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You have been provided with the following information for Matrixers Ltd for the financial year ended 3 0 September 2 0 1 7 : Additional
You have been provided with the following information for Matrixers Ltd for the financial year ended September :
Additional notes
Statement of comprehensive income
Statement of financial position
Cash generated from operations
Additional notes:
All sales and inventory purchases were on credit.
Property, plant and equipment with a carrying value of R was sold during the year, at a profit of R
Administrative expenses include depreciation for the year of R
A dividend of R was paid during the year.
Matrixers Ltd accounts for dividends and interest received as part of cash flows from investing activities, and dividends paid as part of cash flows from financing activities
Matrixers Ltd
Statement of comprehensive income for the year ended September
Note R
Revenue
Cost of sales
Gross profit
Interest received
Profit on disposal
Selling and distribution costs
Administrative expenses
Operating profit
Finance costs
Profit before taxation
Taxation
Profit for the year
Matrixers Ltd
Statement of financial position as at September
Note R R
ASSETS
Noncurrent assets
Property, plant and equipment
Current assets
Inventories
Trade and other receivables
Cash and cash equivalents
Total assets
EQUITY AND LIABILITIES
Equity
Share capital
Share premium
Retained earnings
Total equity
Noncurrent liabilities
Interestbearing borrowings
Current liabilities
Trade and other payables
Tax payable
Total liabilities
Total equity and liabilities
Matrixers Ltd
Cash generated from operations for the year ended September
R
Profit before taxation
Adjustments for
Depreciation
Profitloss on disposal of property, plant and equipment
Finance costs
Interest received
Changes in working capital
Decrease in inventories
Increase in trade and other receivables
Increase in trade and other payables
Cash generated from operations
Prepare the Statement of cash flows for Matrixers Ltd for the year ended September
Clearly show all outflows decreases in cash flows and cash paid in calculations with a MINUS sign.
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