Calculate RETURNED ON INVESTED CAPITAL by referring the pictures of Financial Position and Statement of Profit or Loss given with this question. STATEMENTS Of FİNANCjal POSITIONAs at 31 December 201820182018NoteRM'000NoteRM'000GroupGroupAssetsEquity and liabilitiesNon-current assetsEquity attributable to owners of the parentProperty, plant and equipment11445,552Share capital275,110,276Investment properties12728,703Share premium27Land held for property development134,711,896Merger relief reserves2734,330Interests in associates15(a)500,635Other reserves28(a)64,216Interests in joint ventures16(a)1,006,986Retained profits28(b)1,881,612Amounts due from joint ventures16(b)257,1497,090,434Goodwill18621,409Non-controlling interests32363,722Contract assets10,168Total equity7,454,15624Deferred tax assets20283,601Non-current liabilitiesLong term receivables23113,434Borrowings332,394,8128,679,533Payables356,080Current assetsContract liabilities24291,116Interests in a joint venture16(a)53,216Deferred income36151,864Property development costs211,821,615Derivative liabilities33(h)Inventories held for sale22(a)695,271Provisions3485,862Deferred tax liabilities20234,762Inventories under contract of sale22(b)607,412Receivables23948,7613,164,496Contract assets24106,726Current liabilitiesAmounts due from associates15(b)1,537Provisions34295,070Amounts due from joint ventures16(b)79,144Payables35845,790Derivative asset33(h)15,956Contract liabilities2439,522Short term investments2649,741Borrowings332,288,689Cash, bank balances and deposits191,078,601Derivative liability33(h)9105,457,980Tax payable48,880Asset held for sale3,518,861Total assets14,137,513Total liabilities6,683,357Total equity and liabilities14,137,513 STATEMENTS Of PROFİT OR LOSSFor the financial year ended 31 December 2018Group2018NoteRM'000Revenue32,043,986Cost of sales4(1,302,726)Gross profit741,260Other income74,347Selling and distribution expenses(42,815)Other expenses(296,837)Operating profit475,955Finance costs6.(100,966)Share of results of associates3,773Share of results of joint ventures37,622Profit before zakat and income tax416,384Zakat7(5,210)Income tax expense8(130,356)Profit for the year280,818Attributable to:Owners of the parent280,333Non-controlling interests485280,818Earnings per share attributable to ownersof the parent (sen):Basic, for profit for the year106.0Diluted, for profit for the year105.3

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Answered: Calculate RETURNED ON INVESTED CAPITAL…

Calculate RETURNED ON INVESTED CAPITAL by referring the pictures of Financial Position and Statement of Profit or Loss given with this question.

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

ChapterA2: Investments

Section: Chapter Questions

Problem 23E

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