The following are consolidated financial statements Guava Berhad: Consolidated statements of financial position as at 31 December 2020 2021 (RM'000) (RM'000) Goodwill 2,990 3,350 Investment Associate 620 280 Quoted investments 900 1,200 Property, plant and equipment 16,016 20,305 Current assets: Inventory 1,310 1,900 Trade receivables 1,540 1,860 Bank 3,900 1,600 Total 27,276 30,495 Ordinary share capital Group retained profits Non-controlling interest Trade payables Tax payables Total 17,000 4,660 1,556 3,320 740 27,276 21,500 4,190 2,775 1,700 330 30,495 Consolidated statement of profit and loss for the year ended 31 December 2021 RM'000 Revenue 12,800 -) Cost of sales (9,100) Gross profit 3,700 -) Operating expenses (1,600) +) Share of profits in associate 100 +) Gain from disposal of non-current asset 120 Profit before tax 2,320 Tax-group (650) Profit after tax 1,670 Profit after tax attributable to: Shareholders of parent 1,220 Non-controlling interest 450 Additional information: 1. Dividends have been paid. 2. 3. During the year, plant with carrying value of RM300,000 was disposed at a gain of RM120,000. Payment was received in cash. Group depreciation on plant, property and equipment was RM1,111,000. Depreciation and goodwill impairment charge are included as part of operating expenses. On 1st July 2021, Guava acquired 80% of Jambu Sdn Bhd's ordinary shares with cash payment of RM2million and issuance of ordinary shares valued at RM4.5 million. This investment has not been recorded. An extract of the statement of financial position for Jambu on 1 July 2021 is as follows: 4. Non-current assets Inventory Trade receivables Bank Trade payables Tax payables NCI (RM'000) 5,700 950 980 800 (1,100) (90) 1,448 5. On 30 November 2021, Guava disposed of an associate (40%) Anggur Sdn Bhd with cash payment of RM300,000. The disposed associate has a bank balance of RM60,000 on the date of disposal. Required: (a) Prepare the consolidated statement of cash flows for Guava group for year ended 31 December 2021 using the indirect method. Note: Show ALL relevant workings. (17 marks) (b) Provide your opinion on the cash flow situation of the group of companies above. (9 marks)