The SS 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 2022ParticularsAmount…

The SS 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 2022ParticularsAmount (Rs.)Revenue from operation1,000,000Less: Cost of sales(650,000)Gross margin350,000Add Other income (including dividend received Rs 21,000)50,000Total400,000Less: Distribution expenses(80,000)Less: Administrative expenses (including depreciation of Rs 75,000 and bad debts of Rs 10,000)(225,000)Operating Profit95,000Less: Finance cost(20,000)Net profit before tax75,000Less: Provision for tax(18,750)Net profit after tax56,250Less: Dividend paid(10,000)Retained Earnings46,250 Statement of Financial Position of a company for 2021 and 2022Assets20212022Non-Current Assets:Property, plant and equipment400,000500,000Goodwill30,00040,000Investments170,000210,000Total Non-Current Assets600,000750,000Current Assets:Inventories/Stock40,00050,000Cash and cash equivalents50,00060,000Account receivables50,00070,000Trade and Other receivables30,00040,000Total Current Assets170,000220,000Fictitious AssetsTotal Assets (Total Non-current and Current Assets)770,000970,000Equity:Share capital @Rs 100 each400,000500,000Reserve/Retained earnings50,00096,250Non-controlling interestsTotal Equity450,000596,250LiabilitiesNon-Current Liabilities:Loans and borrowings100,000200,000Total Non-Current Liabilities100,000200,000Current Liabilities:Trade and other payable180,000155,000Income tax liabilities18,750Provisions40,000Total Current-Liabilities220,000173,750Total Liabilities (Total Non-current and Current)320,000373,750Total Equity and Total Liabilities770,000970,000 Required: Statement of Cash Flow under NFRS