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TENGGOL BHD
STATEMENT OF CASH FLOW FOR THE YEAR ENDED 31 DECEMBER 2011

CASHFLOW FROM OPERATING ACTIVITIES

Net profit before tax 421,000
Adjustment for:
Depreciation P&M 60,000
Depreciation F&F 8,000
Loss on disposal of F&F 1,000
Gain on disposal of P&M (4,000)
Interest paid 20,000

Operating profit before working capital changes 506,000

Increase in inventory (174,000)
Increase in account receivable (72,000)
Increase in account payable 70,000
Cash generated from operation 330,000
Interest paid (20,000)
Tax paid (349,000)
Net cash outflow from operating activities (39,000)

CASHFLOW FROM INVESTING ACTIVITIES

Purchase of P&M (148,000)
Purchase of F&F (16,000)
Proceed from disposal of P&M 8,000
Proceed from disposal of F&F 1,000
Proceed from disposal of Freehold properties 60,000
Net cash inflow from investing activities (95,000)

CASHFLOW FROM FINANCING ACTIVITIES

Proceed from issue new share 100,000
Redemption of Debentures (200K – 136K) (64,000)
Dividend paid (100,000)
Net cash outflow from financing activities (66,000)
Net decrease in Cash and Cash equivalent (198,000)
Cash and Cash equivalent at the beginning of year 314,000
Cash and Cash equivalent at the end of year 116,000

Cash and cash equivalent

2010 2011
Bank 64,000 -
Bank overdraft (84,000)
Marketable securities 250,000 200,000
314,000 116,000
 Tax account
Dr Cr
Bal b/d 90,000
SOPL – info 3 345,000
BANK (balancing figure) 349,000
Bal c/d 86,000
435,000 435,000

Freehold properties account

Dr Cr
Bal b/d 440,000
Disposal – info 4a 60,000
BANK -NO PURCHASES (info 4a) -
Bal c/d 380,000
440,000 440,000

Movement of PPE on disposal of Freehold properties

Sales proceed –BANK (info 4a) 60,000

Less:
Cost (60,000)
SOLD AT COST -
NO GAIN / NO LOSS

Machine account
Dr Cr
Bal b/d 360,000
Disposal – info 4a 40,000
BANK - new machine 148,000
Bal c/d 468,000
508,000 508,000

Accumulated depreciation - Machine account

Dr Cr
Bal b/d 140,000
SOPL info 4a 60,000
Disposal 36,000
Bal c/d 164,000
200,000 200,000
Movement of PPE on disposal of machine

Sales proceed –BANK ???

8,000
Less: Carrying value
Cost ????
40,000
Accumulated depreciation(info 4b) (36,000) (4,000)
Gain on disposal 4,000

Fixtures and fittings account

Dr Cr
Bal b/d 56,000
Disposal – info 4c 8,000
BANK -new F&F 16,000
Bal c/d 64,000
72,000 72,000

Movement of PPE on disposal of fixtures and fittings

Sales proceed –BANK 1,000

Less: Carrying value
Cost 8,000
Accumulated depreciation(info 4c) ???
(6,000) (2,000)
loss on disposal (1,000)

Dividend account
Dr Cr
Bal b/d 60,000
SOCIE 90,000
BANK – info 2 100,000
(60,000 + 40,000)
Bal c/d 50,000
150,000 150,000

OSC account
Dr Cr
Bal b/d 400,000
BONUS SHARE (info 6) 70,000
Issue new share-BANK 30,000
Bal c/d 500,000
500,000 500,000
 Share premium account
Dr Cr
Bal b/d 80,000
Issue new share - BANK 70,000
Bonus share-OSC(info 6) 70,000
Bal c/d 80,000
150,000 150,000

Retained profit account (Not required)

Dr Cr
Bal b/d 144,000
Taxation 345,000
Dividend 90,000
General reserve (info 7) 50,000
NET PROFIT BEFORE TAX 421,000
Bal c/d 180,000
615,000 615,000