You have just been transferred to the Treasury department of Trumpet Berhad as a replacement to the treasury executive who has suddenly resigned. The group treasurer has instructed you to manage the daily cash flow as well as prepare the Group Statement of Cash Flow. The group uses indirect method to prepare its Cash Flow.

The following are the Statements of Financial Position and Statement of Comprehensive Income for year ended 31 March 2020 for Trumpet Berhad.

Trumpet Berhad Group statement of financial position as at

	31 March 2020 RM000	31 March 2019 RM000
Goodwill	1,260	1,780
Investment in Associates	211	297
Non- current assets: Land Property, plant & machinery	24.550 20,048	23,000 19,683
Current assets: Inventory Trade receivables Short term investment Bank	2,982 3,266 2,000 524	2,283 2,106 2,500 742
Total assets	54,841	52,391
Ordinary shares	38,000	35,000
Revaluation reserve	4,500	4,100
Retained earnings	5,850	4,783
Non controlling interest	1,972	1,225
Debentures	300	1,500
Long term liabilities	800	1,000
Trade payable	2,373	4,133
Tax payable	60	650
Overdraft	986	Nil
Total equity and liability	54,841	52,391

Trumpet Berhad Group statement of comprehensive income for year ended 31 March 2020

	RM000
Turnover	11,325
Cost of sales	(5,683)
Gross profit	5,642
Operating expenses	(2,287)
Miscellaneous expenses	(846)
Share of profits in Associate	86
Gain from sale of machine	30
Gain from disposal of subsidiary	150
Profit before tax	2,775
Taxation	(655)
Profit after tax	2,120
Other comprehensive income: Revaluation surplus	400
Total comprehensive income	2,520
Profit after tax attributable to: Shareholders of Holding company Non-controlling interest	1,507 613
Retained earning b/f	4,783

Additional information

1. Depreciation charge for the year is RM 3.99 million.

2. A new piece of land was acquired during the year and fully paid in cash. There are no other acquisition or disposal of land.

3. During the year, a machine with carrying value of RM 150,000 was sold off for RM 180,000
4. During the year, an associate was disposed at RM 150,000 at cash at no gain no loss.

5. During the year, property had a revaluation surplus of RM400,000.

6. The group paid off 80% of the matured debentures.
7. On 30 September 2019, Trumpet disposed 80% owned subsidiary Piano Sdn Bhd for a profit of RM 150,000 and received cash payment of RM 2,397,200. Goodwill balance for this subsidiary is nil.

The balances of Piano on this date are as follows:

	RM000
Property, plant and equipment	2,085
Inventory	655
Trade receivables	784
Bank	210
Trade payables	(725)
Debentures	(200)

8. Subsequently on 31 December 2019, Trumpet purchased 75% of the ordinary shares of Guitar Sdn Bhd by issuance of its ordinary shares valued at RM3 million as at this date. The balances of this new subsidiary are as follows

	RM000
Property, plant and equipment	2,965
Inventory	741
Trade receivables	789
Bank	246
Trade payables	(801)
Tax payables	(84)

Required

Prepare the Group Statement of Cash Flow for year ended 31 March 2020 using the indirect method.

Note: Show ALL relevant workings.