Question torrent plcs income statement for the year ended, Ask an Expert

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Question: Torrent plc's income statement for the year ended 31 December 2006 and the balance sheets as at 31 December 2005 and 2006 are as follows:

1877_Torent income statement.jpg

142_Torent balance sheet.png

During 2006, the business spent £67 million on additional plant and machinery. There were no other non-current asset acquisitions or disposals. There was no share issue for cash during the year. The interest payable expense was equal in amount to the cash outflow.

Required: Prepare the cash flow statement for Torrent plc for the year ended 31 December 2006.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M92245210

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