Soal 1 A comparative statement of financial position for Lion Ltd. is presented below.

Assets 2019 2018

Land Rp 532,500,000 Rp 825,000,000 Decr Rp 292,500,000 b
Equipment 2,025,000,000 1,500,000,000 Incre Rp (525,000,000) b
Accumulated depreciation—equipment -517,500,000 -315,000,000 Decr Rp 202,500,000 b
Inventory 1,350,000,000 1,417,500,000 Decr Rp 67,500,000 b
Accounts receivable 615,000,000 495,000,000 Incre Rp (120,000,000) b
Cash 472,500,000 165,000,000 Incre Rp (307,500,000)
Total Rp 4,477,500,000 Rp 4,087,500,000
Equitv and Liabilities Rp -
Share capital—ordinary (€1 par) Rp 1,605,000,000 Rp 1,230,000,000 Incre Rp (375,000,000) b
Retained earnings 1,492,500,000 1,005,000,000 Incre Rp (487,500,000)
Bonds payable 1,125,000,000 1,500,000,000 Decr Rp 375,000,000
Accounts payable 255,000,000 352,500,000 Decr Rp 97,500,000 b
Total Rp 4,477,500,000 Rp 4,087,500,000 Incre Rp (390,000,000)

Additional information:
1 Net income for 2019 was Rp 787,500,000
2 Cash dividends Rp 300,000,000
3 Bonds payable amounting to Rp 375,000,000 were retired through issuance of ordinary shares.
Instruction
1 Prepare a statement of cash flows for 2019 for Lion Ltd.
2 Determine Lion's current cash debt coverage, cash debt coverage, and free cash flow. Comment on its liquidity and financial flexibilit
 Rp (232,500,000)

Rp 52,500,000

Rp (300,000,000)

Rp 307,500,000

nd financial flexibility.