|
|
2019 |
2018 |
|
Revenue |
28,433,361 |
28,264,711 |
|
Cost of sales |
(23,661,338) |
(27,476,274) |
|
Gross Profit |
4,772,023 |
788,437 |
|
Other income |
983,548 |
825,880 |
|
Selling and distribution cost |
(265,996) |
(441,622) |
|
General and admin expenses |
(4,811,357) |
(4,462,336) |
|
Impairment loss on trade and receivables |
(418,860) |
(164,745) |
|
Operating |
259,358 |
(3,454,386) |
|
Finance income |
6,060 |
52,495 |
|
Finance cost |
(4,573,435) |
(3,813,211) |
|
Loss before tax |
(4,308,017) |
(7,215,102) |
|
Income tax expense |
945,908 |
(4,796,545) |
|
Loss of the year |
(3,362,109) |
(12,011,647) |
|
Other comprehensive income |
|
|
|
Revaluation of PPE |
19,470,901 |
- |
|
Remeasurements of defined benefit liability |
(1,374,562) |
89,638 |
|
Related tax |
(3,216,132) |
119,050 |
|
Other comprehensive income |
14,880,207 |
208,688 |
|
Total comprehensive income |
11,518,098 |
(11,802,959) |
|
|
2019 |
2018 |
|
Assets |
|
|
|
Property, plant and equipment |
126,804,747 |
108,383,558 |
|
Non-curent Assets |
126,804,747 |
108,383,558 |
|
|
|
|
|
Inventories |
8,228,910 |
5,643,060 |
|
Current tax assets |
6,283 |
3,263 |
|
Trade and other receivables |
9,811,571 |
10,098,018 |
|
Cash and cash equivalents |
1,072,774 |
283,697 |
|
Total Curent assets |
19,119,538 |
16,028,038 |
|
Total Assets |
145,924,285 |
124,411,596 |
|
|
|
|
|
Equity |
|
|
|
Share capital |
26,071,630 |
26,071,630 |
|
Revaluation reserve |
56,508,182 |
43,168,101 |
|
Fair value reserve |
6,293,536 |
6,293,536 |
|
|
(111,272,741) |
(109,450,758) |
|
Total Equity |
(22,399,393) |
(33,917,491) |
|
|
|
|
|
Liabilities |
|
|
|
Loans and Borrowing |
14,507,042 |
30,857,327 |
|
Employee benefit obligations |
3,199,963 |
1,375,888 |
|
|
20,687,331 |
18,417,106 |
|
Trade and other payables |
55,547,794 |
55,547,794 |
|
Non- current liabilities |
93,942,130 |
106,198,115 |
|
|
|
|
|
Bank overdraft |
955,704 |
1,516,386 |
|
Trade and other payables |
26,086,341 |
24,099,410 |
|
Loans and borrowing |
47,339,503 |
26,515,176 |
|
Current liabilities |
74,381,548 |
52,130,972 |
|
Total liabilities |
168,323,678 |
158,329,087 |
|
Total equity and liabilities |
145,924,285 |
124,411,596 |
Required: Calculate
- All the Liquidity ratios
Step by step
Solved in 2 steps
