Cash Flow Statement

You have obviously not watched my free lectures on statements of cash flows, because I work through a very similar example and show how to calculate the acquisitions of non-current assets. The opening carrying value was 26,574. They charged depreciation during the year of 4,658 and sold assets with a carrying value of 1,974. Therefore, had there been no acquisitions, the carrying value at the end of the year would have been 26,574 - 4,658 - 1,974 = 19,942. The actual carrying value at the end of the year was 44,282. Therefore they must have made acquisitions of 44,282 - 19,942 = 24,340. Do watch my free lectures - they are a complete free course for Paper F3 and cover everything needed to be able to pass the exam well.