Exercise 5: Practical Question
Following is the balance sheet of HCL Ltd. for the year ended 31" March 2018 and 2019. You are
required to prepare cash flow statement.
Liabilities 2018 () 2019 )
Assets
2018 ) 2019 (3)
Equity Sh. Capital 3,00,000 3,50,000 Fixed Assets (Net) 5,10,000 6,20,000
10%. Pref. Sh. Cap 2,00,000 1,00,000 Investment
30,000 80,000
10% Debenture 1,00,000 2,00,000 Current Assets (Other) 2,00,000
3,05,000
Reserve & Surplus 1.10,000 2,70,000 Cash in Hand
40,000 70,000
Current Liabilities 80,000 1.60.000 Discount on Issue of
Debentures
10,000
5.000
10.80,000
7.90,000
10,80,000
7.90,000
Additional Information:
(a) Depreciation charged on fixed assets during the year 2015 was 60,000
(b) During the year 2019, a machine with a written Down Value of 40,000 was sold for
25,000
Dividend on equity shares @ 10% was paid for the year 2018 during 2019
(d) 10% Preference shares were redeemed at a premium of 10% on 31-12-2019 and on the
same date 1.00,000: 10% Debentures were issued.
Answer: Operating: 2,85,000; Investing: < (2,35,000); Financing: (20,000)
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