Question - 12

From the following statement of profit and loss of giradhari Ltd. for the year ended 31st March 2018 you are required to calculate cash flows from operating Activeties :

I Revenue form operations Rs. 45,00,000

II Other Income Rs. 90,000

III Total Revenue (I+II) Rs. 45,90,000

IV Expenses : 

(a) Cost of Material consumed Rs. 18,00,000 

(b) Changes in inventories of raw materials and finished goods Rs. 60,000

(c) Employees Benefit expenses Rs. 2,80,000

(d) Depreciation and Amortization Expnses Rs. 1,20,000

(e) other expenses Rs. 3,80,000

Total Expenses Rs. 26,40,000

V Profit before tax (III - IV) Rs. 19,50,000

VI Less : Payment of tax Rs. 2,80,000

VII Profit after tax Rs. 16,70,000

Note to Accounts:

1. Other income :

(a) Interest received on investment Rs. 78,000
(b) Gain on sale of machinery Rs. 12,000 = 90,000

2. Other expenses :

(a) Administration Expenses Rs. 2,20,000
(b) Selling and distribution expenses Rs. 1,38,000
(c) Loss on sale of Building Rs. 22,000 = 3,80,000

Other informations :

31.03.2018 : 

Current investments Rs. 80,000, 

Inventories Rs. 2,12,,000, 

Trade receivable Rs. 3,43,000, 

Trade payable Rs. 2,88,000.

Outstanding exp. Rs. 50,000. 

31.03.2017 : 

Prepaid exp. Rs. 1,22,000, 

 Inventories Rs. 2,72,000,

Trade receivable Rs. 3,06,000, 

Trade payable Rs. 2,50,000,

Outstanding exp. Rs. 58,000.

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