Delvane's warranty provision moves from 150,000 to 128,000; the charge for the year is 64,000 and uses (repairs paid) make up the rest of the movement. Profit is 402,000, depreciation 88,000; no other changes (case data). Compute the provision adjustment and net operating cash flow.
- Opening provision
- 150,000
- Closing provision
- 128,000
- Charge for the year
- 64,000
- Profit
- 402,000
- Depreciation
- 88,000