197537 44427 marks) 1. Following information is available for the year 2017 of CDB SAOG. You are required to prepare Statement of comprehensive income and Statement of financial position. Deferred Tax Liability 466595 Cost of sales 20791112 Gross profit 7916817 Revaluation reserve 1254912 Salaries And Other Employee Related Costs 3195236 Retained earnings 535737 Selling and distribution expenses 3389825 Net finance costs 18338 Taxation Fair value gain on financial assets 296174 Unrealized holding loss on Investments classified as available for sale Property, plant and equipment at cost on 14 January, 2017 9127068 Inventory on 1" January, 2017 5248061 Accounts and other receivables 4322996 Bank balances and cash 240042 Equity Share capital 4500000 Share premium 136217 Legal reserve 697865 Allowance for Accounts receivables 800671 Current portion of term loans 448566 Employees' End of Service Benefits 85323 Non-Current Portion of Term Loans 951599 Accumulated depreciation on plant and equipment on 1" January 2017 122096 Accounts and other payables 6767940 Bank borrowings 2891252 General and administrative expenses 728021 Sales Revenue 28707929 Other income 149912 Other information: 1. Depreciation is charged at 10% on original cost on Property, Plant and Equipment 2. Allowance for Accounts and other receivables is increased to 4%. Allowance is treated as expense. 3. Closing stock on 31st December,2017 was OMR 4,124,032 197537 44427 marks) 1. Following information is available for the year 2017 of CDB SAOG. You are required to prepare Statement of comprehensive income and Statement of financial position. Deferred Tax Liability 466595 Cost of sales 20791112 Gross profit 7916817 Revaluation reserve 1254912 Salaries And Other Employee Related Costs 3195236 Retained earnings 535737 Selling and distribution expenses 3389825 Net finance costs 18338 Taxation Fair value gain on financial assets 296174 Unrealized holding loss on Investments classified as available for sale Property, plant and equipment at cost on 14 January, 2017 9127068 Inventory on 1" January, 2017 5248061 Accounts and other receivables 4322996 Bank balances and cash 240042 Equity Share capital 4500000 Share premium 136217 Legal reserve 697865 Allowance for Accounts receivables 800671 Current portion of term loans 448566 Employees' End of Service Benefits 85323 Non-Current Portion of Term Loans 951599 Accumulated depreciation on plant and equipment on 1" January 2017 122096 Accounts and other payables 6767940 Bank borrowings 2891252 General and administrative expenses 728021 Sales Revenue 28707929 Other income 149912 Other information: 1. Depreciation is charged at 10% on original cost on Property, Plant and Equipment 2. Allowance for Accounts and other receivables is increased to 4%. Allowance is treated as expense. 3. Closing stock on 31st December,2017 was OMR 4,124,032