Following is the balance sheet of solar power ltd
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Cash Flow Statement with Adjustments
43. Following are the Balance Sheets of Solar Power Ltd, as at 31st March, 2014 and 2013:Solar Power Ltd.BALANCE SHEETParticularsNote No. 31st March, 31st March,2014 (3)2013)24,00,0006,00,000122,004,00,0004,80,000340,0003,58,0001,00,00039,38,0004,08.000154,00035,02,0001. EQUITY AND LIABILITIES1. Shareholders' Funds(a) Share Capital(b) Reserves and Surplus2. Non-Current LiabilitiesLong-term Borrowings3. Current Liabilities(a) Trade Payables(b) Short-term ProvisionsTotalII. ASSETS1. Non-Current AssetsFixed Assets:(i) Tangible Assets(ii) Intangible Assets2. Current Assets(a) Current Investments(b) Inventories(c) Trade Receivables(d) Cash and Cash EquivalentsTotal2321,40,00080,00017,00,0002.24.00014,80,0002,58,0003,40,0006,40,00039,38,0003,00,000242,0002,86,0007,50,00035,02,000NoteParticNotes to Accounts1. KSParticulars31st March, 31st March2014)20132 L1. Reserves and SurplusSurplus, i.e., Balance in Statement of Profit and Loss2. Tangible AssetsMachineryLess: Accumulated Depreciation6,00,0004,00,0003 SEPr25,40,000(4,00,000)21,40,00020,00,000(3,00,000)17,00,0003. Intangible AssetsGoodwillFLMAC80,0002,24,000Additional Information:During the year, a piece of machinery costing 48,000 on which accumulated depreciation was 32,000,was sold for 12,000.Prepare Cash Flow Statement.(OD 2015)[Ans.: Cash Flow from Operating Activities = 3,06,000; Cash Used in Investing Activities = 75,76,000;Cash Flow from Financing Activities = 3,40,000; Net Increase in Cash and Cash Equivalents = * 70,000.)