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Statement of financial position as at 31 December 2019 Notes 31 December 31 December 2019 2018 RO RO ASSETS Non-current assets Property, plant and equipment 5 14,352,670 15,813,557 Right-of-use asset 6 600,694 Fair value through other comprehensive income investments 2,228,707 1,757,086 Total non-current assets 17,182,071 17,570,643 Current assets Debt instruments at amortised cost 11,019,390 9,078,075 Inventories 9 4,661,428 5,374,929 Trade and other receivables 10 8,339,499 8,297,403 Cash and cash equivalents 11 1,480,732 25,501,049 800,314 Total current assets 23,550,721 Total assets 42,683, 120 41,121,364 EQUITY AND LIABILITIES Capital and reserves Share capital 12 29,621,368 29,621,368 Legal reserve 13 6,665,959 6,463,472 Retained earnings 2,052,872 2,007,775 Equity investment reserve (622,772) 37,717,427 (1,004,521) Total capital and reserves 37,088,094 Non-current liabilities Non-current portion of lease liabilities 6. 490,476 Employees' benefits liability 17 768,488 938,425 Deferred tax liability 25 399,110 393,303 Total non-current liabilities 1,658,074 1,331,728 Current liabilities Current portion of lease liabilities Trade and other payables 6 124,624 15 2,768,153 2,524,711 Income tax payable 25 414,842 176,831 Total current liabilities 3,307,619 2,701,542 Total equity and liabilities 42,683,120 41,121,364 Net assets per share (RO) 26 0.127 0.125

Statement of financial position as at 31 December 2019 Notes 31 December 31 December 2019 2018 RO RO ASSETS Non-current assets Property, plant and equipment 5 14,352,670 15,813,557 Right-of-use asset 6 600,694 Fair value through other comprehensive income investments 2,228,707 1,757,086 Total non-current assets 17,182,071 17,570,643 Current assets Debt instruments at amortised cost 11,019,390 9,078,075 Inventories 9 4,661,428 5,374,929 Trade and other receivables 10 8,339,499 8,297,403 Cash and cash equivalents 11 1,480,732 25,501,049 800,314 Total current assets 23,550,721 Total assets 42,683, 120 41,121,364 EQUITY AND LIABILITIES Capital and reserves Share capital 12 29,621,368 29,621,368 Legal reserve 13 6,665,959 6,463,472 Retained earnings 2,052,872 2,007,775 Equity investment reserve (622,772) 37,717,427 (1,004,521) Total capital and reserves 37,088,094 Non-current liabilities Non-current portion of lease liabilities 6. 490,476 Employees' benefits liability 17 768,488 938,425 Deferred tax liability 25 399,110 393,303 Total non-current liabilities 1,658,074 1,331,728 Current liabilities Current portion of lease liabilities Trade and other payables 6 124,624 15 2,768,153 2,524,711 Income tax payable 25 414,842 176,831 Total current liabilities 3,307,619 2,701,542 Total equity and liabilities 42,683,120 41,121,364 Net assets per share (RO) 26 0.127 0.125

Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter12: Intangibles
Section: Chapter Questions
Problem 10MC
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interpret the results of quick ratio, debt ratio, equity multiplier and explain what that mean for the perfomance of an organization.

Statement of financial position as at 31 December 2019 Notes 31 December 31 December 2019 2018 RO RO ASSETS Non-current assets Property, plant and equipment 5 14,352,670 15,813,557 Right-of-use asset 6 600,694 Fair value through other comprehensive income investments 7 2,228,707 1,757,086 Total non-current assets 17,182,071 17,570,643 Current assets Debt instruments at amortised cost 8 11,019,390 9,078,075 Inventories 9. 4,661,428 5,374,929 8,297,403 Trade and other receivables 10 8,339,499 800,314 23,550,721 Cash and cash equivalents 11 1,480,732 25,501,049 Total current assets Total assets 42,683,120 41,121,364 EQUITY AND LIABILITIES Capital and reserves Share capital 12 29,621,368 29,621,368 Legal reserve 13 6,665,959 6,463,472 Retained earnings 2,052,872 2,007,775 Equity investment reserve (1,004,521) (622,772) 37,717,427 Total capital and reserves 37,088,094 Non-current liabilities Non-current portion of lease liabilities 6 490,476 Employees' benefits liability 17 768,488 399,110 938,425 Deferred tax liability 25 393,303 Total non-current liabilities 1,658,074 1,331,728 Current liabilities Current portion of lease liabilities 6 124,624 Trade and other payables 15 2,768,153 2,524,711 Income tax payable 25 414,842 176,831 Total current liabilities 3,307,619 2,701,542 Total equity and liabilities 42,683, 120 41,121,364 Net assets per share (RO) 26 0.127 0.125
Transcribed Image Text:Statement of financial position as at 31 December 2019 Notes 31 December 31 December 2019 2018 RO RO ASSETS Non-current assets Property, plant and equipment 5 14,352,670 15,813,557 Right-of-use asset 6 600,694 Fair value through other comprehensive income investments 7 2,228,707 1,757,086 Total non-current assets 17,182,071 17,570,643 Current assets Debt instruments at amortised cost 8 11,019,390 9,078,075 Inventories 9. 4,661,428 5,374,929 8,297,403 Trade and other receivables 10 8,339,499 800,314 23,550,721 Cash and cash equivalents 11 1,480,732 25,501,049 Total current assets Total assets 42,683,120 41,121,364 EQUITY AND LIABILITIES Capital and reserves Share capital 12 29,621,368 29,621,368 Legal reserve 13 6,665,959 6,463,472 Retained earnings 2,052,872 2,007,775 Equity investment reserve (1,004,521) (622,772) 37,717,427 Total capital and reserves 37,088,094 Non-current liabilities Non-current portion of lease liabilities 6 490,476 Employees' benefits liability 17 768,488 399,110 938,425 Deferred tax liability 25 393,303 Total non-current liabilities 1,658,074 1,331,728 Current liabilities Current portion of lease liabilities 6 124,624 Trade and other payables 15 2,768,153 2,524,711 Income tax payable 25 414,842 176,831 Total current liabilities 3,307,619 2,701,542 Total equity and liabilities 42,683, 120 41,121,364 Net assets per share (RO) 26 0.127 0.125
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