The following are the statements of comprehensive income and financial positions of

Green Limited:
Green Limited
Statement of Comprehensive Income for the Year Ended 31st December 2018
GH₵ GH₵
Sales 86,000
Less: Cost of goods sold
Opening stock 16,500
Purchases 48,000
64,500
Less closing stock (24,000) (40,500)
Gross profit 45,500
Less operating expenses
Administrative expenses (9,000)
Depreciation (4,000)
Selling & distribution expenses (10,000) (23,000)
Profit before interest and tax 22,500
Interest (5,000)
Profit before tax 17,500
Corporate tax 6,000
Profit after interest & tax 11,500

Green Limited
Statement of Financial Position as at 31st December 2018
31/1/2018 31/12/017
Non-current assets
Plant & machinery 20,000 15,000
Motor vehicles 8,000 8,000
Equipment 10,000 12,000
38,000 35,000
Current assets
Inventory 24,000 16,500
Receivables 20,000 23,000
Cash & bank 48,000 92,000 34,000 73,500
Total assets 130,000 108,500
Financed by:
Stated capital 55,000 40,000
Income surplus 2,000 57,000 5,000 45,000
Non-current liabilities
5% Debenture 46,000 35,200
Current liabilities
Creditors 27,000 28,300
Total equity and liabilities 130,000 108,500

Required:
(a) Prepare the Statement of Cash-flow for Simons Limited for the year ended 31 st
December, 2018.