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Question 3 The following information is available in respect of Vegas plc for the last 2 years ended 31 December. Vegas plc: Statement of
Question 3 The following information is available in respect of Vegas plc for the last 2 years ended 31 December. Vegas plc: Statement of Financial Position 31.12.2021 31.12.2020 000 000 000 000 Non-current Assets (at Net Book Value) 2,100 1,975 Current Assets: Inventory 390 210 Trade receivables 462 346 80 932 50 606 3,032 2.581 Cash at bank Equity and Liabilities: Equity Share capital 1 Share premium Revenue reserve Non-current Liabilities: Loan Current Liabilities: Trade payables Taxation (accrual) 900 700 50 852 821 1,802 1,521 1,000 850 88 73 142 230 137 210 3.032 2.581 Vegas plc: Income Statement (Extract) for the year ended 31.12.2021 Operating profit Taxation Dividends Retained profit for the year 000 274 (156) 118 (87) 31 The following information is also available: There were no non-current asset disposals during the year. Depreciation for the year was 240,000. Prepare, in a suitable format, the Statement of Cash Flow for Vegas plc for the year ended 31.12.2021, presenting figures to the nearest thousand (000). (20 marks) (Continued...) Page 4 of 8
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