Document ID: chunk:federal_register_of_legislation:F2024C00050:body:0:p17
Version: federal_register_of_legislation:F2024C00050
Segment Type: other
Provision Reference: 
Character Range: 43354–49776

Consolidated statement of financial position as at end of 20X2
                                                                            20X2                  20X1
Assets
Cash and cash equivalents                                                   230                   160
Accounts receivable                                                         1,900                 1,200
Inventory                                                                   1,000                 1,950
Portfolio investments                                                       2,500                 2,500
Property, plant and equipment at cost                           3,730                 1,910
Accumulated depreciation                                        (1,450)               (1,060)
Property, plant and equipment net                                           2,280                 850
Total assets                                                                7,910                 6,660

Liabilities
Trade payables                                                              250                   1,890
Interest payable                                                            230                   100
Income taxes payable                                                        400                   1,000
Long-term debt                                                              2,300                 1,040
Total liabilities                                                           3,180                 4,030

Shareholders' equity
Share capital                                                               1,500                 1,250
Retained earnings                                                           3,230                 1,380
Total shareholders' equity                                                  4,730                 2,630
Total liabilities and shareholders' equity                                  7,910                 6,660

Direct method statement of cash flows (paragraph 18(a))
                                                                         20X2
Cash flows from operating activities
Cash receipts from customers                                30,150
Cash paid to suppliers and employees                        (27,600)
Cash generated from operations                              2,550
Interest paid                                               (270)
Income taxes paid                                           (900)

Net cash from operating activities                                       1,380

Cash flows from investing activities
Acquisition of subsidiary X, net of cash acquired (Note A)  (550)
Purchase of property, plant and equipment (Note B)          (350)
Proceeds from sale of equipment                             20
Interest received                                           200
Dividends received                                          200

Net cash used in investing activities                                    (480)

Cash flows from financing activities
Proceeds from issue of share capital                        250
Proceeds from long-term borrowings                          250
Payment of lease liabilities                                (90)
Dividends paid(a)                                           (1,200)

Net cash used in financing activities                                    (790)

Net increase in cash and cash equivalents                                110
Cash and cash equivalents at beginning of period (Note C)                120
Cash and cash equivalents at end of period (Note C)                      230
(a) This could also be shown as an operating cash flow.

Indirect method statement of cash flows (paragraph 18(b))
                                                                                                                    20X2
Cash flows from operating activities
Profit before taxation                                     3,350
Adjustments for:
                                                           Depreciation                             450
                                                           Foreign exchange loss                    40
                                                           Investment income                        (500)
                                                           Interest expense                         400
                                                                                                    3,740
                                                           Increase in trade and other receivables  (500)
                                                           Decrease in inventories                  1,050
                                                           Decrease in trade payables               (1,740)
Cash generated from operations                             2,550
Interest paid                                              (270)
Income taxes paid                                          (900)
Net cash from operating activities                                                                           1,380

Cash flows from investing activities
Acquisition of subsidiary X net of cash acquired (Note A)  (550)
Purchase of property, plant and equipment (Note B)         (350)
Proceeds from sale of equipment                            20
Interest received                                          200
Dividends received                                         200
Net cash used in investing activities                                                                        (480)

Cash flows from financing activities
Proceeds from issue of share capital                       250
Proceeds from long-term borrowings                         250
Payment of lease liabilities                               (90)
Dividends paid(a)                                          (1,200)
Net cash used in financing activities                                                                        (790)

Net increase in cash and cash equivalents                                                                    110
Cash and cash equivalents at beginning of period (Note C)                                                    120
Cash and cash equivalents at end of period (Note C)                                                          230
(a) This could also be shown as an operating cash flow.

Notes to the statement of cash flows (direct