Following is the Financial Statement of Garima Ltd., prepare cash flow statement. Particulars Note No. 31st March 2017 (Rs) 31st March 2016 (Rs) I) Equity and Liabilities 1. Shareholders’ Funds a) Share capital 1 4,40,000 2,80,000 b) Reserve and surplus-Surplus 2 40,000 28,000 2. Current Liabilities a) Trade payables 1,56,000 56,000 c) Short-term provisions 12,000 4,000 (Provision for taxation) Total 6,48,000 3,68,000 II) Assets 1. Non-current assets a) Fixed assets i) Tangible 3,64,000 2,00,000 2. Current assets a) Inventories 1,60,000 60,000 b) Trade receivables 80,000 20,000 c) Cash and cash equivalents 28,000 80,000 d) Other current assets 16,000 8,000 Total 6,48,000 3,68,000 Notes to Accounts Particulars 31st March 2017 (Rs) 31st March 2016 (Rs) 1. Share capital a) Equity share capital 3,00,000 2,00,000 b) Preference share capital 1,40,000 80,000 4,40,000 2,80,000 2. Reserve and surplus Surplus in statement of profit and loss at the beginning of the year 28,000 Add: Profit of the year 16,000 Less: Dividend 4,000 Profit at the end of the year 40,000 Additional Information: Interest paid on Debenture Rs 600 Dividend paid during the year Rs 4,000 Depreciation charged during the year Rs 32,000