Calculate "Net Profit" of the company for the year 2019 & 2020 by using the "Simple Income Statement" format which you learned in the class? (1.5 Mark)

AL OMANIYA FINANCIAL SERVICES SAOG STATEMENT OF COMPREHENSIVE INCOME For the year ended 31 December 2020 Notes 2020 RO 2019 RO 11,856,961 14,790,338 (6,060,770) (6,027,533) 5,796,191 8,762,805 Interest income on finance lease, working capital finance and other advances Interest expense Net instalment finance income Finance income Other income Operating expenses Provision for expected credit loss, net Depreciation Profit before tax Income tax credit/(expense) Profit and total comprehensive income for the year 3 4 6,8 10 3,701,965 663,591 (3,920,202) (4,705,916) (126,087) 2,076,924 772,803 4,263,816) (3,176,000) (137,716) 1,409,542 4,035,000 5 39,920 (605,250) 1,449,462 3,429,750 21 0.005 0.012 Basic earnings per share Diluted earnings per share 22 0.005 0.011