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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

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Solve this balance sheet by horizental analysis :

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
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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