New World Company Limited is a large manufacturer of electrical goods. You are a trainee accountant working for the company. The following statement of profit or loss and other comprehensive income and statement of financial position extracts relate to New World Company Limited.

Required:
Prepare the statement of cash flows for New World Company Limited for the year ended 31 December 2017. (20 marks)

Statement of Cash Flows for the year ended 31 December 2017