Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Avon Rubber plc Consolidated Income Statement (pounds in thousands) Current Year Prior Year Continuing operations Revenue 117,574 107,600 (89,256) Cost of sales 77, 8920 Gross

image text in transcribed
image text in transcribed
Avon Rubber plc Consolidated Income Statement (pounds in thousands) Current Year Prior Year Continuing operations Revenue 117,574 107,600 (89,256) Cost of sales 77, 8920 Gross profit 28,318 29,708 Distribution costs (4,832) (4,527) 13,740) Administrative expenses 14,536) Other operating income Operating profit/loss) from continuing operations 11,136 Operating profit/(oss) is analysed as: Before depreciation, amortization and exceptional items 15,723 13,577 Depreciation and amortization (4,322) Operating profit/Ooss) before exceptional items 11,136 9,255 Exceptional operating items Finance income 16 (486) Finance costs Other finance income (443) Profit/(oss) before taxation 10,212 7,134 13,094) (2,808) Profit/loss) for the year from continuing operations 7,118 Earnings/(loss) per share 25.2p 15.2p Diluted 23.3p 14.4p Earnings/(loss) per share from continuing operations 25.2p Basic 15.2p 23.3p 14.4p thoritative literature at the IASB website (http//www.iasb.org/) (Click on the IFRS b and then registe cessary.) When you have accessed the documents, you can use the search tool in your Internet br lowing questions. (Provide paragraph citations.) s addresses reporting in the statement of comprehensive income? When was it issued? he definition of total comprehensive income. he rationale for presenting additional line items, headin and subtotals in the statement of comprehensive gs

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cloud Security Auditing

Authors: Suryadipta Majumdar, Taous Madi, Yushun Wang, Azadeh Tabiban, Momen Oqaily, Amir Alimohammadifar, Yosr Jarraya, Makan Pourzandi, Lingyu Wang, Mourad Debbabi

1st Edition

3030231305, 978-3030231309

More Books

Students also viewed these Accounting questions

Question

4. What are some guidelines for document design? (LO 6-3)

Answered: 1 week ago