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cash flow

Forums › ACCA Forums › ACCA FA Financial Accounting Forums › cash flow

  • This topic has 1 reply, 2 voices, and was last updated 12 years ago by Sangria9.
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  • January 19, 2013 at 1:48 pm #113923
    van3
    Member
    • Topics: 2
    • Replies: 0
    • ☆

    – cash flow statement. the following figures are extracts from workings :
    dividends received—————$ 30,000
    repayments of borrowing——-$ 45,000
    increase in bank overdraft ——-$ 22,000
    proceeds of sale of non-current assets—-$49,000
    purchase of non-current assets——-$19,000
    income tax paid during the period——$ 8,000
    issue of new share capital——–$ 12,000

    What is the total cash flow for ‘net cash used in financing activities prepared in accordance with IAS 7 cash flow statement?
    (i) 27,000 inflow
    (ii) 55,000 outflow
    (iii)33,000 outflow
    (iv) 3,000 outflow

    January 19, 2013 at 4:11 pm #113926
    Sangria9
    Member
    • Topics: 25
    • Replies: 285
    • ☆☆☆

    You need only financing acitivities.

    – $45,000 – repayments of borrowing
    – $22,000 – increase in bank overdraft
    + $12,000 – issue of new share capital

    Total: $55,000 outflow (ii)

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