The alphabetical list of items that may be relevant in the preparation of a statement of comprehensive income of Kimberlie Corporation is provided below: Actuarial gains on defined benefit pension plans recognized outside profit or loss 1,333 Decrease in inventories of finished goods and work in progress 107,900 Depreciation and amortization expense 17,000 Employee benefits expense 43,000 Exchange differences gain on translating foreign operations 10,667 Finance costs 18,000 Gains on property revaluation 3,367 Income tax expense 32,000 Income tax relating to components of other comprehensive income 9,334 Loss for the year from discontinued operations 30,500 Other expenses 5,500 Other income 11,300 Raw material and consumables used 92,000 Revenue 355,000 Share of other comprehensive income of associates (Unrealized loss on available-for-sale financial assets) 700 Share of profit of associates 30,100 Unrealized gain on available-for-sale financial assets 26,667 Unrealized loss on derivatives in an effective cash flow hedge 4,000 Work performed by the entity and capitalized 15,000 Based on the above and the result of the audit, determine the following: The profit for the year 65,500 b. 64,800 c. 96,000 d. 281,300 The other comprehensive income for the year 93,500 b. 32,700 c. 28,700 d. 28,000 Total comprehensive income for the year 93,500 b. 92,800 c. 94,200 d. 28,000
The alphabetical list of items that may be relevant in the preparation of a statement of comprehensive income of Kimberlie Corporation is provided below:
|
Actuarial gains on defined benefit pension plans recognized outside profit or loss |
1,333 |
|
Decrease in inventories of finished goods and work in progress |
107,900 |
|
|
17,000 |
|
Employee benefits expense |
43,000 |
|
Exchange differences gain on translating foreign operations |
10,667 |
|
Finance costs |
18,000 |
|
Gains on property revaluation |
3,367 |
|
Income tax expense |
32,000 |
|
Income tax relating to components of other comprehensive income |
9,334 |
|
Loss for the year from discontinued operations |
30,500 |
|
Other expenses |
5,500 |
|
Other income |
11,300 |
|
Raw material and consumables used |
92,000 |
|
Revenue |
355,000 |
|
Share of other comprehensive income of associates (Unrealized loss on available-for-sale financial assets) |
700 |
|
Share of profit of associates |
30,100 |
|
Unrealized gain on available-for-sale financial assets |
26,667 |
|
Unrealized loss on derivatives in an effective |
4,000 |
|
Work performed by the entity and capitalized |
15,000 |
|
|
|
Based on the above and the result of the audit, determine the following:
- The profit for the year
- 65,500 b. 64,800 c. 96,000 d. 281,300
- The other comprehensive income for the year
- 93,500 b. 32,700 c. 28,700 d. 28,000
- Total comprehensive income for the year
- 93,500 b. 92,800 c. 94,200 d. 28,000
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