QUESTION ONE The following financial information relates to Cams Limited. Statement of Financial Position as at 31 December 2020 and 2021 2021 R 400 000 55 000 230 000 165 000 20 000 124 000 37 000 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 Statement of comprehensive income for the year 31 December 2021 Profit before interest and tax Depreciation on equipment Dividends received on investments Interest on dividends Income tax 25 000 21 000 5 000 30 000 REGENT BUSINESS SCHOOL (RBS) ACADEMIC AND ASSESSMENT CALENDAR - JANUARY 2022 Note no. 1 for the year ended 31 December 2020 and 2021 Property, plant and equipment Land and building at cost Equipment at carrying value R 2020 R 295 000 5 000 195 000 110 000 60 000 120 000 2021 (R) 200 000 30 000 230 000 [25] 28 500 1 500 42 500 25 000 7 500 20 000 BACHELOR OF COMMERCE IN HUMAN RESOURCE MANAGEMENT YEAR 1 DISTANCE Statement of changes in equity for the year ended 31 December 2021 R Dividends on ordinary shares 60 000 149 500 5 000 18 000 7 500 50 000 2020 (R) 160 000 35 000 195 000 Additional information 1. No equipment was purchased or sold during the financial year ended 31 December 2021 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 2021. 25