prepare the cash flow from operating activities section, cash flow from investing activities section, cash flow from financing activities section

Problem 1: Statement of Cashflows (30 marks) Eta Ltd is a specialty retailer. The given information includes the balance sheet and income statement of the company. There are some additional information including: Assume there are no sale of property, plant and equipment and intangible assets during the period The change in Accumulated Other Comprehensive Income (AOCI) is related to revaluation of investments in available for sale securities to market value. The remaining changes in Investments in Securities result from purchases and sales. Assume that the sales occurred at no gain or loss. Depreciation expense for year 2 is $105 millions The company has paid dividend of $202 millions during the period Year 4 Eta Income Statements amounts in millions Sales revenue Cost of goods sold Selling and Admin Interest Expense Other Income Income tax expense (tax rate at 35%) Net Income 5,294 -2,191 -2,555 -0.3 75 -232 391 Year 3 Year 4 201 299 115 343 140 423 103 135 997 762 1,448 149 1,551 354 421 488 3,390 2,780 Balance sheets (amounts in millions dollar) Assets Cash Accounts Receivable Inventories Prepayments Total current assets PPE (net) Investments Intangible assets Total assets Liabilities & Shareholders' Equity Accounts Payable Short term borrowing Other current liabilities Total current liabilities Long term debts Deferred tax liabilities Total liabilities Shareholders' Equity Common stock Additional Paid-in Capital Retained Eumings Cumulative other comprehensive income Total equity Total liabilities and owners' equity 169 198 128 278 204 342 575 205 744 384 187 1.315 129 909 100 896 100 896 860 15 1.871 1,049 30 2.075 3,390 2.780