The following for Blackstone plc are a slightly simplified set of published accounts. Blackstone plc is an engineering business that developed a new range of products in 2011. These products now account for 60 per cent of its sales revenue. Income statement for the years ended 31 March
Notes: 1. The expense and the cash outflow for interest payable are equal for each year. 2. The movements in property, plant and equipment during the year are:
3. Intangible assets represent the amounts paid for the of another engineering business acquired during the year. 4. P roceeds from the sale of non-current assets in the year ended 31 March 2015 amounted to £54 million. 5. £300 million was paid in dividends on ordinary shares in 2014, and £400 million in 2015.
Required: Prepare a statement of cash flows for Blackstone plc for the year ended 31 March 2015.
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