2019 2018 Revenue 28,433,361 28,264,711 Cost of sales (23,661,338) (27,476,274) Gross Profit 4,772,023 788,437 Other income 983,548 825,880 Selling and distribution cost (265,996) (441,622) General and admin expenses (4,811,357) (4,462,336) Impairment loss on trade and receivables (418,860) (164,745) Operating profit/(loss) 259,358 (3,454,386) Finance income 6,060 52,495 Finance cost (4,573,435) (3,813,211) Loss before tax (4,308,017) (7,215,102) Income tax expense 945,908 (4,796,545) Loss of the year (3,362,109) (12,011,647) Other comprehensive income Revaluation of PPE 19,470,901 - Remeasurements of defined benefit liability (1,374,562) 89,638 Related tax (3,216,132) 119,050 Other comprehensive income 14,880,207 208,688 Total comprehensive income 11,518,098 (11,802,959) 2019 2018 Assets Property, plant and equipment 126,804,747 108,383,558 Non-curent Assets 126,804,747 108,383,558 Inventories 8,228,910 5,643,060 Current tax assets 6,283 3,263 Trade and other receivables 9,811,571 10,098,018 Cash and cash equivalents 1,072,774 283,697 Total Curent assets 19,119,538 16,028,038 Total Assets 145,924,285 124,411,596 Equity Share capital 26,071,630 26,071,630 Revaluation reserve 56,508,182 43,168,101 Fair value reserve 6,293,536 6,293,536 Retained earnings (111,272,741) (109,450,758) Total Equity (22,399,393) (33,917,491) Liabilities Loans and Borrowing 14,507,042 30,857,327 Employee benefit obligations 3,199,963 1,375,888 Deferred tax liabilities 20,687,331 18,417,106 Trade and other payables 55,547,794 55,547,794 Non- current liabilities 93,942,130 106,198,115 Bank overdraft 955,704 1,516,386 Trade and other payables 26,086,341 24,099,410 Loans and borrowing 47,339,503 26,515,176 Current liabilities 74,381,548 52,130,972 Total liabilities 168,323,678 158,329,087 Total equity and liabilities 145,924,285 124,411,596 Required: Calculate All the profitability ratios
|
|
2019 |
2018 |
|
Revenue |
28,433,361 |
28,264,711 |
|
Cost of sales |
(23,661,338) |
(27,476,274) |
|
Gross Profit |
4,772,023 |
788,437 |
|
Other income |
983,548 |
825,880 |
|
Selling and distribution cost |
(265,996) |
(441,622) |
|
General and admin expenses |
(4,811,357) |
(4,462,336) |
|
Impairment loss on trade and receivables |
(418,860) |
(164,745) |
|
Operating |
259,358 |
(3,454,386) |
|
Finance income |
6,060 |
52,495 |
|
Finance cost |
(4,573,435) |
(3,813,211) |
|
Loss before tax |
(4,308,017) |
(7,215,102) |
|
Income tax expense |
945,908 |
(4,796,545) |
|
Loss of the year |
(3,362,109) |
(12,011,647) |
|
Other comprehensive income |
|
|
|
Revaluation of PPE |
19,470,901 |
- |
|
Remeasurements of defined benefit liability |
(1,374,562) |
89,638 |
|
Related tax |
(3,216,132) |
119,050 |
|
Other comprehensive income |
14,880,207 |
208,688 |
|
Total comprehensive income |
11,518,098 |
(11,802,959) |
|
|
2019 |
2018 |
|
Assets |
|
|
|
Property, plant and equipment |
126,804,747 |
108,383,558 |
|
Non-curent Assets |
126,804,747 |
108,383,558 |
|
|
|
|
|
Inventories |
8,228,910 |
5,643,060 |
|
Current tax assets |
6,283 |
3,263 |
|
Trade and other receivables |
9,811,571 |
10,098,018 |
|
Cash and cash equivalents |
1,072,774 |
283,697 |
|
Total Curent assets |
19,119,538 |
16,028,038 |
|
Total Assets |
145,924,285 |
124,411,596 |
|
|
|
|
|
Equity |
|
|
|
Share capital |
26,071,630 |
26,071,630 |
|
Revaluation reserve |
56,508,182 |
43,168,101 |
|
Fair value reserve |
6,293,536 |
6,293,536 |
|
|
(111,272,741) |
(109,450,758) |
|
Total Equity |
(22,399,393) |
(33,917,491) |
|
|
|
|
|
Liabilities |
|
|
|
Loans and Borrowing |
14,507,042 |
30,857,327 |
|
Employee benefit obligations |
3,199,963 |
1,375,888 |
|
|
20,687,331 |
18,417,106 |
|
Trade and other payables |
55,547,794 |
55,547,794 |
|
Non- current liabilities |
93,942,130 |
106,198,115 |
|
|
|
|
|
Bank overdraft |
955,704 |
1,516,386 |
|
Trade and other payables |
26,086,341 |
24,099,410 |
|
Loans and borrowing |
47,339,503 |
26,515,176 |
|
Current liabilities |
74,381,548 |
52,130,972 |
|
Total liabilities |
168,323,678 |
158,329,087 |
|
Total equity and liabilities |
145,924,285 |
124,411,596 |
Required: Calculate
- All the profitability ratios
Step by step
Solved in 2 steps
