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What was the appropriate figure for net cash

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Reference no: EM133060233

Question - The following is an extract from the statements of financial position of Tile plc as at 31 December 2019 and 2020

 

2019 £m

2020 £m

Plant and equipment (carrying value)

268

321

During the year to 31 December 2020 the following transactions took place:

1. Interest received was £11m and interest paid was £19m

2. Depreciation of plant and equipment during the year was £23m

There were no disposals of non-current assets during the year.

Required - What was the appropriate figure for net cash from investing activities for reporting in the statement of cash flows for the year ending 31 December 2020

A. (65M)

B. (76M)

C. (84M)

D. (87M)

Reference no: EM133060233

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