QUESTION ONE [25]

The following financial information relates to Cams Limited.

Statement of Financial Position as at 31 December 2017 and 2018

		2018 2017
Ordinary share capital Retained earnings Property, plant and equipment Investments Debentures 12.5% Inventory Trade debtors Prepaid expenses Trade creditors Bank overdraft SARS (income tax) Shareholders for dividends	400 000 55 000 230 000 165 000 20 000 124 000 37 000 - 25 000 21 000 5 000 30 000		295 000 5 000 195 000 110 000 60 000 120 000 28 500 1 500 42 500 25 000 7 500 20 000

Statement of comprehensive income for the year 31 December 2018 R
Profit before interest and tax Depreciation on equipment Dividends received on investments Interest on dividends Income tax	149 500 5 000 18 000 7 500 50 000

Statement of changes in equity for the year ended 31 December 2018 R

Dividends on ordinary shares R 60 000

Note no. 1 for the year ended 31 December 2017 and 2018

Property, plant and equipment 2018 (R) 2017 (R)

Land and building at cost 200 000 160 000

Equipment at carrying value 30 000 35 000

230 000 195 000

Additional information

1. No equipment was purchased or sold during the financial year ended 31 December 2018

2. Ordinary shares were issued during the year.

Required:

Use the information provided above to prepare the cash flow statement for the year ended 31 December 2018.