year ended 31 May 20 Statement of financial positions as at 31 May The following financial statements relate to for Deferred tax Current abilities: Trade payable Lease aty Income tax Government grant 602 155 110 20 210 R8- 372 463 8.888888 258 249 172 974 Statement of profit or loss for the year ended 31 May 2007 Proft from operations 312 (187) 126 (27) 147 (12) *E} | Notes: Property, plant and equipment During the year, assets with a carrying amount of 531 million were sold for $21 milion New assets acquired under leases totaled $28 million Depreciation charged for the year totalled Government grant Grant income of $55 million has been credited to operating expenses during the year. Intangible non-current assets There were no additions or disposals during the year. Current asset investment The current asset investment is an investment in 30-day government bonds Warranty provision The warranty provision relates to costs that are expected to be incurred in repairing faulty goods that have been sold with a warranty. The provision is charged to cost of sales Shares On 1 September 2006 a 1 for 20 bonus issue was made, utilising share premium. On February 2017 a further share issue was made for cash Required: Prepare a cash flow statement for 87 for the year ended 31 May 2017 in compliance with IAS 7.