AL BURAIMI HOTEL SAOG STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2019 Note 2019 RO 2018 ASSETS RO Non-current assets Property, plant and equipment 5 3,442,959 3,447,808 Current assets Inventories 6,803 16,305 185,007 17,779 14,589 Trade and other receivables 7 5,950 Amounts due from related parties Bank balances and cash 89,533 24,446 225,894 134,518 Total assets 3,668,853 3,582,326 EQUITY AND LIABILITIES Equity Share capital 10 3,572,832 137,117 3,572,832 113,931 (940,154) Legal reserve 11 Accumulated loss (731,482) Total equity 2,978,467 2,746,609 Liabilities Non-current liabilities Employees' end of service benefits 12 38,261 36,657 Current liabilities Term loans 13 283,798 290,714 30,179 47,434 276,047 444,245 Trade and other payables Amounts due to related parties Income tax payable 14 8 30,179 48,589 20 652,125 799,060 Total liabilities 690,386 835,717 Total equity and liabilities 3,668,853 3,582,326 Net assets per share 21 0.834 0.769
AL BURAIMI HOTEL SAOG STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2019 Note 2019 RO 2018 ASSETS RO Non-current assets Property, plant and equipment 5 3,442,959 3,447,808 Current assets Inventories 6,803 16,305 185,007 17,779 14,589 Trade and other receivables 7 5,950 Amounts due from related parties Bank balances and cash 89,533 24,446 225,894 134,518 Total assets 3,668,853 3,582,326 EQUITY AND LIABILITIES Equity Share capital 10 3,572,832 137,117 3,572,832 113,931 (940,154) Legal reserve 11 Accumulated loss (731,482) Total equity 2,978,467 2,746,609 Liabilities Non-current liabilities Employees' end of service benefits 12 38,261 36,657 Current liabilities Term loans 13 283,798 290,714 30,179 47,434 276,047 444,245 Trade and other payables Amounts due to related parties Income tax payable 14 8 30,179 48,589 20 652,125 799,060 Total liabilities 690,386 835,717 Total equity and liabilities 3,668,853 3,582,326 Net assets per share 21 0.834 0.769
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![AL BURAIMI HOTEL SAOG
STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2019
2019
RO
Note
2018
RO
ASSETS
Non-current assets
Property, plant and equipment
5
3,442,959
3,447,808
Current assets
Inventories
6.
6,803
16,305
185,007
17,779
14,589
5,950
Trade and other receivables
7
Amounts due from related parties
8
89,533
Bank balances and cash
24,446
225,894
134,518
Total assets
3,668,853
3,582,326
EQUITY AND LIABILITIES
Equity
Share capital
Legal reserve
10
3,572,832
3,572,832
11
137,117
(731,482)
113,931
(940,154)
Accumulated loss
Total equity
2,978,467
2,746,609
Liabilities
Non-current liabilities
Employees' end of service benefits
12
38,261
36,657
Current liabilities
Term loans
13
283,798
276,047
Trade and other payables
14
290,714
444,245
Amounts due to related parties
Income tax payable
8
30,179
30,179
20
47,434
48,589
652,125
799,060
Total liabilities
690,386
835,717
Total equity and liabilities
3,668,853
3,582,326
Net assets per share
21
0.834
0.769
These financial statements were approved and authorised
J.H.03-2.aas.. and signed on their behalf by:
for issue by the Board of Directors on
CHAIRMAN
DIRECTOR
The notes on pages 8 to 26 form part of thege financial stațements.
Auditor's report - pages 1 to 3
C.R. No.: ECU3460
S. of Crman
Page: 4
Burain](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F07958dfd-e59e-413e-84c1-cea0db0c4133%2Fa38afd34-f858-492f-8560-0a36b0a2ebe6%2Fczqor73_processed.jpeg&w=3840&q=75)
Transcribed Image Text:AL BURAIMI HOTEL SAOG
STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2019
2019
RO
Note
2018
RO
ASSETS
Non-current assets
Property, plant and equipment
5
3,442,959
3,447,808
Current assets
Inventories
6.
6,803
16,305
185,007
17,779
14,589
5,950
Trade and other receivables
7
Amounts due from related parties
8
89,533
Bank balances and cash
24,446
225,894
134,518
Total assets
3,668,853
3,582,326
EQUITY AND LIABILITIES
Equity
Share capital
Legal reserve
10
3,572,832
3,572,832
11
137,117
(731,482)
113,931
(940,154)
Accumulated loss
Total equity
2,978,467
2,746,609
Liabilities
Non-current liabilities
Employees' end of service benefits
12
38,261
36,657
Current liabilities
Term loans
13
283,798
276,047
Trade and other payables
14
290,714
444,245
Amounts due to related parties
Income tax payable
8
30,179
30,179
20
47,434
48,589
652,125
799,060
Total liabilities
690,386
835,717
Total equity and liabilities
3,668,853
3,582,326
Net assets per share
21
0.834
0.769
These financial statements were approved and authorised
J.H.03-2.aas.. and signed on their behalf by:
for issue by the Board of Directors on
CHAIRMAN
DIRECTOR
The notes on pages 8 to 26 form part of thege financial stațements.
Auditor's report - pages 1 to 3
C.R. No.: ECU3460
S. of Crman
Page: 4
Burain
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