INDIAN SCHOOL AL WADI AL KABIR
Class: XII Department: Commerce
Accountancy
Worksheet No: 1 Topic: Cash Flow Statement
1.Calculate the Net profit before tax and extra ordinary item from the following
details:
Profit after tax: Rs.60,000
Proposed dividend of previous year Rs.6,000
Interim dividend paid Rs.5,000
Transfer to General Reserve Rs.10,000
Provision for tax Rs.7,000
Refund of tax Rs.3,000
Extraordinary item (Dr) Rs.1,000
Extraordinary item (Cr) Rs.4,000
2. From the following information calculate Net profit before tax and
Extraordinary item
Surplus (opening balance in statement of P/L) Rs.1,50,000.
Surplus (closing balance in statement of P/L) Rs. 3,36,000.
Interim dividend paid Rs 90,000
Transfer to Reserve Rs.1,00,000
Provision for tax Rs.1,50,000
Refund of tax Rs.3,000
Loss due to earthquake Rs.2,00,000
Proceeds from earthquake disaster settlement Rs. 50,000
3.Calculate operating profit before working capital changes from the following
details:
Profit during the year 2022-23 Rs.95,000.
Gain on sale of non-current investment Rs.2,000.
Goodwill written off Rs.3,000.
Loss on sale of fixed assets Rs.900
Depreciation of fixed asset Rs.3,900
Transfer to Reserve Rs.5,000
Provision for tax Rs.15,000.
Interest paid on debentures Rs.20,000
4. Calculate operating profit before working capital changes from the following
details:
PARTICULARS 2022-23 21-22
1.EQUITY AND LIABILITIES Rs Rs
Shareholders Fund:
(a)Share Capital 3,00,000 4,00,000
(b)Reserves and Surplus:
Profit/loss A/c 60,000 50,000
General Reserve 25,000 60,000
Non- Current Liabilities:
10% Debentures 1,00,000 75,000
Current Liabilities: Trade payable 3,10,000 2,95,000
Short Term Provision:
Provision for Tax 1,25,000 1,95,000
TOTAL 9,20,000 10,75,000
ASSETS
Non-Curent Assets :
Fixed Assets : Machinery 3,70000 5, 10,000
Intangible assets : Goodwill 30000 40000
Current assets:
Inventories 2,00,000 2,25,000
Trade receivables 2,90,000 3,00,000
Cash and cash equivalent 30,000 --------
TOTAL 9,20,000 10,75,000
Additional information:
1. Dividend paid during the year was 25,000
2. Proposed dividend 2021-22 was 15,000 and 2022-23 was 10,000.
5.Calculate the cash flow from operating activities:
PARTICULARS 2022-23 2021-22
1.EQUITY AND LIABILITIES Rs Rs
Shareholders Fund:
(a)Share Capital 5,00,000 4,00,000
(b)Reserves and Surplus:
Profit/loss A/c 60,000 50,000
General Reserve 40,000 35,000
Non- Current Liabilities:
10% Debentures 1,00,000 1,50,000
Current Liabilities:
Trade payable 3,10,000 2,95,000
Short Term Provision:
Provision for Tax 1,15,000 1,95,000
TOTAL 11,25,000 11,25,000
ASSETS
Non-Curent Assets :
Fixed Assets : Machinery 4,50,000 4,70,000
10%Noncurrent Investment 90,000 30,000
Current assets:
Inventories 2,00,000 2,25,000
Trade receivables 2,90,000 3,00,000
Cash and cash equivalent 95,000 1,00,000
TOTAL 11,25,000 11,25,000
Additional information:
1. Tax paid during the year Rs.1,00,000.
2. Interim dividend paid is Rs. 50,000
6.From the following details calculate cash flow from investing activities:
Machinery on 1.4.2022– Rs.50,000
Machinery as on 31.3.3023 – Rs.60,000
5% Investment as on 1.4.2022 – Rs.10,000 and on 31.3.2023 Rs.15,000
Additional information:
During the year machinery with BV Rs.7,500 is sold at a loss of Rs.500.
Depreciation charged during the year was Rs. 25,000
7.Following is an extract of Balance sheet:
Particulars 31.3.2023 31.3.2022
Non-current assets
Intangible: Patent 70,000 50,000
10% Non-current investments 80,000 65,000
During the year investment of Rs.15,000 is sold for Rs.13,000
Calculate the cash flow from investing activities.
8.From the following information, calculate Cash Flow from Investing activities
Particulars 2022-23(₹) 2021-22 (₹)
Machinery (at cost) 9,00,000 5,00,000
Accumulated Depreciation 4,50,000 3,00,000
Additional information:
During the year a machine costing 1,00,000 on which depreciation charged was
40,000 was sold for 70,000.
9. From the following information, calculate Cash Flow from Investing
activity
Particulars 2022-23(₹) 2021-22 (₹)
Machinery (at cost) 80,000 50,000
Accumulated Depreciation 17,000 12,000
10% Non-Current Investment 2,00,000 1,50,000
Additional Information:
1. Machinery costing Rs.20,000, accumulated depreciation on it Rs.5,000
was sold for Rs.16,000.
2. 10% Investments were sold on 31st March 2023.
10.From the following particulars, calculate Cash Flow from Investing
Activities Particulars
Purchased Sold
Machinery 6,00,000 2,00,000
Investments 2,00,000 80,000
Goodwill 1,00,000 ...
Patents ... 1,50,000
Additional Information:
1. Interest received on debentures held as investment ₹ 8,000.
2. Dividend received on shares held as investment ₹ 20,000.
3. Rent received ₹ 50,000 during the year.
11.From the following extracts of Balance Sheet of Exe Ltd., calculate Cash
Flow from Financing Activities:
Particulars 31st March, 2023 31st March, 2022
Equity Share Capital 5,00,000 4,00,000
10% Preference Share Capital 4,00,000 5,50,000
Securities Premium Reserve 2,25,000 1,00,000
12% Debentures 4,00,000 3,00,000
Additional Information:
1. Equity Shares were issued on 31st March, 2022.
2. Interim dividend on Equity Shares was paid @ 10%.
3. 12% Debentures of face value ₹ 1,00,000 were issued on 1/4/2022.
