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The document contains financial statements for PT ABC for years ending 2014 and 2013. It includes statements of financial position, income statement, and additional notes. The key information is: - Assets increased from 2014 to 2013, with higher inventory, accounts receivable and cash balances. Equipment decreased due to higher accumulated depreciation. - Equity and liabilities also increased, with higher share capital, retained earnings, and accounts payable. Bonds payable and income tax payable decreased. - In 2014, PT ABC had sales of €242,000 and net income of €32,000. - A statement of cash flows is requested using the direct method, along with calculating free cash flow

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448 views5 pages

Forum

The document contains financial statements for PT ABC for years ending 2014 and 2013. It includes statements of financial position, income statement, and additional notes. The key information is: - Assets increased from 2014 to 2013, with higher inventory, accounts receivable and cash balances. Equipment decreased due to higher accumulated depreciation. - Equity and liabilities also increased, with higher share capital, retained earnings, and accounts payable. Bonds payable and income tax payable decreased. - In 2014, PT ABC had sales of €242,000 and net income of €32,000. - A statement of cash flows is requested using the direct method, along with calculating free cash flow

Uploaded by

Mariana Hb
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as XLSX, PDF, TXT or read online on Scribd
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Diketahui di bawah ini adalah Laporan Keuangan PT ABC

PT ABC
Comparative Statements of Financial Position
December 31

Assets 2014 2013


Equipment € 60,000 € 78,000
Accumulated depreciation - equipment (29,000) (24,000)
Inventory 30,000 20,000
Accounts Receivable 33,000 14,000
Cash 37,000 20,000
Total € 131,000 € 108,000

Equity and Liabilities


Share capital - ordinary € 18,000 € 14,000
Retained Earnings 50,000 38,000
Bonds payable 27,000 33,000
Accounts payable 29,000 15,000
Income taxes payable 7,000 8,000
Total € 131,000 € 108,000

PT ABC
Income Statement
For the Year Ended December 31, 2014

Sales Revenue € 242,000


Cost of Goods Sold 175,000
Gross Profit 67,000
Operating expenses 24,000
Income from operations 43,000
Interest expense 3,000
Income before income taxes 40,000
Income tax expense 8,000
Net Income € 32,000

Informasi tambahan :
1. Depreciation expense sebesar € 13,300
2. Dividends declared and paid sebesar € 20,000
3. Selama tahun berjalan, equipment dijual sebesar € 9,700 cash.
Diketahui bahwa Equipment tersebut memiliki cost € 18,000 dan accumulated depreciation € 8,300 pada saat dijual.
4. Account payable pertain to merchandise suppliers.
5. Semua operating expenses selain depreciation dibayar dengan cash.
6. Semua depreciation expenses dimasukkan ke operating expenses.
7. Semua penjualan (sales) dan pembelian (purchases) are on account.

Instruksi :
1. Silahkan dibuatkan statement of cash flows dengan menggunakan direct method
2. Silahkan dihitung free cash flow

Selamat mengerjakan dan selamat berdiskusi.

Terima kasih

JAWAB:
1. Statement of cash flows using direct method
Pertama - tama dihitung terlebih dahulu :
a. Cash receipts from customers € 223,000
(Sales Revenue - Increase in Accounts Receivable)

b. Cash payments to suppliers € 171,000


(Cost of Goods Sold + Increase in inventory - Increase in accounts payable)

c. Cash payments for operating expenses € 10,700


(Operating expenses - Depreciation expenses)

d. Cash payments for income taxes € 9,000


(Income tax expense + Decrease on income taxes payable)

PT ABC
Statements of Cash Flows
For the Year Ended December 31, 2014

Cash flows from operating activities


Cash Receipts from customers € 223,000
Less cash payments :
To Suppliers € 171,000
For operating expenses 10,700
For Income taxes 9,000
For Interest 3,000 -193,700
Net cash provided by operating activities € 29,300

Cash flows from investing activities


Sale of equipment 9,700

Cash flows from financing activities


Issuance of ordinary shares 4,000
Redemption of bonds (6,000)
Payment of dividends (20,000)
Net cash used by financing activities (22,000)

Net increase in cash 17,000


Cash at beginning of period 20,000
Cash at ending of period € 37,000
2. Perhitungan free cash flow

Free Cash Flow = Cash Provided by Operating Activities - Capital Expenditures - Cash Devidends

Free Cash Flow = € 29,300 – € 0 – € 20,000 = € 9,300


n € 8,300 pada saat dijual.
- Cash Devidends

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