Loans to Associates – cash flow statement

In an example, there was a loan to associate opening and closing balance in the CSFP.

We had to compute the dividend from the associate.

In the t-account, however, the loan amount was not taken:

Investment:
op – 456
cl – 466

loan to assoc

op – 300
cl – 380

share of profit in CSPL = 48

the workings show

op————————–456
cl————————–(466)
profit from assocs——48
divi from assoc ———(38) (bal fig)
————————————–
——————————0

Question: why dont we take into account the loan to associate?