What is the return on total assets given the figures attached?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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What is the return on total assets given the figures attached?

STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
YEAR ENDED 30 SEPTEMBER 2020
Note
2020
2019
REVENUE
1,674,779,369
1,543,975,287
COST OF SALES
875,504,518)
( 799,169,526)
GROSS PROFIT
799,274,851
744,805,761
Other operating income
7
9,495,787
8,993,305
808,770,638
753,799,066
EXPENSES:
Administrative and other
333,747,331)
292,484,014)
( 299,272,874)
(_ 277,462,001)
Selling and distribution
8 (
626,231,345)
(576,734,875)
Impairment gain/(loss) on financial assets
8
11,753,885
406,787)
194,293,178
4,020,441
1,885,748)
176,657,404
1,514,102
1,514,344)
OPERATING PROFIT
Finance income - interest
Finance costs
10 (
196,427,871
176,657,162
(Depreciation)/appreciation in value of investments
classified as fair value through profit or loss
5,387,732)
5,923,005
PROFIT BEFORE TAXATION
191,040,139
24,292,214)
182,580,167
11 (
(_ 26,110,733)
Taxation
NET PROFIT, BEING TOTAL COMPREHENSIVE
INCOME
166,747,925
156,469,434
EARNINGS PER STOCK UNIT
12
0.35
0.33
Transcribed Image Text:STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME YEAR ENDED 30 SEPTEMBER 2020 Note 2020 2019 REVENUE 1,674,779,369 1,543,975,287 COST OF SALES 875,504,518) ( 799,169,526) GROSS PROFIT 799,274,851 744,805,761 Other operating income 7 9,495,787 8,993,305 808,770,638 753,799,066 EXPENSES: Administrative and other 333,747,331) 292,484,014) ( 299,272,874) (_ 277,462,001) Selling and distribution 8 ( 626,231,345) (576,734,875) Impairment gain/(loss) on financial assets 8 11,753,885 406,787) 194,293,178 4,020,441 1,885,748) 176,657,404 1,514,102 1,514,344) OPERATING PROFIT Finance income - interest Finance costs 10 ( 196,427,871 176,657,162 (Depreciation)/appreciation in value of investments classified as fair value through profit or loss 5,387,732) 5,923,005 PROFIT BEFORE TAXATION 191,040,139 24,292,214) 182,580,167 11 ( (_ 26,110,733) Taxation NET PROFIT, BEING TOTAL COMPREHENSIVE INCOME 166,747,925 156,469,434 EARNINGS PER STOCK UNIT 12 0.35 0.33
30 SEPTEMBER 2020
Note
2020
2019
ASSETS
NON-CURRENT ASSETS:
Property, plant and equipment
Investments
Intangible assets
Right-of-use assets
510,604,374
91,952,024
2,663,309
13
553,448,405
61,326,234
1,748,534
5,799,889
14
15
16
622,323,062
605,219,707
CURRENT ASSETS:
Inventories
Receivables
Taxation recoverable
Cash and cash equivalents
71,274,544
72,992,313
2,789,071
296,979,198
62,647,618
94,384,765
2,925,461
192,764,774
17
18
19
444,035,126
352,722,618
1.066,358.188
957,942.325
EQUITY AND LIABILITIES
EQUITY:
Share capital
Capital reserve
Retained earnings
20
21
46,514,770
53,818,788
769,227,777
46,514,770
53,818,788
640,181,207
869,561,335
740,514,765
NON-CURRENT LIABILITIES:
Deferred taxation
Long term loans
Lease líability
22
23
16
27,041,906
18,319,126
3,481,294
28,217,398
21,131,055
48,842,326
49,348.453
CURRENT LIABILITIES:
Payables
Taxation payable
Current portion of long term loans
Current portion of lease liability
24
129,920,088
12,676,799
2,811,929
2,545,711
150,644,481
14,776,814
2,657,812
22
16
147,954,527
168,079,107
1,066,358,188
957,942.325
Transcribed Image Text:30 SEPTEMBER 2020 Note 2020 2019 ASSETS NON-CURRENT ASSETS: Property, plant and equipment Investments Intangible assets Right-of-use assets 510,604,374 91,952,024 2,663,309 13 553,448,405 61,326,234 1,748,534 5,799,889 14 15 16 622,323,062 605,219,707 CURRENT ASSETS: Inventories Receivables Taxation recoverable Cash and cash equivalents 71,274,544 72,992,313 2,789,071 296,979,198 62,647,618 94,384,765 2,925,461 192,764,774 17 18 19 444,035,126 352,722,618 1.066,358.188 957,942.325 EQUITY AND LIABILITIES EQUITY: Share capital Capital reserve Retained earnings 20 21 46,514,770 53,818,788 769,227,777 46,514,770 53,818,788 640,181,207 869,561,335 740,514,765 NON-CURRENT LIABILITIES: Deferred taxation Long term loans Lease líability 22 23 16 27,041,906 18,319,126 3,481,294 28,217,398 21,131,055 48,842,326 49,348.453 CURRENT LIABILITIES: Payables Taxation payable Current portion of long term loans Current portion of lease liability 24 129,920,088 12,676,799 2,811,929 2,545,711 150,644,481 14,776,814 2,657,812 22 16 147,954,527 168,079,107 1,066,358,188 957,942.325
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