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calculate the interest expenses for the last five years (

calculate the interest expenses for the last five years (

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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calculate the interest expenses for the last five years (2016-2020)

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020 (cont'd.) 33. CAPITAL MANAGEMENT (cont'd.) The gearing ratios as at 31 December 2020 and 31 December 2019 are as follows: Group Company 2020 2020 RM'000 2019 2019 RM'000 RM'000 RM'000 Payables 198,245 194,612 463 608 Amounts due to subsidlaries 175,094 73,446 Barrowings Lease llabilities 948,513 7,356 (272,517) (306,861) 899,001 4,921 Less: Deposits, cash and bank balances (760) (1,280) Net debt 881,597 791,673 174,797 72,774 Equity attributable to owners of the Company 2,391,743 2,477,264 2,994,370 3,035,012 Gearing ratio 36.9% 32.0% 5.8% 2.4%
Transcribed Image Text:NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020 (cont'd.) 33. CAPITAL MANAGEMENT (cont'd.) The gearing ratios as at 31 December 2020 and 31 December 2019 are as follows: Group Company 2020 2020 RM'000 2019 2019 RM'000 RM'000 RM'000 Payables 198,245 194,612 463 608 Amounts due to subsidlaries 175,094 73,446 Barrowings Lease llabilities 948,513 7,356 (272,517) (306,861) 899,001 4,921 Less: Deposits, cash and bank balances (760) (1,280) Net debt 881,597 791,673 174,797 72,774 Equity attributable to owners of the Company 2,391,743 2,477,264 2,994,370 3,035,012 Gearing ratio 36.9% 32.0% 5.8% 2.4%
STATEMENTS OF PROFIT OR LOSS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020 Company 2019 RM'000 Group 2019 RM'000 Noto 2020 2020 RM'000 RM'000 Revenue 1,673,153 2,705,685 73,341 186,210 Cost of sales (1,372,844) (2,212,000) Gross profit OUier income 300,309 12,445 (35,612) (85,246) 493,685 20,204 (38,151) (81,906) 73,341 5,532 (2,539) (5,080) 186,210 5,945 Admınistrative expenses (3,059) (7,253) Other expenses Operating profit Finonce costs 191,896 393,832 71,254 181,843 (47,920) (50,625) (3,577) (991) Profit before tax 8 143,976 343,207 67,677 180,852 Income tax expense 9. (122,530) (102,064) (1,313) (1,300) Profit for the financial year 21,446 241,143 66,364 179,552 Profit ottributoble to: Ovnurs of Uhe Company 21,227 239,225 66,364 179,552 Non controlling interests 219 1,918 21,446 241,143 66,364 179,552 Group 2020 2019 Earnings por sharo attributablo to ownars of the Company (san par shoro) Basic 10 1.5 16.8
Transcribed Image Text:STATEMENTS OF PROFIT OR LOSS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020 Company 2019 RM'000 Group 2019 RM'000 Noto 2020 2020 RM'000 RM'000 Revenue 1,673,153 2,705,685 73,341 186,210 Cost of sales (1,372,844) (2,212,000) Gross profit OUier income 300,309 12,445 (35,612) (85,246) 493,685 20,204 (38,151) (81,906) 73,341 5,532 (2,539) (5,080) 186,210 5,945 Admınistrative expenses (3,059) (7,253) Other expenses Operating profit Finonce costs 191,896 393,832 71,254 181,843 (47,920) (50,625) (3,577) (991) Profit before tax 8 143,976 343,207 67,677 180,852 Income tax expense 9. (122,530) (102,064) (1,313) (1,300) Profit for the financial year 21,446 241,143 66,364 179,552 Profit ottributoble to: Ovnurs of Uhe Company 21,227 239,225 66,364 179,552 Non controlling interests 219 1,918 21,446 241,143 66,364 179,552 Group 2020 2019 Earnings por sharo attributablo to ownars of the Company (san par shoro) Basic 10 1.5 16.8
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