Find Interest Expense 2019: Note2.8.1/332.8.3Operating IncomeIncome from foreign currency financial assetsInterest incomeTrading gain/(loss) - foreignFees - foreignPremium received on call/put optionMiscellaneous incomeExpenses on foreign currency financial liabilitiesInterest expense2.8.1/33Other foreign currency expensesImpairment on foreign currency financialaccounts2.9.3/35Foreign currency incomeIncome from local currency financial assetsInterest income2.8.1/33Trading gain domesticExpenses on local currency financial liabilitiesInterest expenses2.8.1/33Final tax paid on interest income/discountsImpairment on local currency financial accounts 2.9.3/35Local currency lossIncome from net financial accountsOther operating income34Currency printing and minting cost36Operating expenses37Net income before FX rates fluctuationNet gain on FX rates fluctuation2.8.3/34Net Income before income taxIncome tax expense2.28/42Net Income for the year3820182019(as restated)82,418,360,05667,576,377,47211,091,443,042 (19,465,903,463)28,636,19212,221,2630573,798,652331,250,516424,450,37393,869,689,806 49,120,944,297(6,397,984,814)(4,320,947,041)(917,189,455) (921,266,046)(24,042,675)0(7,339,216,944) (5,242,213,087)86,530,472,862 43,878,731,21017,997,093,034 10,585,157,78532,537113,74717,997,125,571 10,585,271,532(38,290,197,323) (25,613,669,503)(2,626,910,248) (1,569,967,887)(852,096,126) (58,080,338)(41,769,203,697) (27,241,717,728)(23,772,078,126) (16,656,446,196)62,758,394,736 27,222,285,0149,809,382,832 8,333,034,843(12,472,751,338) (11,259,710,644)(25,753,209,678) (22,529,373,121)34,341,816,5521,766,236,09214,725,317,30453,107,589,86049,067,133,85654,873,825,952(2,828,194,387) (15,253,509,923)46,238,939,469 39,620,316,029

Interest expense is a financial statement line item which is debited to profit/loss account.

Answered: Find Interest Expense 2019:

Business

Accounting

Find Interest Expense 2019:

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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