Page 5 - 27. COMPILER QB - IND AS 7
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4,555
              Add: Depreciation &Amortisation (500 + 20)                              520
              Less: Gain on Sale of Machine (70-60)                                   (10)
              Less: Increase in Deferred Tax Asset (855-750)                         (105)
                                                                                     4,960
              Change in operating assets and liabilities
              Add: Decrease in financial asset (170 - 145)                             25
              Less: Increase in other non-current asset (800 - 770)                   (30)
              Less: Increase in other current asset (195 - 85)                        (110)

              Less: Decrease in other non-current liabilities (3,615 – 2,740)        (875)
              Add: Increase in other current liabilities (300 - 200)                   100
              Add: Increase in trade payables (150-90)                                 60
                                                                                      4,130
              Less: Income Tax                                                       (105)
              Cash generated from Operating Activities                                            4,025

              Cash flows from Investing Activities

              Sale of Machinery                                                        70
              Purchase of Machinery [13,000-(12,500 – 500-60)]                       (1,060)
              Purchase of Intangible Asset [50-(30-20)]                               (40)
              Sale of Financial asset - Investment (2,500 – 2,300)                    200
              Cash outflow from Investing Activities                                              (830)
              Cash flows from Financing Activities
              Dividend Paid                                                          (450)
              Long term borrowings paid (5,000 – 2,000)                              (3,000)
              Cash outflow from Financing Activities                                             (3,450)
              Net Cash outflow from all the activities                                            (255)
              Opening cash and cash equivalents (460 – 60)                                         400
              Closing cash and cash equivalents (220 – 75)                                         145


        Q4 (May 20)

        Entity  A  acquired  a  subsidiary,  Entity  B,  during  the  year.  Summarised  information  from  the  Consolidated
        Statement of Profit and Loss and Balance Sheet is provided, together with some supplementary information.
                         Consolidated Statement of Profit and Loss                  Amount (Rs)
                         Revenue                                                      3,80,000
                         Cost of sales                                               (2,20,000)
                         Gross profit                                                 1,60,000
                         Depreciation                                                 (30,000)
                         Other operating expenses                                     (56,000)
                         Interest cost                                                (4,000)
                         Profit before taxation                                        70,000
                         Taxation                                                     (15,000)
                         Profit after taxation                                         55,000




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