Relevant financial information for Shrewsbury Plc at 30 September, 20X8 and 20X7, is presented to the right, in £000s. R

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Relevant Financial Information For Shrewsbury Plc At 30 September 20x8 And 20x7 Is Presented To The Right In 000s R 1 (61.65 KiB) Viewed 13 times

Relevant financial information for Shrewsbury Plc at 30 September, 20X8 and 20X7, is presented to the right, in £000s. Required: Prepare the 'cash flows from operating activities' section of the company's statement of cash flows for the year ended 30 September, 20X8. C First, fill in the heading for the statement of cash flows (even though you are only completing the first part of the statement). (Complete the necessary drop downs.) Next, enter the relevant profit before tax (after interest) figure. (Complete the necessary drop downs. Enter your answers as whole number.) Cash flows from operating activities Next, adjust the profit before tax (after interest) for the effect that depreciation has on cash flows. (Complete the necessary drop downs. Enter your answers as whole number.) Profit before tax (after interest) for the year ended 30 September, 20X8 as above Next, show the adjustments to cash flows from operating activities resulting from changes in the levels of inventories, trade receivables and trade payables in the year. (Complete the necessary drop downs. Fill in the relevant cells with its corresponding figures. Negative figures should be entered in brackets.) Profit before tax (after interest) for the year as above Add Depreciation as above Finally, calculate the total cash generated from operations. (Enter your answers as whole number.) Cash generated from operations (£) Inventories Trade receivables Trade payables Depreciation charged in the year Profit before taxation (after interest) for the year 20X8 £ 378 5,880 2,268 1,183 14,800 20X7 £ 450 5,600 2,700 887 9,620