the following figures have been extracted from the books of x ltd for the year that 619090

The following figures have been extracted from the books of X Ltd for the year that ended on 31 March 2004. You are required to prepare a Cash Flow Statement.

1. Net profit, before taking into account the income tax and income from law suits but after taking into account the following items, was Rs. 20 lakhs:
   1. Depreciation on Fixed Assets – Rs. 5 lakhs.
   2. Discount on issue of debentures written off – Rs. 30,000.
   3. Interest on debentures paid – Rs. 3,50,000.
   4. Book value of investment – Rs. 3 lakhs (sale of investment for Rs. 3,20,000).
   5. Interest received on investment – Rs. 60,000.
   6. Compensation received was Rs. 90,000 by the company in a suit filed.
2. Income tax paid during the year – Rs. 10,50,000.
3. 15,000, 10% preference shares of Rs. 100 each were redeemed on 31 March 2004 at a premium of 5%. Further the company issued 50,000 equity shares of Rs. 10 each at a premium of 20% on 2 April 2003. Dividend on preference shares were paid at the time of redemption.
4. Dividends paid for the year 2002–03 was Rs. 5 lakhs and interim dividend paid was Rs. 3 lakhs for the year 2003–04.
5. Land was purchased on 2 April 2003 for Rs. 2,40,000, for which the company issued 20,000 equity shares of Rs. 10 each at a premium of 20% to the land owner as consideration.
6. Current Assets and Current Liabilities at the beginning and at the end of the year were detailed as follows: