There were no non-current asset disposals in either year


Question: Chen plc's income statements for the years ended 31 December 2005 and 2006 and the balance sheets as at 31 December 2005 and 2006 are as follows:

1881_Income statement1.jpg

2279_Balance sheet of 2005-06.jpg

1330_Equity.jpg

There were no non-current asset disposals in either year. The amount of cash paid for interest equalled the expense in both years.
Required: Prepare a cash flow statement for the business for 2006.

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Finance Basics: There were no non-current asset disposals in either year
Reference No:- TGS02231891

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