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 Right-of-use asset Fair value through other comprehensive income 14,352,670 15,813,557 6 600,694 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 11,019,390 9,078,075 Inventories Trade and other receivables 4,661,428 5,374,929 8,297,403 10 8,339,499 Cash and cash equivalents 11 1,480,732 800,314 Total current assets 25,501,049 23,550,721 Total assets 42,683, 120 41,121,364 EQUITY AND LIABILITIES Capital and reserves Share capital Legal reserve 12 29,621,368 29,621,368 13 6,665,959 6,463,472 Retained earnings 2,052,872 2,007,775 Equity investment reserve Total capital and reserves (622,772) (1,004,521) 37,088,094 37,717,427 Non-current liabilities Non-current portion of lease liabilities Employees' benefits liability Deferred tax liability 6 490,476 768,488 938,425 25 399,110 393, 303 Total non-current liabilities 1,658,074 1,331,728 Current liabilities Current portion of lease liabilities Trade and other payables Income tax payable 6. 124,624 15 2,768,153 2,524,711 25 414,842 3,307,619 176,831 2,701,542 Total current liabilities 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 Right-of-use asset Fair value through other comprehensive income 14,352,670 15,813,557 6 600,694 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 11,019,390 9,078,075 Inventories Trade and other receivables 4,661,428 5,374,929 8,297,403 10 8,339,499 Cash and cash equivalents 11 1,480,732 800,314 Total current assets 25,501,049 23,550,721 Total assets 42,683, 120 41,121,364 EQUITY AND LIABILITIES Capital and reserves Share capital Legal reserve 12 29,621,368 29,621,368 13 6,665,959 6,463,472 Retained earnings 2,052,872 2,007,775 Equity investment reserve Total capital and reserves (622,772) (1,004,521) 37,088,094 37,717,427 Non-current liabilities Non-current portion of lease liabilities Employees' benefits liability Deferred tax liability 6 490,476 768,488 938,425 25 399,110 393, 303 Total non-current liabilities 1,658,074 1,331,728 Current liabilities Current portion of lease liabilities Trade and other payables Income tax payable 6. 124,624 15 2,768,153 2,524,711 25 414,842 3,307,619 176,831 2,701,542 Total current liabilities 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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