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 400,000360,000
Share Premium 70,00056,000
Retained Earnings 70,00052,500
Bank Loan 60,00090,000

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 400,000360,000 40,000
Share Premium 70,00056,000 14,000
Retained Earnings 70,00052,500
Bank Loan 60,00090,000 (30,000)
Answer 24,000

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