FAC1601 - Assessment 4 Feedback - Cash Flows

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED
R
CASH FLOWS FROM OPERATING ACTIVITIES
Cash receipt from customers
R(832 200 + 101 800 – 108 600 + 5 500 – 6 200 + 41 100) 865,800
Cash paid to suppliers and employees(calc below) -520,500
345,300
Dividends received
R(101 200 + 14 300 – 21 600) 93,900
Interest paid
(13,300)
Income tax paid
R(40 000 + 124 500 – 62 200) (102,400)
Distribution to members paid
R(108 600 + 44 000 – 78 200) (74,400)
Acquisition of listed investment
R(202 900 – 58 9000 – 20 000) (124,000)
Additional loans advanced to member
R(98 100 – 34 100 – 13 700) (50,300)
Net cash from operating activities


CASH FLOWS FROM INVESTING ACTIVITIES
Investments in property, plant and equipment to expand operating
capacity
Improvement of land and buildings
R(1 010 600 – 660 600 – 90 000) (260,000)
Investments in property, plant and equipment to maintain operating
capacity
Additions to equipment
R(624 900 – 569 500 + 32 200) (87,700)
Proceeds on sale of equipment
R(32 200 – 10 100) – 8 900) 13,200
Acquisition of fixed deposit
(58,900)

CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from members’ contributions
R( 1 276 500 – 1 080 100 – 90 000) 106,400
Proceeds from loans from members
R(118 700 – 16 400) 102,300
Proceeds from long-term borrowing
R(283 600 – 198 200) 85,400

CALCULATIONS
1. Paid to suppliers and employees R(45 000 + 66 900
– 137 000 + 20 800 – 17 100 + 23 400 + 31 200 +53
100 + 28 500 + 3 400 – 7 700)