Which of the following is correctly classified as a 'Source of Funds' in a Fund Flow Statement?

A Fund Flow Statement explains changes in working capital between two balance sheet dates, identifying sources and applications (uses) of funds. Sources represent inflows: issue of shares or debentures, long-term borrowings, sale of fixed assets, funds from operations, and decrease in long-term investments. Applications represent outflows: redemption of debentures or preference shares, repayment of longterm loans, purchase of fixed assets, payment of dividends, and increase in working capital. Issue of equity shares at a premium generates cash proceeds (equity capital + securities premium) — a clear source of long-term funds. All other options in this question — redemption, asset purchase, dividend payment — are applications of funds, not sources.