Balance Sheet Changes in Working Cap (Opening - Closing)

Operating Activities Current Assets Change

Net Loss -15,600 A/c receivable -2,800
Adjustment for Non-Cash items: Prepaid expenses 700
Gain on sale of invmt -300 Inventory -500
Loss on sale of plant 1,100 -2,600
Depreciation 4,500
Dividend received -900 Current Liabilities Change
Interest paid 4,200 A/c payable 3,200
Net change in Working Capital -100 Tax liability -700
Net Cash from OP. Act. -7,100 2,500

Investing activities: Net change -100

Machinery purchase -3,300 (-2600 + 2500)
Plant sale 300
Interest & dividend 1,000
Investment sale 5,400
Net Cash from Inv. Act. 3,400

Financing activities:
Loans issued 9,000
Shares issued 2,000
Interest paid -4,300
Debentures issued 5,200
Debentures redeemed -400
Net Cash from Fin. Act. 11,500

Sum of net cash 7,800

+ Cash at the beginning 6,900
Closing cash balance 14,700
 Cash Liab
+ Non-cash asset + owner equity
total = total
 Cash Flow Statement of Cochin Marine Foods Received from customers
Operating activities: Sales 85,800
Received from customers 83,000 Dec. in debtors -2,800
Paid to suppliers -78,900 83,000
Selling expenses -10,500
Taxes paid -700 Selling expenses
Net Cash from OP. Act. -7,100 From IS 11,200
Inc. in CA -700
Investing activities: 10,500
Interest received 100
Dividend received 900
Sale of investments 5,400
Purchase of machinery -3,300
Sale of plant 300
Net Cash from Inv. Act. 3,400

Financing activities:
Interest paid -4,300
Debentures issued 5,200
Debentures redeemed -400
Issue of shares 2,000
Loans taken 9,000
Net Cash from Fin. Act. 11,500

Sum of net cash 7,800

+ Cash at the beginning 6,900
Closing cash balance 14,700
 Payment to suppliers
Particulars Amount Comments
Gross COGS 86,100 OS + Pur - CS = COGS
- Depreciation -4,500 So, Pur = COGS - OS + CS
Net COGS 81,600
- Opening stock -7,100
+ Closing stock 7,600
Total Purchases 82,100
Increase in creditors -3,200
Paid to crs 78,900
Balance sheet Income statement
Assets 20x7 20x6 Delta Income 20x7
Non-Current Assets Sales 85,800
PPE at cost 60,700 60,900 200 Profit on investments 300
Less: Accumulated depreciation 20,300 17,900 -2,400 Dividend 900
PPE (net) 40,400 43,000 2,600 Interest 100
total income 87,100
Non-current invt 1,800 6,900 5,100
Expenses
Current assets COGS 86,100
Inventory 7,600 7,100 -500 Selling expenses 11,200
Trade receivables 9,300 6,500 -2,800 Interest 4,300
Cash & cash equivalents 14,700 6,900 -7,800 Loss on sale of plant 1,100
Prepaid expenses 500 1,200 700 total expenses 102,700
total assets 74,300 71,600
Loss 15,600
Equity
Equity share capital 21,500 19,500 -2,000
other equity 1,900 17,500 15,600

Non-current liabilities
Borrowings 39,000 25,200 -13,800

Current liabilities
Trade payables 11,800 8,600 -3,200
Current tax labilities 100 800 700
total equity & liabilities 74,300 71,600
Additional info:
Purchased machinery for cash 3300
Sold a plant for 300 (cost 3500, accumulated depreciation 2100)
Issued loans of 9000
Issued equity shares at par for 2500
Sold investments for 5400 (cost 5100)
Issued debentures 5200
Redeemed debentures 400
COGS includes depreciation 4500