Homework Help is Here – Start Your Trial Now!
Business
Finance
VOLTAMP ENERGY SAOG Interim Report for the period ended 30th June, 2020 VOLTAMP 6 months Quarter Quarter ended ended 30th June 2020 RO Unaudited condensed interim consolidated statement of Notes 6 months ended 30th June 2019 comprehensive income 30th June ended 30th 2019 June 2020 RO RO RO Revenue 7,531,090 8,873,914 17,475,118 18,925,430 Cost of sales 9 (6,612,777) (7,753,915) (14,718,833) (16,371,166) Gross profit 918,313 1,119,999 2,756,285 2,554,264 Other income 20 54,361 86,732 54,830 108,632 Selling, administrative and general expenses 8 (1,117,000) (1,076,391) (2,211,699) (2,099,934) Impairment (loss) / reversal on trade receivables (55,920) 31,136 (139,119) (50,779) Profit from operations (200,246) 161,476 460,297 512,183 Finance income 972 486 1,619 934 Finance cost (215,802) (163,434) (468,907) (340,182) Profit / (Loss) for the period before taxation (415,076) (1,472) (6,991) 172,935 Тахation 14 123,225 22,712 107,940 (22,113) Profit/(Loss) for the period after taxation (291,851) 21,240 100,949 150,822 Basic earnings per share 17 0.001 0.002 Net Income attributable to : Equity holders of the Parents Non controlling interest (28,621) 129,570 Other comprehensive income Items that will not be reclassified to profit or loss Investments at FVOCI - net change in fair value 16,516 (181,682) (115,616) (412,913) Total comprehensive (lossyincome for the period, (275,335) (160,442) (14,667) (262,091) net of tax

VOLTAMP ENERGY SAOG Interim Report for the period ended 30th June, 2020 VOLTAMP 6 months Quarter Quarter ended ended 30th June 2020 RO Unaudited condensed interim consolidated statement of Notes 6 months ended 30th June 2019 comprehensive income 30th June ended 30th 2019 June 2020 RO RO RO Revenue 7,531,090 8,873,914 17,475,118 18,925,430 Cost of sales 9 (6,612,777) (7,753,915) (14,718,833) (16,371,166) Gross profit 918,313 1,119,999 2,756,285 2,554,264 Other income 20 54,361 86,732 54,830 108,632 Selling, administrative and general expenses 8 (1,117,000) (1,076,391) (2,211,699) (2,099,934) Impairment (loss) / reversal on trade receivables (55,920) 31,136 (139,119) (50,779) Profit from operations (200,246) 161,476 460,297 512,183 Finance income 972 486 1,619 934 Finance cost (215,802) (163,434) (468,907) (340,182) Profit / (Loss) for the period before taxation (415,076) (1,472) (6,991) 172,935 Тахation 14 123,225 22,712 107,940 (22,113) Profit/(Loss) for the period after taxation (291,851) 21,240 100,949 150,822 Basic earnings per share 17 0.001 0.002 Net Income attributable to : Equity holders of the Parents Non controlling interest (28,621) 129,570 Other comprehensive income Items that will not be reclassified to profit or loss Investments at FVOCI - net change in fair value 16,516 (181,682) (115,616) (412,913) Total comprehensive (lossyincome for the period, (275,335) (160,442) (14,667) (262,091) net of tax

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
Chapter5: The Income Statement And The Statement Of Cash Flows
Section: Chapter Questions
Problem 19E: Interim Reporting (Appendix 5.1) Miller Company prepares quarterly and year-to-date interim reports....
See similar textbooks
icon
Related questions
Question
Calculate the gross profit ratio and net profit ratio?
VOLTAMP ENERGY SAOG Interim Report for the period ended 30th June, 2020 VƏLTAMP Quarter Quarter ended 30th June 6 months ended 30th Unaudited condensed interim consolidated statement of Notes 6 months comprehensive income ended 30th ended 30th 2019 June 2019 June 2020 RO June 2020 RO RO RO Revenue 7,531,090 8,873,914 17,475,118 18,925,430 Cost of sales 9 (6,612,777) (7,753,915) (14,718,833) (16,371,166) Gross profit 918,313 1,119,999 2,756,285 2,554,264 Other income 20 54,361 86,732 54,830 108,632 Selling, administrative and general expenses 8 (1,117,000) (1,076,391) (2,211,699) (2,099,934) Impairment (loss) / reversal on trade receivables 6 (55,920) 31,136 (139,119) (50,779) Profit from operations (200,246) 161,476 460,297 512,183 Finance income 972 486 1,619 934 Finance cost (215,802) (163,434) (468,907) (340,182) Profit / (Loss) for the period before taxation (415,076) (1,472) (6,991) 172,935 Тахation 14 123,225 22,712 107,940 (22,113) Profit/(Loss) for the period after taxation (291,851) 21,240 100,949 150,822 Basic earnings per share 17 0.001 0.002 Net Income attributable to : Equity holders of the Parents Non controlling interest (28,621) 129,570 Other comprehensive income Items that will not be reclassified to profit or loss Investments at FVOCI - net change in fair value 16,516 (181,682) (115,616) (412,913) Total comprehensive (loss)/income for the period, net of tax (275,335) (160,442) (14,667) (262,091)
Transcribed Image Text:VOLTAMP ENERGY SAOG Interim Report for the period ended 30th June, 2020 VƏLTAMP Quarter Quarter ended 30th June 6 months ended 30th Unaudited condensed interim consolidated statement of Notes 6 months comprehensive income ended 30th ended 30th 2019 June 2019 June 2020 RO June 2020 RO RO RO Revenue 7,531,090 8,873,914 17,475,118 18,925,430 Cost of sales 9 (6,612,777) (7,753,915) (14,718,833) (16,371,166) Gross profit 918,313 1,119,999 2,756,285 2,554,264 Other income 20 54,361 86,732 54,830 108,632 Selling, administrative and general expenses 8 (1,117,000) (1,076,391) (2,211,699) (2,099,934) Impairment (loss) / reversal on trade receivables 6 (55,920) 31,136 (139,119) (50,779) Profit from operations (200,246) 161,476 460,297 512,183 Finance income 972 486 1,619 934 Finance cost (215,802) (163,434) (468,907) (340,182) Profit / (Loss) for the period before taxation (415,076) (1,472) (6,991) 172,935 Тахation 14 123,225 22,712 107,940 (22,113) Profit/(Loss) for the period after taxation (291,851) 21,240 100,949 150,822 Basic earnings per share 17 0.001 0.002 Net Income attributable to : Equity holders of the Parents Non controlling interest (28,621) 129,570 Other comprehensive income Items that will not be reclassified to profit or loss Investments at FVOCI - net change in fair value 16,516 (181,682) (115,616) (412,913) Total comprehensive (loss)/income for the period, net of tax (275,335) (160,442) (14,667) (262,091)
Expert Solution
steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Knowledge Booster
Ratio Analysis
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
Accounting
ISBN:
9781337788281
Author:
James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:
Cengage Learning
Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
Accounting
ISBN:
9781337690881
Author:
Jay Rich, Jeff Jones
Publisher:
Cengage Learning
Financial Accounting
Financial Accounting
Accounting
ISBN:
9781337272124
Author:
Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:
Cengage Learning
SEE MORE TEXTBOOKS