The following financial statements relate to GoGo Sdn Bhd. Statement of Financial Position as at 31 December: Property, plant and equipment [note (ii) Current assets Inventories Trade receivables Prepayments Cash and bank Total assets Equity and liabilities Share capital Revaluation reserve [note (ii) Retained earnings Non-current liabilities Hire purchase creditors [note (ii) 3% debentures 5% debentures Deferred tax Current liabilities Bank overdraft Trade payables Hire purchase creditors [note (ii) Current tax payable Total equity and liabilities Operating profit before interest and tax Interest expense Interest receivable 2022 Profit before tax Net income tax credit Profit for the period RM'000 RM'000 11,600 1,650 3,100 1,500 1,850 8,100 19,700 2,000 800 - 200 7,000 2,550 9,550 3,000 6,150 900 100 7,150 19,700 2021 RM'000 RM'000 16,800 1,650 2,600 1,200 1,700 4,000 550 4,050 5,450 22,250 500 6,200 7,000 1,600 The following information is relevant: i. Statement of Comprehensive Income extract for the year ended 31 December 2022: RM'000 270 (260) 40 50 850 9,450 800 1,200 6.600 22,250 50 100 Note: the interest expense includes hire purchase interest. ii. The details of the tangible non-current assets are: Cost RM'000 21,200 17,000 At 31 December 2021 At 31 December 2022 Accumulated depreciation RM'000 4,400 5,400 Carrying value RM'000 16,800 11,600 During the year GoGo Sdn Bhd sold a plant for its fair value of RM12 million. The profit on the sale of the plant has been included in operating profit. At the date of the sale it had a carrying value of RM7.4 million based on a previous revaluation of RM8.6 million less the accumulated depreciation of RM1.2 million since the revaluation. The surplus on the revaluation reserve was related entirely to the plant. No other disposals of non-current assets were made during the year. Plant acquired under hire purchase during the year was RM2.0 million. Required: a. Prepare a Statement of Cash Flows using the indirect method for GoGo Sdn Bhd in accordance with MFRS 107 Statement of Cash Flow for the year ended 31 December 2022. b. Discuss the benefits of presenting the cash flow information.