Flint Limited, which follows IFRS, has adopted the policy of classifying interest paid as operating...
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Accounting
Flint Limited, which follows IFRS, has adopted the policy of classifying interest paid as operating activities and dividends paid as financing activities. Condensed financial data for 2020 and 2019 follow (in thousands): Additional information: During the year, $70 of common shares were issued in exchange for plant assets. No plant assets were sold 2020. The FV-NI investments' carrying amount and market value were the same at December 31,2020. Prepare a statement of cash flows using the direct method. (Show amounts that decrease cash flow with either a - sign e.g. 15,000 or in barenthesis e.q. (15.000). Enter amounts in thousands.) Cash Flows from Financing Activities
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