Problem Set of Cash Flow Statement

Problem No.:-1

From the following information, prepare Cash Flow Statement for Pioneer Ltd.

Balance Sheet of Pioneer Ltd., as on March 31, 2017

Particulars Note No Amount Amount

I. Equity and Liabilities:
1. Shareholders’ Funds
a) Share capital 1 7,00,000 5,00,000
b) Reserve and surplus 2 4,20,000 2,50,000
2. Non-current Liabilities:
Long-term borrowings: 10% Bank Load 50,000 1,00,000
3. Current Liabilities:
a) Trade Payables 45,000 50,000
b) Other current liabilities: outstanding rent 7,000 5,000
c) Short-term provisions 3 3 50,000 30,000
Total 12,72,000 9,35,000
II. Assets
1. Non-current assets:
a) Fixed assets
i) Tangible assets 5,00,000 5,00,000
ii) Intangible assets 95,000 1,00,000
b) Non-current investments 1,00,000 -
2. Current assets:
a) Inventories 1,30,000 50,000
b) Trade receivables 1,20,000 80,000
c) Cash and cash equivalents 3,27,000 2,05,000
Total 12,72,000 9,35,000
Notes to Accounts:

Particulars Amount Amount

1. Equity share Capital 7,00,000 5,00,000
2. Reserve and Surplus
Surplus: i.e., Balance in Statement of Profit and Loss 4,20,000 2,50,000
3. Short-term Provision
Provision for Taxation 50,000 30,000
4. Fixed Assets
Tangible assets
(i) Equipments 2,30,000 2,00,000
(ii) Furniture 2,70,000 3,00,000
5,00,000 5,00,000
5. Intangible Assets
Patents 95,000 1,00,000
6. Cash and Cash Equivalents
(i) Cash 27,000 5,000
(ii) Bank Balance 3,00,000 2,00,000