ACCA F3 Past Exam Papers Cash Flow
The following extract is from the financial statements of Pompeii, a limited liability company at 31 October:
2010 | 2009 | |
$'000 | $'000 | |
Equity and liabilities | ||
Share capital | 400,000 | 360,000 |
Share Premium | 70,000 | 56,000 |
Retained Earnings | 70,000 | 52,500 |
Bank Loan | 60,000 | 90,000 |
What is the cash flow from financing activities to be disclosed in the statement of cash flows for the year ended 31 October 2010?
Suggested Solution.
2010 | 2009 | Cash Flow | |
$'000 | $'000 | $'000 | |
Equity and liabilities | |||
Share capital | 400,000 | 360,000 | 40,000 |
Share Premium | 70,000 | 56,000 | 14,000 |
Retained Earnings | 70,000 | 52,500 | |
Bank Loan | 60,000 | 90,000 | (30,000) |
Answer | 24,000 |
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