280 Accountancy : Company Accounts and Analysis of Financial Statements
II) Assets
1. Non-current assets
Fixed assets 2 5,00,000 3,20,000
2. Current assets
a) Inventories 1,50,000 1,30,000
b) Trade receivables 3 90,000 1,20,000
c) Cash and cash equivalents 4 30,000 90,000
Total 7,70,000 6,60,000
Notes to accounts:
2017 2016
1. Long-term borrowings
9% Bank Loan 80,000 1,00,000
2. Fixed assets 6,00,000 4,00,000
Less: Accumulated Depreciation 1,00,000 80,000
(Net) Fixed Assets 5,00,000 3,20,000
3. Trade receivables
Debtors 60,000 1,00,000
Bills receivables 30,000 20,000
90,000 1,20,000
4. Cash and cash equivalents
Bank 30,000 90,000
Additional Information:
Machine Costing Rs. 80,000 on which accumulated depreciation was Rs.
50,000 was sold for Rs. 20,000. 9% bank loan Rs. 20,000 was repaid on
March 31, 2017. Proposed dividend for the year 2015-16 was Rs. 60,000.
Rs.
[Ans.: Cash flow from Operating Activities 1,89,000
Cash flow from Investing Activities 2,60,000
Cash flow from Financing Activities 11,000].
8. From the following Balance Sheets of Tiger Super Steel Ltd., prepare Cash
Flow Statement:
Balance Sheet of Tiger Super Steel Ltd.
as at 31st March 2014 and 31st March 2017
Particulars Note March 31, March 31,
No. 2017 (Rs.) 2016 (Rs.)
I) Equity and Liabilities
1. Shareholders’ Funds
a) Share capital 1 1,40,000 1,20,000
b) Reserves and surplus 2 38,400 26,400
2. Current Liabilities
a) Trade payables 2 21,200 14,000
2024-25
Cash Flow Statement 281
b) Other current liabilities 3 2,400 3,200
c) Short-term provisions 4 12,800 11,200
2,14,800 1,74,800
II) Assets
1. Non-Current Assets
a) Fixed assets
i) Tangible assets 6 96,400 76,000
ii) Intangible assets 18,800 24,000
b) Non-current investments 14,000 4,000
2. Current Assets
a) Inventories 31,200 34,000
b) Trade receivables 43,200 30,000
c) Cash and Cash Equivalents 11,200 6,800
2,14,800 1,74,800
Notes to accounts:
2017 2016
1. Share Capital
Equity share capital 1,20,000 80,000
10% Preference share capital 20,000 40,000
1,40,000 1,20,000
2. Reserves and surplus
General reserve 12,000 8,000
Balance in statement of 26,400 18,400
profit and loss
38,400 26,400
3. Trade payables
Bills payable 21,200 14,000
4. Other current liabilities
Outstanding expenses 2,400 3,200
5. Short-term provisions
Provision for taxation 12,800 11,200
6. Tangible assets
Land and building 20,000 40,000
Plant 76,400 36,000
96,400 76,000
Additional Information:
*Proposed dividend for 2016-17 is Rs. 15,600 and for 2015-16 is Rs. 11,200.
Depreciation Charged on Land & Building Rs. 20,000, and Plant Rs. 10,000
during the year. Proposed dividend for 2016-17 Rs. 15,600 and 2015-16
Rs. 11,200
[Ans.: Cash flow from Operating Activities Rs. 56,000
Cash flow from Investing Activities Rs. 60,400
Cash flow from Financing Activities Rs. 8,800].
2024-25
