax Profit after tax $'000 13,560 (10,260) 3,300 (2,298) 1,002 (450) 552 Statement of changes in equity for the year ended 30 April 2020 Share Share Capital premium $'000 $'000 1,200 300 60 Revaluation Retained Reserve Earnings $'000 $'000 1,128 480 240 Balance at 1 May 2019 Issue of shares Revaluation of freehold Profit for the year Dividend paid Balance at 30 April 2020 Total $'000 2,808 360 240 552 (210) 3,750 552 (210) 1,470 1,500 540 240 Additional information: 1. Plant and equipment Accumulated Depreciation $'000 Net book value $'000 Cost $'000 1,680 (240) 540 690 990 As at 1 May 2019 Disposal Additions Depreciation for the year As at 30 April 2020 (174) 372 888 (66) 540 (372) 1,092 1,980 The plant was disposed of for proceeds of $42,000. Depreciation and any profit or loss on disposal are included in expenses. 2. The debentures were repaid on 31 October 2019. Interest for the year was fully paid by 30 April 2020 and is included in expenses. Required: Prepare a statement of cash flow for Goalie Plc. for the year ended 30 April 2020. (25 marks)

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