AL BURAIMI HOTEL SAOG STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 DECEMBER 2019 Note 2019 RO 2018 RO Revenue from operations Cost of operations 15 474,095 528,968 16 (294,006) (273,199) Gross profit 180,089 255,769 Other income 17 189,279 Administrative expenses Depreciation 40,745 (186,711) (18,977) 18 (116,916) (6,221) 5 Operating profit Finance charges 246,231 (9,528) 90,826 19 (10,775) Profit before income tax 236,703 80,051 Income tax 20 (4,845) Profit and total comprehensive income for the year 231,858 80,051 Basic earnings per share 21 0.065 0.022
AL BURAIMI HOTEL SAOG STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 DECEMBER 2019 Note 2019 RO 2018 RO Revenue from operations Cost of operations 15 474,095 528,968 16 (294,006) (273,199) Gross profit 180,089 255,769 Other income 17 189,279 Administrative expenses Depreciation 40,745 (186,711) (18,977) 18 (116,916) (6,221) 5 Operating profit Finance charges 246,231 (9,528) 90,826 19 (10,775) Profit before income tax 236,703 80,051 Income tax 20 (4,845) Profit and total comprehensive income for the year 231,858 80,051 Basic earnings per share 21 0.065 0.022
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
100%
Solve this income statement by vertical analysis:
Transcribed Image Text:46
22 I 2:44
AL BURAIMI HOTEL SAOG
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 DECEMBER 2019
Note
2019
RO
2018
RO
Revenue from operations
Cost of operations
15
474,095
(294,006)
528,968
16
(273,199)
Gross profit
180,089
255,769
Other income
17
189,279
40,745
(186,711)
(18,977)
Administrative expenses
18
(116,916)
Depreciation
5
(6,221)
Operating profit
Finance charges
246,231
(9,528)
90,826
(10,775)
19
Profit before income tax
236,703
80,051
Income tax
20
(4,845)
Profit and total comprehensive income for the year
231,858
80,051
Basic earnings per share
21
0.065
0.022
The notes on pages 8 to 26 form part of these financial statements.
Auditor's report - pages 1 to 3
Page: 5
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