Cashflows Minster

ACCA December 2006

Minster PPE & Software

PPE Software

Op Balance 940 0

Acquisitions Paid For

410 180

Revaluations 35

Depn Charge (255) (45)

Coal Mine 150

Cl Balance 1280 135

Tax

Tax (Profits & Deferred Tax)

Op Bal 25+ 50

Acquisitions/CY Charge 57

Cl Bal (60) + (18)

Cash payments 54

Investments

Investments (BS)

Investment Income (P&L)

Op Bal 125

Gains 15 15

Acquisition/Income

10 5

Cl Bal 150

Cash payments 54

Equity & Revaluation

Equity Share Premium

Revaluation

Op Bal 300 85 25

Bonus Issue 75 (75)

Reval 35

Issue 125 140

Cl Bal 500 150 60

Dividend Paid 100

Profit before taxation 162

Adjustments for:

Depreciation 300

Increase in trade and other receivables 85

Increase in inventories 30

Decrease in trade payables (205)

Cash generated from operations 372

B/f 372

Interest paid (28) 

Income taxes paid (54)  (82)

Net cash from operating activities   290

Cash flows from investing activities

Purchase of property, plant and equipment (590)  

Purchase of Investments (10)

Investment Income 5 (595)

Net cash used in investing activities   (305)

B/F (305)

Cash flows from financing activities

Proceeds from issue of loan notes 120

Proceeds from issue of shares 265

Dividend Paid (100) 285

Net cash used in financing activities (20)

Net increase in cash and cash equivalents (20)

Cash and cash equivalents at beginning of period (5)

Cash and cash equivalents at end of period (25)