From the figures given in the Balance Sheet and additional information, calculate ‘Cash Flows from Investing Activities’ and ‘Cash Flows from Financing Activities’ Equity Share Capital ₹ 20,00,000
From the figures given in the Balance Sheet and additional information, calculate ‘Cash Flows from Investing Activities’ and ‘Cash Flows from Financing Activities’.
| Particulars | Note. No. | 31.03.2024 | 31.03.2023 |
| I. EQUITY AND LIABILITIES: | |||
|
(1) Shareholder’s Funds (a) Equity Share Capital (b) Reserves and Surplus |
20,00,000 3,80,000 |
20,00,000 4,00,000 |
|
|
(2) Non-Current Liabilities Long-term Borrowings |
4,00,000 | 5,00,000 | |
|
(3) Current Liabilities (a) Trade Payables (b) Bank Overdraft (c) Short-term Provision |
4,20,000 1,50,000 50,000 |
1,60,000 2,00,000 60,000 |
|
| Total | 34,00,000 | 33,20,000 | |
| II. ASSETS: | |||
|
(1) Non-Current Assets Property, Plant and Equipment and Intangible Assets: (i) Property, Plant and Equipment (ii) Intangible Assets |
20,40,000 2,00,000 |
20,00,000 1,50,000 |
|
|
(2) Current Assets (a) Inventories (b) Trade Receivables (c) Cash and Cash Equivalents |
7,00,000 3,10,000 1,50,000 |
8,00,000 1,60,000 2,10,000 |
|
| Total | 34,00,000 | 33,20,000 |
Notes to Accounts:
| Particulars | 31.3.2024 | 31.3.2023 |
| Reserves and Surplus: Surplus i.e., Balance in Statement of Profit and Loss | 3,80,000 | 4,00,000 |
| Short-term Provisions: Provision for Tax | 50,000 | 60,000 |
| Property, Plant and Equipment Machinery Less: Accumulated Depreciation |
25,50,000 (5,10,000) |
26,00,000 (6,00,000) |
| 20,40,000 | 20,00,000 | |
| Intangible Assets: Goodwill | 2,00,000 | 1,50,000 |
Additional Information:-
(i) A piece of machinery costing ₹ 7,00,000 was sold for ₹ 5,00,000. Depreciation charged during the year amounted to ₹ 1,80,000.
(ii) 8% Debentures were redeemed at a premium of 5% on 1st January, 2024.
(iii) Interim Dividend on equity share capital was paid @ 7%.
[Ans. Net Cash used in Investing Activities ₹ 2,00,000.
Net Cash used in Financing Activities ₹ 3,33,000.]
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