CSR Limited is a leading supplier of building and construction materials headquartered in Sydney,…

CSR Limited is a leading supplier of building and construction materials headquartered in Sydney, Australia. The company’s 2011 total assets were more than A$2.2 billion, where A$ is the Australian dollar. The following items appeared in CSR’s 2011 statement of cash flows (in millions), which it reports using the direct method: Receipts from customers …………..A$ 3,400 Payments to suppliers and employees ……… (3,142) Dividends and distributions received ……… 7 Interest received …………….. 13 Other cash paid for operating activities …….. (28) Net cash from operating activities ………. 185 Purchase of property, plant, and equipment ……. (143) Proceeds from sale of property, plant, and equipment … 49 Net repayments of borrowings ………… (795) Net cash from disposal of discontinued operations …. 1,873 Dividends paid …………….. (307) Capital return to CSR Limited shareholders ….. (661) Other investing activities ………….. (60) Income taxes paid …………… (65) Net cash from investing activities ……… 1,719 Proceeds from issue of shares ……….. 3 Interest and other finance cost paid …….. (41) Net cash from financing activities ……….. (1,801) Net increase in cash …………… ? 1. Prepare a statement of cash flows for CSR Limited using the direct method. Include the proper amount for the net inc

 

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