You are provided with the following Information: Holmes ple: Income Statement for year ended 31 December 2019 Revenue Cost of sales: Gross profit Administrative expenses Operating profit Finance cost paid Investment income received Profit before tax Tax Profit for the year Em 173 (96) 77 (43) 34 (4) 2 32 (12) 20 Em Holmes plc: Statement of Financial Position as at 31.12.2019 31.12.2018 Em Em Em Non-current assets Property, plant and equipment 155 153 25 16 Current assets Inventories Trade and other receivables Cash and cash equivalents 24 29 27 I. 49 80 202 235 Total assets Equity Share capital Retained earnings 100 42 142 100 36 136 20 40 Non-current liabilities Interest-bearing borrowings Current liabilities Trade and other payables Total equity and liabilities 53 235 46 202 Notes: 1. During the year ended 31 December 2019, plant costing E15 million with accumulated depreciation of 10 million was sold for 4 million, B. An analysis of trade and other payables shows the following: 2019 2018 Em Em Trade payables 31 Taxation 15 53 46 NIRI 3 4. 5. Investment income comprises interest received. Administrative expenses include depreciation of 18 million. A dividend of 14 million was paid on ordinary shares during the year. Required: Prepare a Statement of Cash Flows for Holmes ple for the year ended 31 December 2019 in accordance with IAS 7, using the indirect method to calculate the cash flows from operating activities