CBSE 2022 · Region 2 · Set 3 · Q12

Calculate 'Cash Flows from Operating Activities' for the year ended 31st March, $\displaystyle 2021$ from the following Balance Sheet of Raman Ltd. as at 31st March, $\displaystyle 2021$ : Balance Sheet of Raman Ltd. as at 31st March, $\displaystyle 2021$ Note $\displaystyle 31.3.2021$ $\displaystyle 31.3.2020$ Particulars No. < < I Equity and Liabilities : $\displaystyle 7$ 1. Shareholders Funds (a) Share Capital $\displaystyle 7,50,000$ $\displaystyle 7,00,000$ (b) Reserves and Surplus $\displaystyle 1$ $\displaystyle 1,25,000$ $\displaystyle 55,000$ 2. Non-Current Liabilities Long-term Borrowings $\displaystyle 1,00,000$ $\displaystyle 62,500$ 3. Current Liabilities (a) Short-term Borrowings $\displaystyle 2$ $\displaystyle 6,000$ $\displaystyle 5,000$ (b) Trade Payables $\displaystyle 7,500$ $\displaystyle 41,500$ (c) Short-term Provisions $\displaystyle 3$ $\displaystyle 9,000$ $\displaystyle 5,500$ Total $\displaystyle 9,97,500$ $\displaystyle 8,69,500$ _ II Assets : 1. Non-Current Assets Fixed Assets (a) Tangible Assets $\displaystyle 4$ $\displaystyle 9,30,000$ $\displaystyle 8,05,000$ (b) Intangible Assets $\displaystyle 5$ $\displaystyle 25,000$ $\displaystyle 15,000$ 2. Current Assets (a) Current Investments $\displaystyle 4,000$ $\displaystyle 2,500$ (b) Inventories $\displaystyle 18,500$ $\displaystyle 29,500$ (c) Trade Receivables $\displaystyle 13,000$ $\displaystyle 11,500$ (d) Cash and Cash Equivalents $\displaystyle 7,000$ $\displaystyle 6,000$ Total $\displaystyle 9,97,500$ $\displaystyle 8,69,500$ Notes to Accounts : Note $\displaystyle 31.3.2021$ $\displaystyle 31.3.2020$ Particulars No. < < $\displaystyle 1$ Reserves and Surplus (Balance in Statement of Profit and Loss) $\displaystyle 1,25,000$ $\displaystyle 55,000$ $\displaystyle 2$ Short-term Borrowings Bank Overdraft $\displaystyle 6,000$ $\displaystyle 5,000$ $\displaystyle 3$ Short-term Provisions Provision for Tax $\displaystyle 9,000$ $\displaystyle 5,500$ $\displaystyle 4$ Tangible Assets Machinery $\displaystyle 10,00,000$ $\displaystyle 8,50,000$ Accumulated Depreciation $\displaystyle (70,000)$ $\displaystyle (45,000)$ $\displaystyle 9,30,000$ $\displaystyle 8,05,000$ $\displaystyle 5$ Intangible Assets Patents $\displaystyle 25,000$ $\displaystyle 15,000$ Additional Information : Tax paid during the year amounted to ₹ $\displaystyle 6$,500.