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REQUIRED Prepare the Cash Flow Statement of Concha Limited for the year ended 31 December 2023. INFORMATION CONCHA LIMITED STATEMENT OF COMPREHENSIVE INCOME FOR
REQUIRED Prepare the Cash Flow Statement of Concha Limited for the year ended 31 December 2023. INFORMATION CONCHA LIMITED STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 DECEMBER 2023 R 2 484 000 Sales Cost of sales Gross profit Selling and administrative expenses Operating profit Interest expense Profit before tax Company tax Profit after tax STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER: (1 212 000) 1 272 000 (504 000) 768 000 (48 000) 720 000 (192 000) 528 000 Assets 2023 R 2022 R Non-current assets Land and buildings Plant and machinery Investments 2 244 000 1 764 000 1 320 000 1 128 000 744 000 636 000 180 000 0 Current assets 648 000 540 000 Inventories 288 000 300 000 Accounts receivable 306 000 192 000 Cash and cash equivalents 54 000 48 000 Total assets 2 892 000 2 304 000
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