STATEMENT OF PROFIT AND LOSS AND OTHER COMPREHENSIVE INCOME FOR THE YEAR ENDED ON 31MARCH 20

$000
REVENUE 2165
COST OF SALES 1389

GROSS PROFIT 776

DISTRIBUTION COST 295
ADMINISTRATIVE EXPENSES 250

PROFIT FROM OPERATIONS 231

FINANCE COST 24
INVESTMENT INCOME 15

PROFIT BEFORE TAX 222

INCOME TAX 165
PROFIT AFTER TAX 57

OTHER COMPREHENSIVE INCOME

$000
GAIN ON REVALUATION 100
GAIN / LOSS ON FV THROUGH OCI FINANCIAL ASSETS

TOTAL COMPREHENSIVE INCOME 157

ARRAN STATEMENT OF CHANGES IN EQUITY

SHARE SHARE REVALUATION RETAINED
CAPITAL PREMIUM SURPLUS EARNINGS
$000 $000 $000 $000
B/F 270 80 20 235
TOTAL COMPREHENSIVE INCOME 100 57
DIVIDENDS 27
270 80 120 265
C/F

ARRAN STATEMENT OF FINANCIAL POSITION AS AT 31MARCH 20X7

$000 $000
ASSETS

NON CURRENT ASSETS

PPE 706

CURRENT ASSETS
INVENTORY 85
CASH AT BANK AND IN HAND 3
RECEIVABLES 233 321
TOTAL 1027

EQUITY AND LIABILITIES

EQUITY
SHARE CAPITAL 270
SHARE PREMIUM 80
REVALUATION SURPLUS 120
RETAINED EARNINGS 265 735
LIABILITIES

NON CURRENT LIABILITIES

BANK LOAN 100

CURRENT LIABILITIES
TRADE PAYABLES 27
INCOME TAX 165 192

TOTAL 1027

WORKING NOTES

W1 PPE

NAME OF ASSETS OPENING PURCHASES SALES CLOSING

$000 $000 $000 $000
LAND 380 0 0 380
BUILDING 100 0 0 100
PLANT AND MACHINERY 400 0 0 400
880 880

CARRYING AMT
OF PLANT AND MAC =
E FOR THE YEAR ENDED ON 31MARCH 20X7

TOTAL
EQUITY
$000
605
157
27
735

ION AS AT 31MARCH 20X7

 ACCUMULATED DEP DEP FOR CURRENT YEAR TOTAL DEP REVALUATION WRITTEN DOWN VALUE
$000 $000 $000 $000 $000
100 480
30 5 35 65
170 69 239 161
200 74 274 100 706

RYING AMT CLOSING - ACC DEP

LANT AND MAC =
DOWN VALUE