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प्रश्न
From the following information of Hoopla Ltd., you are required to prepare a Cash Flow Statement (as per AS 3) for the year 2021 - 22.
| Particulars | (₹) | |
| (i) | Profit for the year 2021-22, before considering dividend and tax but after taking into account the following items: |
15,80,000 |
| (a) Depreciation on Property, Plant & Equipment | 5,50,000 | |
| (b) Interest Payable on Bank Loan | 3,80,000 | |
| (c) Profit on sale of investments, the book value of which was ₹ 2,20 000. |
1,00,000 | |
| (ii) | During the year 2021-22: | |
| (a) The company | ||
| • Paid Tax (which was provided in 2020 - 21) | 4,40,000 | |
| • Issued 66,000 equity shares of ₹ 10 each | 6,60,000 | |
| • Repaid Bank Loan | 15,00,000 | |
| • Paid interest on Bank Loan | 3,00,000 | |
| • Paid Dividend | 5,00,000 | |
| (b) Trade payables decreased by | 10,000 | |
| (c) Cash at bank increased from ₹ 60,000 on 1st April, 2021 to ₹ 7,00,000 on 31st March, 2022. |
उत्तर
| Hoopla Ltd. Cash Flow Statement for the year end 31st March 2022 |
||
| Particulars | Amount (₹) | Amount (₹) |
| A. Cash Flow from Operating Activities | ||
| Profit before tax and extraordinary items | 15,80,000 | |
| Adjustment for non-cash and non-operating items | ||
| Add: Depreciation on property, plant and equipment | 5,50,000 | |
| Interest payable on bank loan | 3,80,000 | |
| Less: Profit on sale of investments | (1,00,000) | |
| Operating profit before working capital changes | 24,10,000 | |
| Less: Decrease in current liabilities | ||
| Decrease in Trade payables | (10,000) | |
| Cash generated from operations | 24,00,000 | |
| Less: Tax paid | (4,40,000) | |
| Cash flow from Operating Activities | 19,60,000 | 19,60,000 |
| B. Cash flow from Investing Activities | ||
| Proceeds from Sale of Investments (2,20,000 + 1,00,000) |
3,20,000 | |
| Cash flow from investing activities | 3,20,000 | 3,20,000 |
| C. Cash Flow from Financing Activities | ||
| Proceeds from issue of equity shares | 6,60,000 | |
| Repayment of Bank loan | (15,00,000) | |
| Payment of Interest on bank loan | (3,00,000) | |
| Payment of dividend | (5,00,000) | |
| Cash used in Financing Activities | (16,40,000) | (16,40,000) |
| Net increase in cash and cash equivalents | 6,40,000 | |
| Add: Opening balance of cash and cash equivalents | 60,000 | |
| Closing balance of cash and cash equivalents | 7,00,000 | |
APPEARS IN
संबंधित प्रश्न
Following is the Balance Sheets of Wind Power Ltd as at 31.3.2014:
| Wind Power Ltd Balance Sheet as at 31.3.2014 |
|||
| Particulars | Note No |
2013-14 Rs |
2012-13 Rs |
|
I. Equity and Liabilities 1. Shareholder’s Funds a. Share Capital b. Reserve and Surplus 2. Non - Current Liabilities a. Long-term borrowings 3. Current Liabilities a. Trade Payables b. Short-Term Provisions |
1
|
48,00,000 12,00,000
9,60,000
7,16,000 2,00,000 |
44,00,000 8,00,000
6,80,000
8,16,000 3,08,000 |
| Total | 78,76,000 | 70,04,000 | |
|
II. Assets a) Fixed Assets (i) Tangible assets (ii) Intangible b) Non – Current Investments 2. Current Assets a) Current Investments b) Inventories c) Trade Receivables d)Cash and Cash Equivalents |
2 3
|
42,80,000 1,60,000
9,60,000 5,16,000 6,80,000 12,80,000 |
34,00,000 4,80,000
4,48,000 4,84,000 5,72,000 16,20,000 |
| Total | 78,76,000 | 70,04,000 | |
Notes to Accounts
| Note No |
Particulars | As On 31-3-2014 |
As On 31-3-2013 |
| 1 |
Reserve and Surplus |
12,00,000 |
8,00,000 |
|
2
|
Tangible Assets Machinery Less: Accumulated Depreciation |
50,80,000 (8,00,000) |
40,00,000 (6,00,000) |
|
3
|
Intangible Assets Goodwill |
1,60,000 |
4,80,000 |
Additional information
During the year a piece of machinery, costing Rs 96,000 on which accumulated depreciation was Rs 64,000 was sold for Rs 24,000.
Prepare Cash Flow Statement
State any two advantages of preparing cash flow statement.
From the following Balance Sheet of Vijay Ltd. as on 31-3-2009 and 31-3-2010 prepare a Cash Flow Statement.
|
Liabilities |
31-3-2009 Rs |
31-3-2010 Rs |
Assets |
31-3-2009 Rs |
31-3-2010 Rs |
|
Share Capital |
45,000 |
65,000 |
Fixed Assets |
46,700 |
83,000 |
|
General Reserve |
15,000 |
27,500 |
Stock |
11,000 |
13,000 |
|
Profit and Loss Account |
10,000 |
15,000 |
Debtors |
18,000 |
19,500 |
|
Trade Creditors |
8,700 |
11,000 |
Cash |
2,000 |
2,500 |
|
|
|
|
Preliminary Expenses |
1,000 |
500 |
|
|
78,700 |
1,18,500 |
|
78,700 |
1,18,500 |
|
|
|
|
|
|
|
Additional Information:
(i) Depreciation on Fixed assets for the year 2009-2010 was Rs 14,700
(ii) An interim dividend Rs 7,000 has been paid to the shareholders during the year.
Short Answer Question
“The nature/type of enterprise can change altogether the category into which a particular activity may be classified.” Do you agree? Illustrate your answer.
Name the activities which is related to long-term funds or capital of an enterprise?
Assertion (A): Buy-back of equity shares comes under financing activities.
Reason (R): Financing activities are the activities that result in a change in the size composition of the owner's capital and borrowing of the enterprise from other sources.
An example of Cash Flows from Operating Activity is ______
Which of the following is not an investing cash flow?
Dividend received by other than financial enterprise is shown in cash flow statement under ______.
In case of financial enterprises, the cash flow resulting from interest and dividend received and interest paid should be classified as cash flow from ______.
