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QUESTION

Leta Ltd. Consolidated income statement for the year ended 31 October 2005: 'million' Sh. 'million' Revenue 5,106 Cost of sales 3,628 Gross profit...

The cost of plant of Pili Ltd. On the date of acquisition was Sh.200 million and depreciation was Sh.80 million.  During the year ended 31 October 2005, there was a revaluation gain of Sh.20 million attributable to the holding company’s plant.

Required:

Consolidated cash flow statement, in conformity with IAS7 (Cash Flow Statement), for the year ended 31 October 2005 using the indirect method of presentation.      

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