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HOTELS MANAGEMENT COMPANY INTERNATIONAL SAOG Statement of profit or loss and other comprehensive income for the year ended 31 December, 2019 EXHIBIT- A Note 2019 2018 RO RO Revenue 7 9,512,307 11,435,957 Operating costs (6,636,304) (7,105,263) Gross profit General administration and selling and distribution expenses 4,330,694 2,876,003 (592,359) 34,784 (446,988) 10 (625,239) Reversal of impairment loss on trade receivables Management and licence fees 16 14,516 11,24 (666,579) Results from operating activities Finance income 1,871,440 159,805 3,053,392 175,783 Directors' remuneration 24 (11,300) (67,200) Profit for the year - before taxation 3,161,975 2,019,945 (303,584) Таxation 12 (474,364) Net profit and total comprehensive income for the year-Exhibit – C 1,716,361 2,687,611 Basic and diluted earnings per share 13 0.572 0.896 THE ACCOMPANYING NOTES 1 TO 28 FORM AN INTEGRAL PART OF THESE FINANCIAL STATEMENTS

HOTELS MANAGEMENT COMPANY INTERNATIONAL SAOG Statement of profit or loss and other comprehensive income for the year ended 31 December, 2019 EXHIBIT- A Note 2019 2018 RO RO Revenue 7 9,512,307 11,435,957 Operating costs (6,636,304) (7,105,263) Gross profit General administration and selling and distribution expenses 4,330,694 2,876,003 (592,359) 34,784 (446,988) 10 (625,239) Reversal of impairment loss on trade receivables Management and licence fees 16 14,516 11,24 (666,579) Results from operating activities Finance income 1,871,440 159,805 3,053,392 175,783 Directors' remuneration 24 (11,300) (67,200) Profit for the year - before taxation 3,161,975 2,019,945 (303,584) Таxation 12 (474,364) Net profit and total comprehensive income for the year-Exhibit – C 1,716,361 2,687,611 Basic and diluted earnings per share 13 0.572 0.896 THE ACCOMPANYING NOTES 1 TO 28 FORM AN INTEGRAL PART OF THESE FINANCIAL STATEMENTS

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 Income Statement by vertical analysis

HOTELS MANAGEMENT COMPANY INTERNATIONAL SAOG Statement of profit or loss and other comprehensive income for the year ended 31 December, 2019 EXHIBIT- A Note 2019 2018 RO RO Revenue 7 9,512,307 11,435,957 Operating costs (6,636,304) (7,105,263) Gross profit General administration and selling and distribution expenses Reversal of impairment loss on trade receivables Management and licence fees 2,876,003 (592,359) 34,784 (446,988) 4,330,694 10 (625,239) 16 14,516 11,24 (666,579) Results from operating activities Finance income 1,871,440 159,805 (11,300) 3,053,392 175,783 Directors' remuneration 24 (67,200) Profit for the year - before taxation 2,019,945 3,161,975 Taxation 12 (303,584) (474,364) Net profit and total comprehensive income for the year-Exhibit – C 1,716,361 2,687,611 Basic and diluted earnings per share 13 0.572 0.896 THE ACCOMPANYING NOTES 1 TO 28 FORM AN INTEGRAL PART OF THESE FINANCIAL STATEMENTS
Transcribed Image Text:HOTELS MANAGEMENT COMPANY INTERNATIONAL SAOG Statement of profit or loss and other comprehensive income for the year ended 31 December, 2019 EXHIBIT- A Note 2019 2018 RO RO Revenue 7 9,512,307 11,435,957 Operating costs (6,636,304) (7,105,263) Gross profit General administration and selling and distribution expenses Reversal of impairment loss on trade receivables Management and licence fees 2,876,003 (592,359) 34,784 (446,988) 4,330,694 10 (625,239) 16 14,516 11,24 (666,579) Results from operating activities Finance income 1,871,440 159,805 (11,300) 3,053,392 175,783 Directors' remuneration 24 (67,200) Profit for the year - before taxation 2,019,945 3,161,975 Taxation 12 (303,584) (474,364) Net profit and total comprehensive income for the year-Exhibit – C 1,716,361 2,687,611 Basic and diluted earnings per share 13 0.572 0.896 THE ACCOMPANYING NOTES 1 TO 28 FORM AN INTEGRAL PART OF THESE FINANCIAL STATEMENTS
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