The following is a comparative statement of financial position (balance sheet) of PT. Beautiful for as of December 31, 2012 and 2011. (in thousands of Rp)

PT Indah

Statement of Financial Position (Balance Sheet)

December 31, 2012 and 2011

(In thousands of Rp)

2012 2011 Ascension

(Decrease)

Cash and cash equivalent. Rp16,500 Rp8,600 Rp7,900

Accounts receivable 45,000 48,300 (2,400)

Interest receivable 2,900 3,600 (700)

Inventory 68,600. 60,200 8,400

Prepaid fee 3700 2800 900

Long term investment 10,100 5,200 4,900

Equipment (Net) 82,500 73,600 8,900

Land 42,400 96,000 (53,600)

272.600 298.300 (25.700)

Notes payable Short term IDR 3,400 IDR 8,100 IDR (4,700)

Accounts payable 42,400 40,300 2,100

Interest payable 3,700 2,900 800

Salaries payable 900 2,600 (1,700)

Accrued Fees 8,200 9,700 (1,500)

Income tax payable 13,800 14,500 (700)

Long-term debt 47,400 94,100 46,700

Common stock 69,800 61,200 8,600

Retained earnings 83,000 64,900 18,100

272,600 983,300 (25,700)

Transactions for the year ended December 31, 2012 were:

a. Net profit Rp56,200,000

b. Equipment depreciation expense IDR 5,400,000

c. Buying long term investment IDR 4,900,000

d. Selling land for Rp.46,900,000 at a loss of Rp.6,700,000

e. Acquired equipment by issuing long-term notes Rp14,300,000

f. Pay off long-term notes payable Rp61,000,000

g. Received cash from sale of common stock Rp3,900,000

h. Paying cash dividend Rp38,100,000

i. Paying short term notes payable by redeeming ordinary shares Rp4,700,000

Requested:

Prepare a Cash Flow Statement for PT. Beautiful for the year ended December 31, 2012 using the indirect method. Also prepare a list of non-cash investment and financing activities. All accounts of current assets except short-term notes payable are from operating transactions.