A company sold warehouse premises at a loss during a financial period. How would this transaction be included in a statement of cash flows for the period that complies with IAS 7 Statement of Cash F/ows and that uses the indirect method to present

cash flows from operating activities?

Loss on disposal              Proceeds from sa/e in cash flows from

A

Deduct as an adjustment in the calculation of cash flows from operating activities

Include

in cash flows from investing activities

B

Deduct as an adjustment in the calculation of cash flows from operating activities

Include

in cash flows from operating activities

C

Add as an adjustment in the calculation of cash flows from operating activities

Include

in cash flows from investing activities

D

Add as an adjustment in the calculation of cash flows from operating activities

Include

in cash flows from operating activities