Calculate Earning before interest Tax

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question
Calculate Earning before interest Tax
17:59 A &e
LTE2 .ll
Vo)
READ ONLY - This is an older file format. To ..
Find...
statement
for the year ended 31
December 2019
2019
2018
Notes
AED 000
AED '000
Revenue
24
7,147,881
6,286,533
Direct costs
25
(4,378,237)
(3,654,846)
Gross profit
2,769,644
2,631,687
Selling and marketing expenses
General and administrative
26
(109,522)
(85,440)
expenses
Staff costs
(218,948)
(230,142)
27
(237,423)
Depreciation and amortisation
Provisions, impairments and
write-downs, net
Others
6,7
(268,550)
28
(152,675)
(50,048)
(126,407)
(139,235)
Share of (loss)/profit from
associates and joint ventures
Gain on disposal of joint venture
Gain on disposal of property, plant
and equipment
9
(3,096)
49,863
9
30,319
22,964
Fair value loss on investment
properties, net
Gain on disposal of investment
properties
Gain on exchange of properties,
8
(374,751)
(671,046)
8
23,856
net of write-downs
32
388,384
Finance income
29
84,087
79,735
Finance costs
30
(349,719)
(309,749)
Other income
31
258,387
767,868
Profit for the year
1,925,179
1,854,864
Profit for the year attributable
to:
Owners of the Company
1,984,097
1,855,808
Non-controlling interests
(58,918)
(944)
1,925,179
1,854,864
Basic and diluted earnings per
share
33
0.252
0.236
II
Transcribed Image Text:17:59 A &e LTE2 .ll Vo) READ ONLY - This is an older file format. To .. Find... statement for the year ended 31 December 2019 2019 2018 Notes AED 000 AED '000 Revenue 24 7,147,881 6,286,533 Direct costs 25 (4,378,237) (3,654,846) Gross profit 2,769,644 2,631,687 Selling and marketing expenses General and administrative 26 (109,522) (85,440) expenses Staff costs (218,948) (230,142) 27 (237,423) Depreciation and amortisation Provisions, impairments and write-downs, net Others 6,7 (268,550) 28 (152,675) (50,048) (126,407) (139,235) Share of (loss)/profit from associates and joint ventures Gain on disposal of joint venture Gain on disposal of property, plant and equipment 9 (3,096) 49,863 9 30,319 22,964 Fair value loss on investment properties, net Gain on disposal of investment properties Gain on exchange of properties, 8 (374,751) (671,046) 8 23,856 net of write-downs 32 388,384 Finance income 29 84,087 79,735 Finance costs 30 (349,719) (309,749) Other income 31 258,387 767,868 Profit for the year 1,925,179 1,854,864 Profit for the year attributable to: Owners of the Company 1,984,097 1,855,808 Non-controlling interests (58,918) (944) 1,925,179 1,854,864 Basic and diluted earnings per share 33 0.252 0.236 II
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Tax Assistance and the Audit Process
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education