1) BURY

S1 21000*1/30000
0.7
Nci 0.3

S2 NAT
DOR DOA POST RE
OSC 30000 30000 0
RE 10280 2000 8280 8280*0.7 5796
RS 2000 2000 0 8280*0.3 2484 (NCI) -100
42280 34000 100
-7000
S3 GW
FVC 24000
FVC NCI 11700 (30000*0.7*1.3)
FVC NA -34000
1700

S4 CRE

P RE SOF 36500
S POST R 5796
URP -1440 (4800*0.3)
40856

S5 NCI

FV NCI 11700
POST RE 2484
14184
2) BICEPTS

S1 P-S 80%
NCI 20%

S2 NAT
DOR DOA Post RE
OSC 25000 25000 0
RE 15000 2000 13000
RS 2000 2000
URP -1000 -1000
41000 29000 12000 12000*0.8 9600
12000*0.2 2400

S3 GW

FVC 24000
FVC NCI 6000 25000*1.2*20%
FVC NA -29000 URP
1000 S 12000
COS 8000
P 4000 1000
S4 CRE

P RE SOF 37540
S POST R 9600

47140

S5 NCI

FV NCI 6000
POST RE 2400
8400
CSOPL

Revenue 323200
Cost of sales -176640
Gp 146560
Dc -22000
Ae -67900
56660
Int Income 0
FC -100
Div income 0
56560
ITE -18250
38310

ATTRIBUTABLE 33810
TO PROFIT 4500 (0.3*15000)
38310

CSOFP

NCA
L&B 151000
GW 1700

CA
INV 15810
TR 12420
CASH 6070
TOTAL ASSETS 187000

EQUITY & LIABILITY

OSC 100000
RE 40856
NCI 14184
NCL 1000
CL 7960
DIV 23000
TEL 187000
CSOPL

Revenue 197000
Cost of sales -89000
Gp 108000
Dc -13700
Ae -26784
67516
Int Income 0
FC -12
Div income 0
67504
ITE -19000
48504

ATTRIBUTABLE 44504
TO PROFIT 4000 (0.2*21000-1000)
48504

CSOFP

NCA
L&B 121050
GW 1000

CA
INV 14128
TR 22486
CASH 4744
TOTAL ASSETS 163408

EQUITY & LIABILITY

OSC 70000
RE 47140
NCI 8400
NCL 150
CL 6118
DIV 13600
TAX PAYABLE 18000
TEL 163408
1 GERRY CO

SOFPLOCI for the year ended $

Sales (10700-217 10483
Cos 6769.5
GP 3713.5
OI 0
DC 564.5
AE 1889.5
OOE
PBT/ Profit from operations/Operating 0
profit 1259.5

Investment income 0
Finance cost(30+20 50
PBT 1209.5
ITE(210
Profit for the year -210
(+RE SOCIE/SOFP) 999.5
OCI
Gain on revaluation
TCI (Total
(230
comprehensive 230
income) 1229.5

SOFP as at
Assets
PPE (1520+1460-
NCA
780+3600-272-136-
180+230 5442
IA (484-60.5 423.5
CA
Inventory
TR (-RA) (455
(-ORA 62) 455
TR (2900-62-83) 2755
Prepayment (29 29
Bank(132+1650 1782
Cash 0
Total Assets 10886.5

Equity and liabilities

Capital and reserve
OSC
(4400+1100+1100 6600
IPSC
Share premium
(686+550-1100
Revaluation Surplus 136
(230) 230
Retained
General Reserve
Earnings(800- 0
155+999.5 1644.5
 NCL (borrowings)
Loan notes (500
Redeemable 500
preference share 0

CL
TP (1488 1488
Accruals (58+20 78
Tax Payable (210 210
TEL 10886.5

2 USB CO

SOPLOCI FOR 31 Dec 20X7

Sales 21752
Cos -6208
GP 15544
OI 0
DC -700
AE -1714
OOE 0
PBT/Profit from operations/ Operating Profit 13130

Investment Income 0
Finance Cost 0
PBT 13130
ITE (1100 -1100
Profit for the year (+RE) 12030
OCI 0
Gain on Revaluation (1200 1200
TCI 13230

SOFP as at 31 Dec 20X7

Assets
NCA
PPE (1200+15000+8000+1400+320-4000-480-120-184 20686
IA 0
CA
Inventory (600-23+15) 592
TR (876-76-40) 760
Prepayment (8 8
Bank
Cash (100 100
Total Assets 22146

Equity and Liabilities

Capital and Reserve
OSC (1000+1000 2000
IPSC 0
Share Premium (500+500 1000
Revaluation Surplus (1200 1200
General Reserve 0
Retained earnings (560-200+12030 12390

NCL (borrowings)
Loan Notes 0
Redeemable Preference Shares 0

CL
TP (4440 4440
Accruals (16 16
Tax Payable (1100 1100
TEL 22146
W1 COS DC AE OOE OI
OI (880 880
Purchases 5850 5850
Wages (1020) 408 306 306
Insurance (178-29 74.5 74.5
Electricity (592+58=650) 390 130 130
AE 430
Discount rec (590 -590
Director renumeration (830 830
CI (465-35+25 -455
IDE(83 83
DE-Plant (136 136
DE-Bulding (180 90 54 36
AE (60.5 60.5
6769.5 564.5 1889.5
W1 COS DC AE OOE OI
OI (1400 1400
Purchases (5200 5200
Wages
Insurance
Electricity (16 16
AE (1206-8) 1198
Discount rec
Director renumeration
CI (600-23+15) -592
IDE(76 76
DE-Plant (184 184
DE-Bulding (400 400
DE-MV (50 50
DC 650
RA (40 40
6208 700 1714
NOBU