ZULIAN BERHAD

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2020

Net income 36 500

Depreciation 34 000
Changes in working capital:
Acc receivable 9 000
Inventories (5 000)
Prepaid expenses (2 000)
Acc payable (29 500)
Taxes payable (7 500)
Net cash from operating activities 35 000
Investing activities
Change in fixed assets (124 500)
Net cash from investing activities (124 000)
Financing activities
Common stock (9 000)
Preferred stock (231 000)
Retained earnings (16 500)
Mortgage 150 000
Net cash from financing activities 106 500
Net increase in cash 17 000
Cash at beginning year 76 000
Cash at end of year 93 000

Sources are decrease in assets, and increase in liability (funds inflow)

Uses are increase in assets, and decrease in liability (funds outflow)