Latihan soal cash flow (IFRS)

(Preparation of a Statement of Cash Flows) Presented below is a condensed version of the comparative statements of financial position for Yoon Corporation for the last two yars at December 31 (000,000 omitted).

	2010		2009
Investment	$ 52.000,00		$ 74.000,00
Equipment	$ 298.000,00		$240.000,00
Less: Accumulated depreciation	$ (106.000,00)		$(89.000,00)
Accounts Receivable	$ 180.000,00		$185.000,00
Cash	$ 157.000,00		$ 78.000,00
Share capital-ordinary	$ 160.000,00		$160.000,00
Retained Earnings	$ 287.000,00		$177.000,00
Current Liabilities	$ 134.000,00		$151.000,00

Additional information
Investment were sold at a loss of $7.000; no equipment was sold; cash dividend paid $50.000; and net income was $160.000

Instruction
Prepare a statement of cash flow for 2010 for Yoon Corporation

Answer

	2010		2009	Increase/ Decrease
Investment	$ 52.000,00		$ 74.000,00	$ (22.000,00)
Equipment	$ 298.000,00		$  240.000,00	$ 58.000,00
Less: Accumulated depreciation	$ (106.000,00)		$ (89.000,00)	$ (17.000,00)
Accounts Receivable	$ 180.000,00		$ 185.000,00	$ (5.000,00)
Cash	$ 157.000,00		$ 78.000,00	$ 79.000,00
Share capital-ordinary	$ 160.000,00		$ 160.000,00	$        -
Retained Earnings	$ 287.000,00		$ 177.000,00	$ 110.000,00
Current Liabilities	$ 134.000,00		$ 151.000,00	$ (17.000,00)

Yoon Corporation
Cash Flow
For the year ended December 31, 2010 in ($00,00)
Cash Flow from operating activities
Net Income					160.000,00
	Adjustment to reconcile net income to net cash provided by operating activities
		Depreciation Expense		17.000,00
		Decrease in Accounts Receivable		5.000,00
		Decrease in Current Liabilities		(17.000,00)
	Net Cash provided by operating activities				5.000,00
Cash flow from Investment activities
	Purchase of Equipment			(58.000,00)
	Investment			22.000,00
	Net Cash provided by investment activities				(36.000,00)
Cash flow from financial activities
	Dividend Paid			(50.000,00)
	Net cash provided by financial activities				(50.000,00)
Net Increase in cash					79.000,00
Cash at beginning of year					78.000,00
Cash at end of year					157.000,00