Blue Crane Ltd is a large manufacturing company with a $31$ December year$-$end. The

company consists of various divisions that each manufacture a specific product.

Raw material

External $3500000$

Internal $1500000$ X $100\%/115\%=1304347\mathrm{.}83$

$3500000+1304347\mathrm{.}83=4804347\mathrm{.}83$

Dismantling Costs

N $=20$ Years

I$/$R$=6\%$

FV$=$ R $1300000\mathrm{.}00$

PV$=405346\mathrm{.}14$

Provision dismantling costs

$405346\mathrm{.}14$ x $6\%$ x $5/12=$ R$10133\mathrm{.}65$

REQUIRED

Prepare extracts from the statement of financial position as at $31$ December $2024$ for Blue Crane Ltd showing all the balances relating to the manufacturing plant structure