From the following Balance Sheet of PP Ltd. as at 31st March, 2022, calculate Cash Flows from Operating Activities
PP Ltd.
Balance Sheet as at 31st March, 2022
| Particulars | Note No. | 31st March, 2022 ₹ |
31st March, 2021 ₹ |
|---|---|---|---|
| I Equity and Liabilities: | |||
| Shareholders’ Funds | |||
| (a) Share Capital | 1 | 70,00,000 | 50,00,000 |
| (b) Reserves and Surplus | 2 | 10,00,000 | 8,00,000 |
| 2. Non-Current Liabilities | |||
| Long-term Borrowings | 3 | 20,00,000 | 15,00,000 |
| 3. Current Liabilities | |||
| (a) Trade Payables | 2,00,000 | 1,00,000 | |
| (b) Short-term Provisions | 4 | 50,000 | 80,000 |
| Total | 1,02,50,000 | 74,80,000 | |
| II Assets : | |||
| 1. Non-Current Assets | |||
| (a) Fixed Assets | |||
| (i) Tangible Assets | 5 | 65,00,000 | 40,00,000 |
| (ii) Intangible Assets | 6 | 2,00,000 | 3,00,000 |
| (b) Long-term Loans and Advances | 10,00,000 | 15,00,000 | |
| 2. Current Assets | |||
| (a) Inventories | 6,00,000 | 7,00,000 | |
| (b) Trade Receivables | 5,00,000 | 3,00,000 | |
| (c) Cash and Cash Equivalents | 14,50,000 | 6,80,000 | |
| Total | 1,02,50,000 | 74,80,000 |
Note to Accounts :
| Note No. | Particulars | 31st March, 2022 ₹ |
31st March, 2021 ₹ |
|---|---|---|---|
| 1 | Share Capital | ||
| Equity Share Capital | 70,00,000 | 50,00,000 | |
| 2 | Reserves and Surplus (Surplus i.e., Balance in the Statement of Profit and Loss) | 10,00,000 | 8,00,000 |
| 3 | Long-term Borrowings | ||
| 6% Debentures | 20,00,000 | 15,00,000 | |
| 4 | Short-term Provisions | ||
| Provision for Tax | 50,000 | 80,000 | |
| 5 | Tangible Assets | ||
| Land and Building | 65,00,000 | 40,00,000 | |
| 6 | Intangible Assets | ||
| Goodwill | 2,00,000 | 3,00,000 |
Additional Information:
Marks-5, CBSE:2021-22/Compartment/Q-12
Answer :