Following is the Balance Sheet of Fine Products Ltd. as at 31st March, 2023:
Particulars
31st March,
2023 (₹)
31st March,
2022 (₹)
I. EQUITY AND LIABILITIES
1. Shareholder’s Funds
(a) Share Capital: Equity Share Capital
(b) Reserves and Surplus
3,50,000
57,000
3,00,000
38,000
2. Current Liabilities
(a) Trade Payables
(b) Other Current Liabilities
(c) Short-term Provisions
53,000
6,000
32,000
35,000
8,000
28,000
Total
4,98,000
4,09,000
II. Assets
1. Non-Current Assets
(a) Property, Plant and Equipment, and Intangible Assets:
(i) Property, Plant and Equipment
(ii) Intangible Assets (Goodwill)
(b) Non-Current Investments
2,48,000
40,000
35,000
2,00,000
50,000
10,000
2. Current Assets
(a) Inventories
(b) Trade Receivables
(c) Cash and Bank Balances
39,000
1,08,000
28,000
57,000
75,000
17,000
Total
4,98,000
4,09,000
Particulars
31st March,
2023 (₹)
31st March,
2022 (₹)
Reserves and Surplus
General Reserve
Surplus, i.e., Balance in Statement of Profit & Loss
30,000
27,000
20,000
18,000
57,000
38,000
Short-term Provisions
Provision for Tax
32,000
28,000
Property, Plant and Equipment
Land and Building
Plant and Machinery
57,000
1,91,000
1,10,000
90,000
2,48,000
2,00,000
Note: Proposed dividend on equity for the years ended 31st March 2022 and 2023 are ₹ 39,000 and ₹ 45,000 respectively.
You are required to prepare Cash Flow Statement for the year ended 31st March 2023.
[Ans.: Cash Flow from Operating Activities = ₹ 73,000; Cash used in Investing Activities = ₹ 73,000; Cash Flow from Financing Activities = ₹ 11,000; Net Increase in Cash and Cash Equivalents = ₹ 11,000.]
