Cameron's Screensavers Ltd
Statement of Financial Position as at 31

question 14

Essay

Cameron's Screensavers Ltd
Statement of financial position as at 31 December 2015 (Extracts)
$\begin{array} { l r r }&2014 & 2015 \\&\$ & \$\\\text { Shareholders'Equity }\\ \text { Share capital (\$1 shares) } & 250,000 & 360,000 \\ \text { Revaluation reserve } & 20,000 & 60,000 \\ \text { General reserve } & 150,000 & 100,000 \\ \text { Retained profits } & 66,000 & 76,000 \\ & \$ 486,000 & \$ 596,000 \end{array}$
Additional information:
• There was a bonus issue of 1 bonus share for every 5 existing shares held.
• Land and buildings was revalued by $40,000.
• A profit of $17,000 was earned during the year.
• Dividends of $6,000 were paid during the year that had been provided for in the prior year and $7,000 was provided as a final dividend at the end of the current year.
REQUIRED:
Show the financing section of the statement of cash flows for Cameron Screensavers for the year ended 31 December 2009.

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