1. Cashflows Coaltown
ACCA June 2009

2. PPE PPE Cost Depreciation Op Balance 80000 48000 Acquisitions Paid For
20500
Disposals
(10000)
(9000)
Revaluations
3000
(2000)
Depn Charge
6000
Cl Balance
93500
43000

3. Gain on Sale
Cost
10000
Accum Depn
(9000)
Loss
1000
Incidental expenses
(500)
Total loss on sale
1500

4. Tax Tax Op Bal 5300 Acquisitions/CY Charge 3200 Cl Bal (3000)
Cash payments
5500

5. Equity & Revaluation
Equity
Share Premium
Cash
Issued
8600
4300
12900

6. Profit before taxation
10200
Adjustments for:
Depreciation
6000
Loss on sale
1500
Increase in trade and other receivables
(5000)
Increase in inventories
(800)
Decrease in trade payables
(300)
Warranty
700
Interest costs
600
Cash generated from operations
12900

7. B/f
12900
Interest paid
(600)
Income taxes paid
(5500)
 (6100)
Net cash from operating activities
6800
Cash flows from investing activities
Purchase of property, plant and equipment
(20500)
Disposal expenses
(500)
(21000) 
Net cash used in investing activities
(14200)

8. B/F
(14200)
Cash flows from financing activities
Proceeds from issue of loan notes
1000
Proceeds from issue of shares
12900
Dividend Paid
(4000)
9900
Net cash used in financing activities
(4300)

9. Net increase in cash and cash equivalents
(4300)
Cash and cash equivalents at beginning of period
700
Cash and cash equivalents at end of period
(3600)