DFS - Unwittington Ltd

lizrochford
lizrochford Registered Posts: 58 Regular contributor ⭐
in AAT Level 4 (Level 8 in Scotland)
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:

Comments

  • Monsoon
    Monsoon Registered Posts: 4,020 Beyond epic contributor 🧙‍♂️
    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
    lizrochford Registered Posts: 58 Regular contributor ⭐
    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
    Monsoon Registered Posts: 4,020 Beyond epic contributor 🧙‍♂️
    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
    crispy Registered Posts: 468 Dedicated contributor 🦉
    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
    lizrochford Registered Posts: 58 Regular contributor ⭐
    Thankyou Crispy your a star!!! :001_smile:
  • Monsoon
    Monsoon Registered Posts: 4,020 Beyond epic contributor 🧙‍♂️
    cheers Crispy, glad you were able to help! :thumbup:

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