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Q. 13- Below are a balance sheet and an income statement that have been reformulated. Ignore income taxes. Balance Sheet as on 31st December, 2014

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Q. 13- Below are a balance sheet and an income statement that have been reformulated. Ignore income taxes. Balance Sheet as on 31st December, 2014 & 2013 (Fig in '000 million) Assets 2014 2013 Liabilities 2014 2013 Operating Assets 205.3 189.9 Operating Liabilities 40.6 34.2 Financial Assets 45.7 42.0 Financial obligations 120.4 120.4 Shareholder 'equity 90.0 77.3 251.0 231.9 251.0 231.9 Income statement as on 31" December, 2014 Operating revenues 134.5 Operating expenses (112.8) Operating income 21.7 Interest revenues 2.5 Interest expenses (9.6) Comprehensive income 14.6 (@) How much was paid out in net dividends during 2014? (b) What is free cash flow for 2014

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