From the following information, prepare the Cash Flow Statement for the year that ended on 31 March 2008:

Balance Sheets as on __________

Liabilities

As on 31
March 2007
Rs.

Ason 31
March 2008
Rs.

Assets

Ason 31
March 2007
Rs.

Ason 31
March 2008
Rs.

Share Capital

1,50,000

1,75,000

Land & Building

1,10,000

1,50,000

Profit & Loss A/c

20,000

80,000

Machinery

2,00,000

1,40,000

Bank Loan

1,50,000

50,000

Stock

50,000

45,000

Creditors

80,000

95,000

Debtors

70,000

80,000

Bills Payable

50,000

40,000

Cash

20,000

25,000

4,50,000

4,00,000

4,50,000

4,00,000

Additional Information:

  1. Net Profit for the year 2007–08 amounted to Rs. 60,000.
  2. During the year 2007–08, a machine costing Rs. 25,000 (accumulated depreciation was Rs. 10,000) was sold for Rs. 13,000. The provision for depreciation against machinery as on 31 March 2007 was Rs. 50,000 and on 31 March 2008 was Rs. 85,000.