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The following information was obtained from the accounting records of DBE Ltd on 3 1 December 2 0 1 8 , which is its financial

The following information was obtained from the accounting records of DBE Ltd on 31 December
2018, which is its financial year-end. The company has an authorised share capital of 750000
ordinary shares.
REQUIRED:
Complete the Cash Flow Statement for the year ended 31 December 2018. Show all
workings to obtain part-marks.
Extract from the Income Statement for the year ended 31 December 2018:
interest on loan 27000
interest on overdraft 380
depreciation 58000
income tax 23000
net profit before income tax 100000
Information from the Statement of Financial Position:
20182017
Ordinary Share Capital 678000,00440000,00
Retained Income 73000,0056000,00
Loan: TK Bank 130000,00170000,00
Fixed Assets (Carrying Value)549000,00420000,00
Inventory 61000,0073000,00
Trade and other receivables 214320,00150600,00
Bank Favourable 30130,00-
Bank (Overdraft)-10000,00
Cash Float 1000,001000,00
Trade and other payables 158400,00152550,00
SARS Income tax*(2018: Debit)(2017: Credit)4000,0010000,00
Shareholders for dividends 28000,0022000,00
* Included above in Trade and other receivables and Trade and other payables.
Total dividends for the year amounted to R60000.
New equipment was purchased, and a vehicle was sold during the year, at its carrying value of R17000.
Shares to the value of R400000 were repurchased during the year. This transaction was recorded.

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