Use the Income Statement and the Balance Sheets provided to draw the Cash Flow Statement of SCOREBOARD Ltd for 29th February 2012

INFORMATION:

SCOREBOARD Ltd Income Statement for the year ended 29th February 2012

ADDITIONAL INFORMATION:

Included in trade and other payables is R4 300 in respect of SARS: Income tax outstanding at the beginning of the year and R2 130 outstanding at the end of the year.

The dividend on ordinary share account reflected a total of R10 000.

Thereafter the directors declared a final dividend at the year end.

Land and buildings were purchased during the year. No other fixed assets were purchased or sold