From the following particulars as furnished by Jhajha Ltd, calculate its Net Cash Flow from the financing activities for the year that ended on 31 March 2009:
|
31 March 2008 Rs. |
31 March 2009 Rs. |
|
|
Equity Share Capital |
2,00,000 |
3,00,000 |
|
Preference Share Capital |
1,00,000 |
1,50,000 |
|
Debentures |
1,20,000 |
1,70,000 |
|
Long-term Loan |
1,00,000 |
1,20,000 |
|
Proposed Dividend (Equity) |
24,000 |
38,000 |
|
Outstanding Interest on Debentures |
10,000 |
8,000 |
During the year 2008–09, the following events took place:
|
New Issue of Preference Shares at 10% discount |
1,00,000 |
|
New Issue of Debentures at 20% discount |
1,50,000 |
|
Repayment of Long-term Loan |
70,000 |
|
Payment of Preference Dividend |
22,000 |
|
Payment of Interest on Long-term Loan |
14,000 |
|
Interim Equity Dividend paid during the year in addition to Proposed Dividend |
16,000 |
|
Interest on Debentures for the year |
18,000 |
|
New Equity Shares issued at a 10% Premium |