The following information relates to transactions of the Consolidated Fund for the year ended 31st December, 2019. GHc’000 Tax revenues 200,000 Non tax revenues 98,500 Grants 67,000 Purchase of goods 41,000 Purchase of Furniture and Fittings 34,000 Construction of Roads 85,000 Domestic borrowing 40,000 External bilateral borrowing 70,000 Eurobonds issued 92,000 Repayment of domestic borrowing 22,000 Purchase of motor vehicle 21,000 Repayment of Eurobond 33,400 Interest paid 25,000 Sale proceeds from disposal of Equity Investment 43,500 Consultancy services paid 15,500 Consumption of fixed capital 50,000 Bank and cash balance ( 1/1/19) (80,000) Bank balance and cash (31/12/19) 254,100 Required: Prepare Cash Flow Statement for the Consolidated Fund for the year ended 31st December 2019 in accordance with the IPSAS 2: Cash
The following information relates to transactions of the Consolidated Fund for the year ended 31st December, 2019.
|
|
GHc’000 |
|
Tax revenues |
200,000 |
|
Non tax revenues |
98,500 |
|
Grants |
67,000 |
|
Purchase of goods |
41,000 |
|
Purchase of Furniture and Fittings |
34,000 |
|
Construction of Roads |
85,000 |
|
Domestic borrowing |
40,000 |
|
External bilateral borrowing |
70,000 |
|
Eurobonds issued |
92,000 |
|
Repayment of domestic borrowing |
22,000 |
|
Purchase of motor vehicle |
21,000 |
|
Repayment of Eurobond |
33,400 |
|
Interest paid |
25,000 |
|
Sale proceeds from disposal of Equity Investment |
43,500 |
|
Consultancy services paid |
15,500 |
|
Consumption of fixed capital |
50,000 |
|
Bank and cash balance ( 1/1/19) |
(80,000) |
|
Bank balance and cash (31/12/19) |
254,100 |
Required:
Prepare
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