Study the statement of cash flows of Mantis Limited for the year ended 31 December 2021 and answer the following questions:

1.1 Calculate the following for the year ended 31 December 2021:

1.1.1 Depreciation (2 marks)

1.1.2 Dividends paid (2 marks)

1.2 Of what significance is this statement of cash flows to the shareholders of Mantis Limited? (1 mark)

1.3 Comment on the following:

1.3.1 Cash flows from operating activities (R181 800) (4 marks)

1.3.2. Increase in inventory (R808 000) (4 marks)

1.3.3 Increase in receivables (R606 000) (4 marks)

1.3.4 Interest paid (R80 800) (4 marks)

1.3.5 Cash flows from investing activities (R2 343 200) (4 marks)

INFORMATION

MANTIS LIMITED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2021
	R
Cash flows from operating activities	(181800)
Operating profit	979 700
Depreciation	?
Profit before working capital changes	?
Working capital changes	(808000)
Increase in inventory	(808000)
Increase in receivables	(606000)
Increase in payables	606000
Cash generated from operations	494900
Interest paid	(80800)
Dividends paid	?
Income tax paid	(272700)
Cash flows from investing activities	(2343200)
Purchase of plant and equipment	(2343200)
Cash flows from financing activities	0
Net decrease in cash	(2525000)
Cash balance (31 December 2020)	3232000
Cash balance (31 December 2021)	707000