The KK Company's Statement of Profit and Loss account and Statement of Financial Position for two years have been given below: Statement of Profit and Loss for the year 2023ParticularsAmount…

The KK Company's Statement of Profit and Loss account and Statement of Financial Position for two years have been given below: Statement of Profit and Loss for the year 2023ParticularsAmount (Rs)Revenue from operation1,200,000Less: Cost of sales(800,000)Gross margin400,000Add Other income (including dividend received Rs 10,000)60,000Total460,000Less: Distribution expenses(100,000)Less: Administrative expenses (write-off of goodwill Rs 10,000 and depreciation of Rs 90,000)(260,000)Operating Profit100,000Less: Finance cost(25,000)Net profit before tax75,000Less: Provision for tax(18,750)Net profit after tax56,250Less: Dividend paid(6,000)Retained Earnings50,250 Statement of Financial Position of a company for 2022 and 2023Assets20222023Non-Current Assets:Property, plant and equipment500,000600,000Intangible assets (Goodwill)40,00030,000Investments160,000220,000Total Non-Current Assets700,000850,000Current Assets:Inventories/Stock40,00050,000Cash and cash equivalents50,00060,000Account receivables60,00050,000Trade and Other receivables50,00040,000Total Current Assets200,000200,000Fictitious Assets--Total Assets (Total Non-current and Current Assets)900,0001,050,000Equity:Share capital @Rs.100 each500,000600,000Reserve/Retained earnings30,00080,250Non-controlling interests--Total Equity530,000680,250LiabilitiesNon-Current Liabilities:10% Loans and borrowings250,000351,000Total Non-Current Liabilities250,000351,000Current Liabilities:Trade and other payable50,000-Income tax liabilities-18,750Provisions70,000-Total Current-Liabilities120,00018,750Total Liabilities (Total Non-current and Current)370,000369,750Total Equity and Total Liabilities900,0001,050,000 Required: Statement of Cash Flow under NFRS