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4.48 Analysis of Financial Statements—CBSE XII
14. From the following summarised Balance Sheets of KBC Ltd. as at 31st March, 2024 and 31st March,
2023, you are required to prepare Cash Flow Statement:
Particulars Note No. 31st March, 31st March,
2024 (`) 2023 (`)
I. EQUITY AND LIABILITIES
1. Shareholders’ Funds
(a) Share Capital 3,50,000 3,00,000
(b) Reserves and Surplus 1 2,30,000 1,50,000
2. Non-Current Liabilities
Long-term Borrowings: 15% Debentures 1,00,000 1,50,000
3. Current Liabilities
(a) Trade Payables 1,25,000 80,000
(b) Short-term Provisions 2 38,000 35,000
(c) Other Current Liabilities: Outstanding Expenses 6,000 5,000
Total 8,49,000 7,20,000
II. ASSETS
1. Non-Current Assets
(a) Property, Plant and Equipment and Intangible Assets:
—Property, Plant and Equipment 3 4,75,000 4,00,000
(b) Long-term Investments (At Cost) 90,000 90,000
2. Current Assets
(a) Inventories 1,18,000 85,000
(b) Trade Receivables 1,22,500 1,12,500
(c) Cash and Cash Equivalents:
Cash in Hand 43,500 32,500
Total 8,49,000 7,20,000
Notes to Accounts
Particulars 31st March, 31st March,
2024 (`) 2023 (`)
1. Reserves and Surplus
Capital Reserve (Profit on Sale of Investment) 5,000 ...
Surplus, i.e., Balance in Statement of Profit & Loss 2,25,000 1,50,000
2,30,000 1,50,000
2. Short-term Provisions
Provision for Tax 38,000 35,000
3. Property, Plant and Equipment
Cost of Plant and Machinery 6,00,000 5,00,000
Less: Accumulated Depreciation 1,25,000 1,00,000
4,75,000 4,00,000

Additional Information:
1. During the year ended 31st March, 2024, a part of Plant with a net Book Value of ` 5,000 (accumulated
depreciation ` 15,000) was sold for ` 4,000.
2. During the year ended 31st March, 2024, investment costing ` 40,000 was sold.
3. Debentures were redeemed at a premium of 10%.
4. Tax of ` 37,500 was paid.
5. Debenture interest paid during the year ended 31st March, 2024 was ` 15,000.
6. Proposed dividend for the years ended 31st March, 2023 and 2024 were ` 15,000 and ` 17,000 respectively.
[Ans.: Cash Flow from Operating Activities = ` 1,57,000; Cash Used in Investing
Activities = ` 1,11,000; Cash Used in Financing Activities = ` 35,000;
Net Increase in Cash and Cash Equivalents = ` 11,000.]