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Prepare the indirect cashflow statement for the financial year ended 3 0 June 2 0 2 3 for Bibby Limited based on the following financial

Prepare the indirect cashflow statement for the financial year ended 30 June 2023 for Bibby Limited based on the following financial information provided: 2 Statement of Financial Position as at 30 June 2023 Assets 20232022 Non-current assets Property, Plant and Equipment 24850002398000 Current assets Inventory 1279000985300 Accounts receivable 412000535000 Cash and Cash equivalents 53130036770022223001888000 Total assets 47073004286000 Equity and liabilities Equity Share capital 26500002150000 Retained income 124800074500038980002895000 Non-current liabilities Loan 9%456000980000 Current liabilities Accounts payable 9780051000 Taxes SARS 154000162000 Shareholders for dividends 101500198000353300411000 Total equity and liabilities 47073004286000 Statement of Comprehensive Income for the year ended 30 June 202320232022 Sales 52400004985000 Cost of sales (2354000)(1358000) Gross profit 28860003627000 Distribution, Administration and other expenses (2114439)(1767000) Operating expenses 19434391598500 Depreciation 171000168500 Operating profit 7715611860000 Interest on loan (72950)(158000) Profit before tax 6986111702000 Tax (195611)(476560) Profit after tax 5030001225440

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