Vervane's consolidated profit: 1,180,000, including a share of profit of an associate of 160,000; the associate paid 70,000 of dividends, classified as operating under the group's policy (case data). Other items: depreciation 310,000, deferred tax expense 42,000, unrealised exchange loss on a loan 19,000. Compute net operating cash flow (working capital assumed unchanged).
- Consolidated profit
- 1,180,000
- Share of associate profit
- 160,000
- Dividends received from the associate
- 70,000
- Depreciation
- 310,000
- Deferred tax expense
- 42,000
- Unrealised exchange loss
- 19,000