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Cash Flow Statement 4.47
13. Balance Sheets of XYZ Ltd. as at 31st March, 2024 and 31st March, 2023 were:
BALANCE SHEETS
Particulars Note No. 31st March, 31st March,
2024 (`) 2023 (`)

I. EQUITY AND LIABILITIES
1. Shareholders’ Funds
(a) Share Capital 6,00,000 5,00,000
(b) Reserves and Surplus 1 75,000 50,000
2. Non-Current Liabilities
Long-term Borrowings:
8% Debentures 1,10,000 1,10,000
3. Current Liabilities
(a) Short-term Borrowings 2 1,00,000 1,70,000
(b) Trade Payables 75,000 80,000
(c) Short-term Provisions 3 25,000 20,000
Total 9,85,000 9,30,000
II. ASSETS
1. Non-Current Assets
(a) Property, Plant and Equipment and Intangible Assets:
(i) Property, Plant and Equipment:
Land and Building 5,50,000 5,50,000
(ii) Intangible Assets:
Goodwill 75,000 1,00,000
(b) Non-current Investment 2,00,000 1,50,000
2. Current Assets
(a) Inventories 65,000 50,000
(b) Trade Receivables 90,000 68,000
(c) Cash and Cash Equivalents 5,000 12,000
Total 9,85,000 9,30,000
Notes to Accounts
Particulars 31st March, 31st March,
2024 (`) 2023 (`)
1. Reserves and Surplus
Securities Premium 50,000 50,000
Surplus, i.e., Balance in Statement of Profit & Loss 25,000 ...
75,000 50,000
2. Short-term Borrowings
Current Maturities of Long-term Debts (8% Debentures) ... 90,000
Bank Overdraft 1,00,000 80,000
1,00,000 1,70,000
3. Short-term Provisions
Provision for Tax 25,000 20,000

Additional Information:
1. Net Profit for the year before Tax and dividend amounted to ` 63,000.
2. Provision for Tax made during the year 2023–24 was ` 23,000.
3. Depreciation provided on Land and Building for the year 2023–24 ` 80,000.
4. Debentures amounted to ` 90,000 were redeemed on 1st July, 2023.
5. Proposed dividend for the years ended 31st March, 2023 and 2024 were ` 10,000 and ` 15,000 respectively.
You are required to prepare Cash Flow Statement as per Accounting Standard-3 (Revised).
[Ans.: Cash Flow from Operating Activities = ` 1,13,600; Cash Used in Investing Activities =
` 1,30,000; Cash Flow from Financing Activities = ` 9,400;
Net Decrease in Cash and Cash Equivalents = ` 7,000.]
[Hint: Interest on Debentures = on ` 2,00,000 for 3 months + on ` 1,10,000 for 9 months = ` 10,600.]