Statement of financial position as at 31 December 2019 Notes 31 December 31 December 2019 2018 RO RO ASSETS Non-current assets Property, plant and equipment 5 14,352,670 15,813,557 Right-of-use asset 600,694 Fair value through other comprehensive income investments 7 2,228,707 1,757,086 Total non-current assets 17,182,071 17,570,643 Current assets Debt instruments at amortised cost 8 11,019,390 9,078,075 Inventories 9 4,661,428 5,374,929 Trade and other receivables 10 8,339,499 8,297,403 1,480,732 25,501,049 Cash and cash equivalents 11 800,314 Total current assets 23,550,721 Total assets 42,683,120 41,121,364 EQUITY AND LIABILITIES Capital and reserves Share capital 12 29,621,368 29,621,368 Legal reserve 13 6,665,959 6,463,472 Retained earnings 2,052,872 2,007,775 Equity investment reserve (622,772) (1,004,521) 37,088,094 Total capital and reserves 37,717,427 Non-current liabilities Non-current portion of lease liabilities 490,476 768,488 Employees' benefits liability 17 938,425 Deferred tax liability 25 399,110 393,303 Total non-current liabilities 1,658,074 1,331,728 Current liabilities Current portion of lease liabilities 6 124,624 Trade and other payables 15 2,768,153 2,524,711 Income tax payable 25 414,842 176,831 Total current liabilities 3,307,619 2,701,542 Total equity and liabilities 42,683, 120 41,121,364 Net assets per share (RO) 26 0.127 0.125
Statement of financial position as at 31 December 2019 Notes 31 December 31 December 2019 2018 RO RO ASSETS Non-current assets Property, plant and equipment 5 14,352,670 15,813,557 Right-of-use asset 600,694 Fair value through other comprehensive income investments 7 2,228,707 1,757,086 Total non-current assets 17,182,071 17,570,643 Current assets Debt instruments at amortised cost 8 11,019,390 9,078,075 Inventories 9 4,661,428 5,374,929 Trade and other receivables 10 8,339,499 8,297,403 1,480,732 25,501,049 Cash and cash equivalents 11 800,314 Total current assets 23,550,721 Total assets 42,683,120 41,121,364 EQUITY AND LIABILITIES Capital and reserves Share capital 12 29,621,368 29,621,368 Legal reserve 13 6,665,959 6,463,472 Retained earnings 2,052,872 2,007,775 Equity investment reserve (622,772) (1,004,521) 37,088,094 Total capital and reserves 37,717,427 Non-current liabilities Non-current portion of lease liabilities 490,476 768,488 Employees' benefits liability 17 938,425 Deferred tax liability 25 399,110 393,303 Total non-current liabilities 1,658,074 1,331,728 Current liabilities Current portion of lease liabilities 6 124,624 Trade and other payables 15 2,768,153 2,524,711 Income tax payable 25 414,842 176,831 Total current liabilities 3,307,619 2,701,542 Total equity and liabilities 42,683, 120 41,121,364 Net assets per share (RO) 26 0.127 0.125
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter7: Operating Assets
Section: Chapter Questions
Problem 36BE: Analyzing Fixed Assets Pitt reported the following information for 2018 and 2019: Required: Compute...
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