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Cash Flow Statement 4.55
Notes to Accounts
Particulars 31st March, 31st March,
2014 (`) 2013 (`)
1. Reserves and Surplus
Surplus, i.e., Balance in Statement of Profit & Loss 10,00,000 6,00,000
2. Short-term Provisions
Provision for Tax 1,40,000 1,20,000
3. Property, Plant and Equipment
Machinery 42,00,000 33,00,000
Less: Accumulated Depreciation (4,00,000) (3,00,000)
38,00,000 30,00,000
4. Intangible Assets
Goodwill 9,40,000 5,40,000

Prepare a Cash Flow Statement after taking into account the following adjustment:
During the year, a piece of machinery costing ` 40,000 on which accumulated depreciation was ` 30,000,
was sold for ` 9,000. (OD 2015 C)
[Ans.: Cash Flow from Operating Activities = ` 2,71,000; Cash Used in Investing Activities =
` 13,31,000; Cash Flow from Financing Activities = ` 12,00,000;
Net Increase in Cash and Cash Equivalents = ` 1,40,000.]
23. From the following Balance Sheet of India Ltd. and the additional information given, prepare Cash
Flow Statement:
Particulars Note No. 31st March, 31st March,
2024 (`) 2023 (`)

I. EQUITY AND LIABILITIES
1. Shareholders’ Funds
(a) Share Capital: Equity Share Capital 4,00,000 3,00,000
(b) Reserves and Surplus 1 1,18,000 70,000
2. Non-Current Liabilities
Long-term Borrowings 1,00,000 1,00,000
3. Current Liabilities
(a) Short-term Borrowings 2 ... 50,000
(b) Trade Payables 3 99,000 75,000
(c) Short-term Provisions 4 50,000 40,000
Total 7,67,000 6,35,000
II. ASSETS
1. Non-Current Assets
Property, Plant and Equipment and Intangible Assets:
—Property, Plant and Equipment 5 3,70,000 2,80,000
—Intangible (Goodwill) 90,000 1,15,000
2. Current Assets
(a) Inventories 59,000 35,000
(b) Trade Receivables 6 2,30,000 1,80,000
(c) Cash and Cash Equivalents 18,000 25,000
Total 7,67,000 6,35,000