Formulas

Question 1

Profit before tax

Answer 1

Profit before tax

Question 2

Investment income

Answer 2

MINUS

Investment income

Question 3

Finance costs

Answer 3

MINUS

Finance costs

Question 4

Depreciation & Amortisation

Answer 4

C -B
+ Disposal cost
- Carrying amount
- Impairment

Question 5

Gain/Loss

Answer 5

MINUS

Gain/Loss

Question 6

Movement in inventories

Answer 6

MINUS

C-B

Question 7

Movement in receivables

Answer 7

MINUS

C-B

-Receivable
+Paid

Question 8

Movement in prepayments

Answer 8

MINUS

C-B

Question 9

Movement in payables

Answer 9

C-B

-Payable
+Paid

Question 10

Movement in accruals

Answer 10

C-B

Question 11

Tax paid

Answer 11

C-B

-P&L

Question 12

Interest paid

Answer 12

C-B (Interest accrual)

-P&L (Finance costs)

Question 13

Purchase of asset

Answer 13

MINUS

C-B

-Payable
+ Disposal (carrying amount)
+Depn

Question 14

Proceeds from disposals

Answer 14

MINUS

Carrying amount
+ Profit
- Receivable
+ Paid

Question 15

Interest received

Answer 15

Investment income

-Receivable
+Received

Question 16

Proceeds from use of shares

Answer 16

CAPITAL AND PREMIUM

C-B

-Retained earnings

Question 17

Dividends paid

Answer 17

C-B (Retained earnings)
-P&L (profit)

Question 18

Movement in borrowings

Answer 18

(Non current liabilities total)

C-B

Question 19

Cash and cash equivalents

(Beginning and end of year)

Answer 19

Cash
+ Equivalents
- Overdraft

Question 20

Proceeds from sale of asset

Answer 20

MINUS

C-B
-Additions
+Depreciation
+Loss

Question 21

Movement in borrowings

Answer 21

C-B
-Loan
+Preference shares