Question 5 Set out below are the financial statements of Signal Sdn Bhd. You are the financial controller, faced with the task of implementing MFRS 107 Statement of Cash Flows. Signal Sdn Bhd Statement of Comprehensive Income for The Year Ended 31 December 2021 Revenue Cost of sales Gross profit Distribution costs Administrative expenses Interest received Finance costs Profit before taxation Taxation Profit for the period Other comprehensive income: Surplus on revaluation of property Total comprehensive income for the period i. iv. Non-current liabilities Loan Current liabilities Trade payables Taxation Total equity and liabilities 700 600 307 319 120 110 3,065 2,645 The following information is available: Fixtures and fittings, with an original cost of RM250,000 and a carrying amount of RM140,000, were sold for RM180,000 during the year. The following information relates to property, plant and equipment: Cost Accumulated depreciation Carrying amount 31.12.2021 31.12.2020 RM'000 RM'000 1,680 1,090 (560) (490) 1,120 600 100,000 ordinary shares were issued during the year. Signal Sdn Bhd classifies interest paid as an operating cash flow, dividends paid as a financing cash flow and interest and dividends received as investing cash flows. Signal Sdn Bhd Statement of Financial Position As At 31 December 2021 2020 RM'000 RM'000 Assets RM'000 Non-current assets Property, plant and equipment 1,120 600 9,800 Intangible assets 475 425 (6,780) Investments 90 75 3,020 Current assets (300) Inventories 450 480 (230) Receivables 390 415 550 Short-term investments 120 150 Cash balances 420 500 (185) Total assets 3,065 2,645 2,855 (555) Equity and liabilities 2,300 Equity Share capital 800 700 Revaluation reserve 400 100 300 Retained earnings 738 816 2,600 Required: Prepare a statement of cash flows for the year ended 31 December 2021 in accordance with the requirements of MFRS 107, Statement of Cash Flows, using the indirect method. (Show all relevant workings) (40 marks)