The board of din For the period ended 31st March 2017 (in Million) Cash Flow Statement & Profit and 335 Sales Interest income Gain on sale of asset C Dividend income Cost of goods sold Depreciation Provision for doubtful debts Loss on sale of long-term investments Administration and selling expenses 7557 212 95 89 7953 4250 675 10 45 634 438 6052 1901 342 1559 2016 Interest expense 7,735 4,631 Profit before tax and extra-ordinary items 3,104 9,55 Extra ordinary loss Profit before tax Provision for income tax Current tax Deferred tax Total tax Profit after tax Appropriation Proposed divider 490 34 524 a 20% amounting, o During the year similar dividend and distribution tax pertaining to the previous year was. crore on which dividend distribution tax of R207 crore is payable b ally paid. 7. Preparation of cash flow statement: On the basis of the following information, prepare the Income tax actually paid during the year amounted to 2889 crore. flow statement for Seven Wonders Limited for the year 2016-17. Balance Sheet as on 31st March (in Million) 2017 Particulars A. Assets Non-current assets Property, plant and equipment Gross block 10,278 Less: Accumulated depreciation 4,106 Net block 6,172 Long-term investments 1,520 Current assets Short-term investments 672 2,087 Cash in hand 304 446 Trade receivables 2,174 1,805 Less: Provision (26) (16) Interest receivables 48 22 Inventories 2,077 5,249 1,481 Total 12,941 B. Equity and liabilities Shareholders' funds Share capital 970 435 Share premium 2,000 0 Reserves 3,860 3,760 6,830 Long-term debt 2,910 Deferred tax liability 214 180 Current liabilities and provisions Trade payables 1,922 882 Interest outstanding 87 15 Proposed dividend 435 435 Dividend distribution tax 65 74 Provision for income tax 478 2,987 233 1,639 Total 12,941 1035 5,825 9,884 Dividend distribution tax Balance carried to balance sheet 435 65 535 Additional Information: Short-term investments represent investment of short-term cash surplus in highly liquid and risk b. The company issued bonus shares during the year with face value of 2435 million to the existing free instruments. shareholders. 4,195 3,870 c. During the year the company acquired PPE for 24250 million. d. Long-term loan repaid during the year amounted to 31750 million. e. Fresh long-term investment made during the year amounted to 3765 million. f. A dividend of 435 million was proposed during the year on which dividend distribution tax *65 million is payable. 9,884