Raum Ltd. is a leading construction company. Here is the company's balance sheet for 2019. 2018 4,875 Assets Long-term financial investments Intangible assets (net of accumulated depreciation) Plant, property and equipment (net of accumulated depreciation) Inventory Accounts receivable Cash Liabilities and Equity Share capital & share premium Treasury shares Reserves and retained profit Non-current assets acc. payable Financial liabilities Accounts payable Tax payable Profit before interest and tax Gain on sale of equipment Proceeds from sale of equipment Depreciation expense Gain on sale of treasury shares acquired for 1,029 Impairment of intangible assets Revaluation of PPE Required: In addition, the following information is also available for consideration. Dividends paid Share issue is in cash Interest paid Tax expense Acquisitions of PPE are not fully paid in cash Proceeds from sale of financial assets (book value = 1,800). Acquisition of new investment financial asset in cash a. 18,600 b. 11,700 6,867 5,144 3,963 51,149 Page 7 of 8 2019 6,825 18,150 13,530 6,464 16,547 13,550 75,065 2,427 6,099 (8,850) (7,307) 26,025 31,760 1,724 3,572 11,538 10,397 17,555 29,586 731 959 51,149 75,065 12,675 345 1,320 2,040 135 3,485 648 3,168 1,800 3,750 450 225 Prepare a cash flow statement for 2019 using the indirect method starting with the profit before interest and tax. Cont (12 marks) Show how the profit before interest and tax is calculated based on the changes in reserves and retained profits accounts and other relevant information available. (7 marks)