The following information was obtained from the annual report of A Ltd of the current year.

Income statement:

Sales	4200
Cost of sales	-1680
Other operating expenses	-630
Profit before interest and tax	1890
Interest expense	-756
Profit before tax	1134
Taxation paid	-340
Profit for the year	794

Statement of changes in equity:

Opening balance	100
Profit for the year	794
Dividends paid	-318
Closing balance	576

Notes to the financial statements:

Depreciation	126
Salaries and wages	189

Required:

Insert the correct amounts in the value added statement of A Ltd pertaining to the current year for

Sales =

Bought-in material and goods =

Value added =

Distributed to:

Depreciation =

Interest paid =

Salaries and wages =

Taxation =

Dividends =

Retention =

Total distribution =

Answer rating: 100% (QA)

Answer To construct the valueadded statement for A Ltd for the current year well use the information ... View the full answer