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Quettion The following is an oxtract from the Annual Financial Statements of Diamend 1 inited for the year ended 31 December 2021 . Net current

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Quettion The following is an oxtract from the Annual Financial Statements of Diamend 1 inited for the year ended 31 December 2021 . Net current assets R38160064800 DIAMOKD LIMTTED INCOME STATEMENT FOR THE YEARENDED 31 DECEMEER 2021 The following additional information is to be taken into account: 1. Favourable market conditions enabled the company to place 200000 ordinary shares privately with institutional investors at a premium of 5 cents per share, and issue 60000R16. preference shares to the public at par. The issue of new shares was undertaken to permit the redenption of the mortgage debentures. The company paid share issue expenses of R1 000, and this a-nourt wes written off against income at 31 December 2006. 2. The comparin had soid a smal plot (oost was R4 000) in Decomber 2021. No other foxed assets were sold or scrapped during the year. 3. Included in net incorne before taxation is interest paid of R.400 and interest received of R1300. Reculred Prepare a cash flow statement for Diamond Limited for the year ended 31 December 2021, together with the relevant notes. - suivasia (Financial Acoounting 2k LFE DL_FINAC (A.FE_DL_FINACC

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