From the following Balance Sheet of Havels Ltd. You are required to prepare a Cash Flow Statement
From the following Balance Sheet of Havels Ltd. You are required to prepare a Cash Flow Statement:
Havels Ltd Balance Sheet as 31.3.2023
| Particulars | Note. No. | 31st March, 2023 | 31st March, 2022 |
| I. EQUITY AND LIABILITIES: | Â | Â | Â |
|
(1) Shareholder’s Funds: (a) Share Capital (b) Reserves & Surplus |
 |
7,90,000 4,60,000 |
5,80,000 1,20,000 |
|
(2) Non-Current Liabilities: Long-term Borrowings (12% Debentures) |
 | 5,00,000 | 3,00,000 |
|
(2) Current Liabilities: (a) Short Term Borrowings (Bank Overdraft) (b) Short-term Provisions |
 |
1,15,000 1,18,000 |
42,000 46,000 |
| Total | Â | 19,83,000 | 10,88,000 |
| II. ASSETS: | Â | Â | Â |
|
(1) Non-Current Assets: (a) Property, Plant and Equipment and Intangible Assets (i) Property, Plant and Equipment (ii) Intangible Assets (Patents) |
 |
9,80,000 2,68,000 |
6,35,000 1,70,000 |
|
(2) Current Assets: (a) Current Investments (a) Trade Receivables (b) Cash at Bank |
 |
1,40,000 4,40,000 1,55,000 |
70,000 1,50,000 63,000 |
| Total | Â | 19,83,000 | 10,88,000 |
Notes to Accounts:-
| Â | 31.3.2023 | 31.3.2022 |
|
(1) Reserves and Surplus Surplus (Balance in statement of Profit & Loss) General Reserve |
3,20,000 1,40,000 |
60,000 60,000 |
| Â | 4,60,000 | 1,20,000 |
|
(2) Short-term Provision Provision for Tax |
1,18,000 | 46,000 |
|
(3) Property, Plant and Equipment: Plant and Machinery Less: Accumulated Depreciation |
11,00,000 (1,20,000) |
7,50,000( 1,15,000) |
| Â | 9,80,000 | 6,35,000 |
Additional Information:-
12% Debentures were issued on 1st September, 2022
[Ans. Cash from Operating Activities ₹ 1,77,000; Cash used in Investing Activities ₹ 4,48,000; Cash from Financing Activities ₹ 4,33,000.]
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