The following are the summarized accounts of Events Tourism Ltd. a company specializing in operating hospitality, tourism and leisure events Statement of Comprehensive Income 31 December 2013 Statement of Financial Position 31 December 31 December $('000) Revenue Operating expenses Operating profit Interest Net profit before tax 17,800 2012 $('000) 18,700 Assets 2013 $('000) Non-current assets at cost 90,000 11,200 13,100 Accumulated Depreciation 22,500 6,600 5,600 Net hook Vale 67,500 31 December 2012 $('000) 102,000 25.500 76500 1,200 1,200 Current assets 5,400 4,400 Inventories 1200 900 Corporation tax 750 Net profit after tax 4,650 600 3,800 Receivables 1500 1,200 Short-term investments 800 700 Dividends: Preference 300 300 Bank 2250 1,300 Ordinary 700 1,000 600 900 Total current assets 5,750 4,100 Total assets 73.250 80,600 Equity and liabilities Equity Ordinary Share capital 2,600 2.600 Preference Share capital 2,000 2.000 Share premium 6,300 6,300 General reserve 29,400 29,400 Retained profits 11,850 8.200 52,150 48.500 Non-current liabilities Loans 18,000 29,900 Current liabilities Payables 2,050 1500 Accruals 150 50 Taxation 750 600 Loan Interest Due 150 50 Total current liabilities 3,100 2.200 Total equity and liabilities 73,250 80,600 Notes Depreciation charged on non-current assets in existence at the year end amounting to $4,500,000.00 A loss on the sale of non-current assets amounting to $3,650,000. That assets sold originally cost of $30,000,000 and had accumulated depreciation of $7,500,000 Required Prepare a statement of cash flows in accordance wit IAS 7 for the year ended 31 December 2013