DFS - Unwittington Ltd

lizrochford

Hello

I'm totally confused has anyone done the cashflow statement, I can't get the investing activities section correct, has anyone got the correct answer.

I've got net cash from operating activities £2010
Net cash from financing activities £5560

Liz:001_unsure:

Monsoon

The name rings a bell - can you provide a link to the past paper on the AAT website and I'll have a look? Cheers

lizrochford

http://www.aat-interactive.org.uk/past_papers/Technician_Diploma/2004/DFS%20Dec%2004%20questions.pdf

I've done something wrong with my additions or sale proceeds but I'm not sure what.

Monsoon

Hi Liz

I just gave it a go but haven't got a clue, sorry - I never do this kind of thing any more :blushing:

crispy

Hello,

The investing activities come out to £ (8,646) which is made up of:-

Purchase of Fixed Assets: £ (9,900)
Disposal Proceeds: £ 1,254

Fixed Assets 2004 22,708
Fixed Assets 2003 (16,797)
5,911
Depreciation Charge 2,952
NBV of Disposal 1,037
Additions for Year 9,900

NBV of Disposal 1,037
Gain on Disposal 217
Disposal Proceeds 1254

This looks a little messy but hope you can understand

lizrochford

Thankyou Crispy your a star!!! :001_smile:

Monsoon

cheers Crispy, glad you were able to help! :thumbup: