The following are the summarised Balance Sheets of Dark Limited as at 31 st March, 2025 and 31 st March, 2024: Particulars 31 st March, 2025 ₹ in…
CA Intermediate · Advanced Accounting · RTP · May 2026
The following are the summarised Balance Sheets of Dark Limited as at 31 st March, 2025 and 31 st March, 2024: Particulars 31 st March, 2025 ₹ in Lakhs 31 st March, 2024 ₹ in Lakhs Equity and Liabilities Equity Share Capital 250.00 195.00 Profit & Loss Account 15.00 10.00 8% Debentures 50.00 40.00 Trade Payables 75.00 82.00 Unpaid Interest on Debentures 2.00 Provision for Taxation 8.00 5.00 400.00 332.00 Assets Property, Plant & Equipment 255.00 205.00 Goodwill 6.00 8.00 Inventories 28.00 42.00 Trade Receivables 52.00 50.00 Cash & Cash Equivalents 59.00 27.00 400.00 332.00 Other Information: Dividend paid during the year 2024-25 is 3,00,000, Depreciation charged during the year 2024-25 is 20,00,000. Fresh debentures were issued on 1 st April, 2024. You are required to prepare the Cash Flow Statement for the year ended 31 st March, 2025 using Indirect Method.
Suggested Answer and Working Notes:
Cash Flow statement of Dark Limited for the year ended 31 st March, 2025 Particulars ₹ in Lakhs ₹ in Lakhs Net Cash Flow from Operating Activities Closing Net Profit 15.00 Less: Opening Net Profit (10.00) Add: Dividend Paid 3.00 Provision for Tax 8.00 Interest on Debentures 4.00 Amortization of Goodwill 2.00 Net Profit before Taxation and extraordinary items 22.00 Depreciation 20.00 Operating Profit before working capital changes 42.00 Decrease in Trade Payable (7.00) Decrease in Inventories 14.00 Increase in Trade Receivables (2.00) Changes in working capital 5.00 Cash generated from Operations 47.00 Less: Tax paid (5.00) Net cash from Operating Activities 42.00 Cash Flow from Investing Activities Purchase of Fixed Assets (70.00) Net Cash used in Investing Activities (70.00) Cash Flow from Financing Activities Issue of Shares 55.00 Issue of Debentures 10.00 Dividend Paid (3.00) Interest Paid (2.00) Net Cash from Financing Activities 60.00 Net Increase in Cash and Cash Equivalents 32.00 Cash and Cash Equivalents as on 31.03.2024 27.00 Cash and Cash Equivalents as on 31.03.2025 59.00
Topics: AS 3
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