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1-Do the verticle analysis for this company Tomei Consolidated Berhad Statements of comprehensive Income for the Financial Year Ended 31 December 2020 Tomei Consolidated Berhad
1-Do the verticle analysis for this company
Tomei Consolidated Berhad Statements of comprehensive Income for the Financial Year Ended 31 December 2020 Tomei Consolidated Berhad EQUITY AND LIABILITIES Statements of comprehensive Income for the Financal Year Ended 31 December 2020 Equity attributable to equity holders/owners of the Company 2020 2019 2018 Share capital 000 1000 000 Reserves Shareholders' equity Non-controlling interest 12,739 14,968 17,544 TOTAL EQUITY 2020 2019 73,336 167,870 241,206 4,169 245,375 73,336 136,239 209,575 4,618 214,193 73,336 129,339 202,675 4,187 206,862 000 000 Revenue 552,401 534,074 19,824 30,633 Cost of sales -415,488 399,242 502 741 2.356 4,220 2018 ASSETS Non-current assets 1000 Property, plant and equipment 554,024 Investment properties Right-of-use assets -435,904 Prepaid lease payments forland 128,120 Investment in associates Club memberships (Other) 12,230 Goodwill on consolidation (Other) -26,018 Deferred tax assets (Other) Other investments -93,672 Total non-current assets Gross profit 138,913 134,832 177 Other income 6,761 4,265 569 83 651 7,333 8,569 92 560 12,544 13,937 Administrative expenses 22,259 -24,911 3,102 -70,859 -37,136 1,158 33,721 1,087 46,688 Selling and distribution expenses Net (impairment loss on /reversal of impairment loss on receivables 28,123 27,327 27,998 1,176 -1,299 2516 Current assets Inventories 174,450 171,786 167,325 381,920 32,978 356,262 23,562 Other expenses Profit from operations Finance income - Non-current liabilities 457 Loan and borrowings Retirement benefits obligations Deferred tax liabilities Other Payables Lease Liabilities 1,655 Total non-current liabilities 19,666 Current liabilities Trade and other payables Accruals and deposits received 333,552 Loan and borrowings 37,698 Provision for restoration costs Current tax liabilities Amount due to holding company 2,726 Amount due to directors Contract liabilities Amount due to subsidiaries 11,645 Lease Liabilities 385,621 Total current liabilities TOTAL LIABILITIES 385,621 405,287 TOTAL EQUITY AND LIABILITIES 51,380 25,751 2,579 390 Trade and other receivables 18,144 Deposits and prepayments "Amount due from associate company/Amount due by subsidiaries Current tax assets -11,457 Fixed deposits placed with licensed banks/ Short term fund Finance costs -10,039 -11,736 Share of results of an associate, net of tax Cash and bank balances 23,211 438,109 19,099 398,923 Profit before taxation 41,341 14,015 6,687 12,734 217,886 226,455 17,978 217,481 231,418 195,323 198,425 Income tax expense Taxation Profit for the financial year -10,617 30,724 4,842 9,173 -1,765 4,922 Asset classified as held for sale Total current assets TOTAL ASSETS 438,109 471,830 398,923 445,611 471,830 445,611 405,287 Tomei Consolidated Berhad Statements of comprehensive Income for the Financial Year Ended 31 December 2020 Tomei Consolidated Berhad EQUITY AND LIABILITIES Statements of comprehensive Income for the Financal Year Ended 31 December 2020 Equity attributable to equity holders/owners of the Company 2020 2019 2018 Share capital 000 1000 000 Reserves Shareholders' equity Non-controlling interest 12,739 14,968 17,544 TOTAL EQUITY 2020 2019 73,336 167,870 241,206 4,169 245,375 73,336 136,239 209,575 4,618 214,193 73,336 129,339 202,675 4,187 206,862 000 000 Revenue 552,401 534,074 19,824 30,633 Cost of sales -415,488 399,242 502 741 2.356 4,220 2018 ASSETS Non-current assets 1000 Property, plant and equipment 554,024 Investment properties Right-of-use assets -435,904 Prepaid lease payments forland 128,120 Investment in associates Club memberships (Other) 12,230 Goodwill on consolidation (Other) -26,018 Deferred tax assets (Other) Other investments -93,672 Total non-current assets Gross profit 138,913 134,832 177 Other income 6,761 4,265 569 83 651 7,333 8,569 92 560 12,544 13,937 Administrative expenses 22,259 -24,911 3,102 -70,859 -37,136 1,158 33,721 1,087 46,688 Selling and distribution expenses Net (impairment loss on /reversal of impairment loss on receivables 28,123 27,327 27,998 1,176 -1,299 2516 Current assets Inventories 174,450 171,786 167,325 381,920 32,978 356,262 23,562 Other expenses Profit from operations Finance income - Non-current liabilities 457 Loan and borrowings Retirement benefits obligations Deferred tax liabilities Other Payables Lease Liabilities 1,655 Total non-current liabilities 19,666 Current liabilities Trade and other payables Accruals and deposits received 333,552 Loan and borrowings 37,698 Provision for restoration costs Current tax liabilities Amount due to holding company 2,726 Amount due to directors Contract liabilities Amount due to subsidiaries 11,645 Lease Liabilities 385,621 Total current liabilities TOTAL LIABILITIES 385,621 405,287 TOTAL EQUITY AND LIABILITIES 51,380 25,751 2,579 390 Trade and other receivables 18,144 Deposits and prepayments "Amount due from associate company/Amount due by subsidiaries Current tax assets -11,457 Fixed deposits placed with licensed banks/ Short term fund Finance costs -10,039 -11,736 Share of results of an associate, net of tax Cash and bank balances 23,211 438,109 19,099 398,923 Profit before taxation 41,341 14,015 6,687 12,734 217,886 226,455 17,978 217,481 231,418 195,323 198,425 Income tax expense Taxation Profit for the financial year -10,617 30,724 4,842 9,173 -1,765 4,922 Asset classified as held for sale Total current assets TOTAL ASSETS 438,109 471,830 398,923 445,611 471,830 445,611 405,287Step by Step Solution
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