From the following particulars of Bharat Gas Limited, calculate Cash Flows from Investing Activities. Also show the workings clearly preparing the ledger accounts:
Balance Sheet of Bharat Gas Ltd., as on 31 March, 2016 and 31 March 2017
| Particulars | Note No. | March 31 2017 (Rs.) | March 31 2016 (Rs.) |
| :--- | :--- | ---: | ---: |
| 1. Non-current Assets | | | |
| a) Fixed assets | | | |
| i) Tangible assets | 1 | 12,40,000 | 10,20,000 |
| ii) Intangible assets | 2 | 4,60,000 | 3,80,000 |
| b) Non-current investments | 3 | 3,60,000 | 2,60,000 |
| | March 31 2017 | March 31 2016 |
| 1. Tangible assets = Machinery | 12,40,000 | 10,20,000 |
| 2. Intangible Assets | | |
| Goodwill | 1,60,000 | 2,80,000 |
| Patents | 3,00,000 | 1,00,000 |
| | 4,60,000 | 3,80,000 |
| 3. Non-current Investments | | |
| 10% long term investments | 1,60,000 | 60,000 |
| Investment in land | 1,00,000 | 1,00,000 |
| Shares of Amartex Ltd. | 1,00,000 | 1,00,000 |
| | 3,60,000 | 2,60,000 |
(a)Patents were written-off to the extent of Rs. 40,000 and some Patents were sold at a profit of Rs. 20,000.
(b)A Machine costing Rs. 1,40,000 (Depreciation provided thereon Rs. 60,000) was sold for Rs. 50,000. Depreciation charged during the year was Rs. 1,40,000.
(c)On March 31, 2017, 10% Investments were purchased for Rs. 1,80,000 and some Investments were sold at a profit of Rs. 20,000. Interest on Investment was received on March 31, 2017.
(d)Amartax Ltd., paid Dividend @ 10% on its shares.
(e) A plot of Land had been purchased for investment purposes and let out for commercial use and rent received Rs. 30,000.