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4.54                                         Analysis of Financial Statements—CBSE XII
                        (ii)  Bank loan was repaid and Preference Shares were redeemed at par on 31st March, 2024.
                        (iii)  Debentures were redeemed on 1st January, 2024 and Equity Shares were issued on 1st April, 2023.
                        (iv)  During the year, company declared and paid interim dividend on Equity Shares @ 8%. Final dividend
                           was not proposed on equity shares.
                        (v)  At the end of the year some Non-current Investments costing ` 60,000 were sold at a profit of 20%.
                           Some of Non-current investments were also made on 31st March, 2024.
                        (vi)  Tax paid during the year was ` 1,40,000 and adjusted against Provision for Tax Account.
                       (vii)  Proposed dividend for the year ended 31st March, 2023 ` 24,000 was paid during the year.
                           [Ans.: Cash Flow from Operating Activities = ` 3,36,375; Cash Used in Investing Activities = ` 2,98,000;
                           Cash Used to Financing Activities = ` 1,03,375; Net Decrease in Cash and Cash Equivalents = ` 65,000.]
                      21.  From the following extract of Balance Sheet of a company, calculate Cash Flow from Financing Activities:
                     Particulars                                                      31st March,  31st March,
                                                                                       2024 (`)   2023 (`)
                     Equity Share Capital                                              6,00,000   4,00,000
                     10% Preference Share Capital                                      2,00,000   3,00,000
                     Securities Premium                                                 35,000      ...
                     11% Debentures                                                    5,00,000   4,00,000

                          Additional Information:
                          (i)  Equity shares were issued at a premium of 20% on 31st March, 2024.
                         (ii)  Underwriting commission on issue of equity shares ` 5,000. The company met underwriting commission
                             from Securities Premium.
                         (iii)  Preference shares were redeemed on 31st March, 2024 at par along with dividend.
                         (iv)  Additional Debentures were issued on 1st April, 2023.
                         (v)  The company paid interim dividend @ 9% on Equity Share Capital. The company did not propose
                             final dividend on Equity share Capital.
                                                             [Ans.: Cash Flow from Financing Activities = ` 1,14,000.]

                      22.  Following are the Balance Sheets of Sreshtha Ltd. as on 31st March, 2014 and 2013:
                     Particulars                                                Note No.  31st March,  31st March,
                                                                                        2014 (`)   2013 (`)
                      I.  EQUITY AND LIABILITIES
                        1.  Shareholders’ Funds
                          (a)  Share Capital                                           40,00,000   30,00,000
                          (b)  Reserves and Surplus                               1    10,00,000   6,00,000
                        2.  Non-Current Liabilities
                           Long-term Borrowings                                         6,00,000   4,00,000
                        3.  Current Liabilities
                          (a)  Trade Payables                                           3,00,000   4,00,000
                          (b)  Short-term Provisions                              2     1,40,000   1,20,000
                        Total                                                          60,40,000  45,20,000
                      II.  ASSETS
                        1.  Non-Current Assets
                          Property, Plant and Equipment and Intangible Assets:
                            (i)  Property, Plant and Equipment                    3    38,00,000   30,00,000
                           (ii)  Intangible Assets                                4     9,40,000   5,40,000
                        2.  Current Assets
                          (a)  Inventories                                              5,00,000   3,20,000
                          (b)  Trade Receivables                                        4,20,000   4,20,000
                          (c)  Cash and Cash Equivalents                                3,80,000   2,40,000
                       Total                                                           60,40,000  45,20,000
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