9. From the following information, prepare cash flow statement:
| Particulars | Note No. | 31st March 2015 (Rs) | 31st March 2014 (Rs) |
| I) Equity and Liabilities | |||
| 1. Shareholders’ Funds | |||
| a) Share capital | 7,00,000 | 5,00,000 | |
| b) Reserves and surplus | 4,70,000 | 2,50,000 | |
| 2. Non-current Liabilities | |||
| (8% Debentures) | 4,00,000 | 6,00,000 | |
| 3. Current Liabilities | |||
| a) Trade payables | 9,00,000 | 6,00,000 | |
| Total | 24,70,000 | 19,50,000 | |
| II) Assets | |||
| 1. Non-current assets | |||
| a) Fixed assets | |||
| i) Tangible | 7,00,000 | 5,00,000 | |
| ii) Intangible-Goodwill | 1,70,000 | 2,50,000 | |
| 2. Current assets | |||
| a) Inventories | 6,00,000 | 5,00,000 | |
| b) Trade Receivables | 6,00,000 | 4,00,000 | |
| c) Cash and cash equivalents | 4,00,000 | 3,00,000 | |
| Total | 24,70,000 | 19,50,000 |
Additional Information:
Depreciation Charge on Plant amount to Rs. 80,000.
Cash Flow Statement
for the year ending March 31, 2015
| Particulars | Amount (Rs.) | Amount (Rs.) | |
| A. | Cash from Operating Activities | ||
| Net Profit | 2,20,000 | ||
| Items to be Added: | |||
| Interest on Debentures | 48,000 | ||
| Depreciation on Fixed Assets | 80,000 | ||
| Goodwill Written-off | 80,000 | 2,08,000 | |
| Operating Profit before Working Capital Adjustments | 4,28,000 | ||
| Add: Increase in Current Liabilities | |||
| Creditors | 3,00,000 | ||
| Less: Increase in Current Assets | |||
| Inventories | (1,00,000) | ||
| Trade Receivables | (2,00,000) | – | |
| Cash Generated from Operations | 4,28,000 | ||
| Less: Tax Paid | – | ||
| Net Cash From Operating Activities | 4,28,000 | ||
| B. | Cash From Investing Activities | ||
| Purchase of Fixed Assets (WN) | (2,80,000) | ||
| Net Cash From Investing Activities | (2,80,000) | ||
| C. | Cash From Financing Activities | ||
| Issue of Share Capital | 2,00,000 | ||
| Redemption of Debentures | (2,00,000) | ||
| Interest Paid on Debentures | (48,000) | (48,000) | |
| Net Cash From Financing Activities (C) | (48,000) | ||
| Net Increase in Cash (A + B + C) | 1,00,000 | ||
| Add: Opening Cash and Cash Equivalents | 3,00,000 | ||
| Closing Cash and Cash Equivalents | 4,00,000 |
Working Note
Fixed Assets Account
| Particulars | J.F. | Amount (Rs.) | Particulars | J.F. | Amount (Rs.) |
| Balance b/d | 5,00,000 | Depreciation | 80,000 | ||
| Purchases (Balancing Figure) | 2,80,000 | Balance c/d | 7 | ||
| 7,80,000 | 7,80,000 | ||||