Question 1: Statements of financial position for Thor Limited at 311 December 2021 and 31 December 2020 together with extracts from the statement of profit or loss for the year ended 31 December 2019 and relevant notes are presented below. 2021 2020 0000 1000 Asses Nint-malais Imargile acts: patents 450 Propery plane and equipment 19597 12,485 Investments 1,244 339 21,271 13/625 Comenta Inventory 2.395 2,600 Trade and other recevabi 5423 4376 Ca and shapin 1,542 7,80 9,164 …… Tolon 29,07 22,393 Cameer lisilities Borowings 150 Trade and other peabios 5,79 1,911 Current Laation 1,500 8.22 5,943 Non-cumentabilne Bonowings 2000 1,000 Provisions sop 300 2,0410 7,50) B Toul liabilities 10,829 13,443 Net assets 18,25 9,350 Equity Share capital 2.000 1.500 Sture pranian 4,000 2,000 117575450 12,250 5,490 Heated rings 15,250 9350 [SEE NEXT PAGE] Thor Limited: statement of profit or loss (extract) for the year ended 31 December 2021 1000 Operating profit 8,427 Finance income 432 Finance expess99 Profit before tas 5.000 L Income tax 1,600 Profit for the year, 100 Notes to the financial statements -On 1 July 2021, Thor Limited paid £500,000 to acquire new patents. Patents are amortised on a straight line basis over five years. Thor Limited's share capital is made up of ordinary shares with a par value of 50 pence per share. On 1 October 2021, Thor Limited issued 1 million ordinary shares at a premium of £2 per share for cash. Trade and other receivables at 31 December 2020 include income tax recoverable of £600,000. This income tax recoverable was repaid to Thor Limited by the tax authorities on 31 March 2021.. Property, plant and equipment that had cost £150,000 and which had a carrying amount of £25,000 was sold for £35,000 on 1 October 2021. Depreciation charged on property, plant and equipment during the year to 31 December 2021 amounted to £4,074,000 - The cost of new property, plant and equipment purchased during the year was £10,790,000. - Borrowings shown under current liabilities are made up of the bank overdraft at 31 December 2021. Required: Prepare the statement of cash flows for Thor Limited for the year ended 31 December 2021 using the indirect method. [20 marks] The statement of cash flow is an integral part of the published accounts. Discuss what information this will provide for shareholders. [5 marks]