Which of following is classified as part of 'investing activities' in the statement of cash flows?

A) gain on sale of investments.
B) depreciation of non-current assets.
C) proceeds from an issue of shares.
D) acquisition of non-current assets.

Investing Activities

Activities concerning the acquisition and disposal of long-term assets and other investments not included in cash equivalents.

Non-Current Assets

Long-term assets that are not expected to be converted into cash within one year of the balance sheet date, including property, plant, equipment, and intangible assets.

Gain on Sale

The financial profit realized when the selling price of an asset exceeds its book value or costs at the time of sale.