List 2 expense accounts AND their amounts for 2020. b. What was the net profit/(loss) for 2020? What about 2019? c. Compared with 2019, has the net profit/(loss) increased or decreased?

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Question for income statement : BAYAN INVESTMENT CO. (K.S.C.P)

a. List 2 expense accounts AND their amounts for 2020.

b. What was the net profit/(lossfor 2020? What about 2019?

c. Compared with 2019, has the net profit/(loss) increased or decreased?

Coast Investment & Development Company K.S.C.P. and its Subsidiaries
INTERIM CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS
(UNAUDITED)
For the nine months ended 30 September 2020
Three months ended
30 September
2020
KD
Nine months ended.
2019
KD
30 September
2020
KD
2019
KD
Notes
INCOME
Net investment income (loss)
Management fees
Other income
Share of results of associates
913,397
123,446
873
(339,415)
63,893
(368,712)
138,339
(667,572)
373,839
1;748
(3,207,730) (1,096,703)
125,412
569,124
400,121
(15,530)
(96,262)
Net foreign exchange differences
(123,436)
762,194
(342,165)
(3,374,303)
(250,894)
EXPENSES
Staff costs
General and administrative expenses
Depreciation expense
Allowance. for expected credit losses
(230,023)
(53,393)
(6,477)
(204,047)
(60,588)
(4,334)
(651,595)
(151,071)
(14,888)
(102,209)
(651,300)
(200,680)
(11,100)
(289,893)
(268,969)
(919,763)
(863,080)
PROFIT (LOSS) FOR THE PERIOD
472,301
(611,134)
(4,294,066)
(1,113,974)
BASIC AND DILUTED EARNINGS (LOS)
PER SHARE ATTRIBUTABLE TO
EQUITY HOLDERS OF THE PARENT
COMPANY
3
0.81 fils
(1.05) fils
(7.35) fils
(1.91) fils
Transcribed Image Text:Coast Investment & Development Company K.S.C.P. and its Subsidiaries INTERIM CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS (UNAUDITED) For the nine months ended 30 September 2020 Three months ended 30 September 2020 KD Nine months ended. 2019 KD 30 September 2020 KD 2019 KD Notes INCOME Net investment income (loss) Management fees Other income Share of results of associates 913,397 123,446 873 (339,415) 63,893 (368,712) 138,339 (667,572) 373,839 1;748 (3,207,730) (1,096,703) 125,412 569,124 400,121 (15,530) (96,262) Net foreign exchange differences (123,436) 762,194 (342,165) (3,374,303) (250,894) EXPENSES Staff costs General and administrative expenses Depreciation expense Allowance. for expected credit losses (230,023) (53,393) (6,477) (204,047) (60,588) (4,334) (651,595) (151,071) (14,888) (102,209) (651,300) (200,680) (11,100) (289,893) (268,969) (919,763) (863,080) PROFIT (LOSS) FOR THE PERIOD 472,301 (611,134) (4,294,066) (1,113,974) BASIC AND DILUTED EARNINGS (LOS) PER SHARE ATTRIBUTABLE TO EQUITY HOLDERS OF THE PARENT COMPANY 3 0.81 fils (1.05) fils (7.35) fils (1.91) fils
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