3:27 < Back FAR460_GP2_PT_JUNE 2... ← QUESTION 2 Dabong Bhd is a Malaysian-based public listed company with head quarter

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3 27 Back Far460 Gp2 Pt June 2 Question 2 Dabong Bhd Is A Malaysian Based Public Listed Company With Head Quarter 1 (74.55 KiB) Viewed 12 times

3:27 < Back FAR460_GP2_PT_JUNE 2... ← QUESTION 2 Dabong Bhd is a Malaysian-based public listed company with head quarter located in Dabong, Kelantan. The Company's business activities include manufacturing and selling biscuit and beverages. Given below are the financial statement of the company for the year ended 31 December 2015: Non-current assets Property, plant and equipment Dabong Bhd Statement of financial position as at 31 December 2015 RM'000 Investment property Development cost Current assets Inventories Trade receivables Cash and cash equivalents Tax recoverable Total assets Equity: Ordinary share capital Reserves Non-current liabilities 10% Loan Deferred tax Environmental provision Current liabilities 10% Loan Tax payable Trade payables Total equity and liabilities Revenue Cost of sales Gross profit Distribution costs Administration expenses 3 Finance costs Profit before taxation Income tax expense Profit for the year 16,100 180 1,850 5,500 1,500 1,080 150 26.360 4 9,500 7,760 1,700 3,300 al 2,000 2,100 26,360 Dabong Bhd Statement of profit or loss for the year ended 31 December 2015 Q 2014 RM'000 10,250 250 1,100 2,600 900 850 Nil 15,950 7,000 2,950 2,000 800 - 1,500 1,700 15,950 RM'000 55,000 (32,400) 22,600 (7,800) (8,900) (1,050) 4.850 (650) 4,200 Additional information: 1. During the year the company disposed of an equipment with a carrying amount of RM1 million and was sold for RM750,000. The remaining movement on property, plant and equipment after charging depreciation of RM1.1 million was the cost of replacing plant. 2. The loss on disposal of equipment and the depreciation expense was charged to administrative expenses.