Dhofar Poultry Company SAOG Statement of financial position As at 31 December Note 2016 RO 2015 RO (restated refer note 26) ASSETS Non-current assets Property, plant and equipment Intangible asset Deferred tax asset Total non-current assets 6.489.661 5 5 (h) 14 6,385,349 34,242 12,706 6,432,297 65.910 6,556 571 Current assets Inventories and biological assets Trade and other receivables Bank balances and cash Total current assets B 7 8 ,695 3,162,170 21,943 6,064,808 2.808.893 1,657,120 8.837 4.474.850 Total assets 12.497 105 11.031421 EQUITY AND LIABILITIES Equity Share capital Legal reserve Special reserve Accumulated losses Total equity 9 10(a) 10 (6) 4,000,000 209,886 137,033 (914,544) 3,432,375 1 4.000.000 172,317 137033 (1 252,665) 3,056 685 Liabilities Non-current liabilities Non-current portion of term loans Employees' end of service benefits Total non-current liabilities 12 18 (c) 783,462 110,565 894,027 2.556,748 120.777 2.777 525 Current liabilities Bank borrowings Current portion of term loans Trade and other payable Taxation Total current liabilities 11 12 13 14 3,359,533 1,873,357 2,932,538 5,275 8.170.703 2,107.432 773.357 2.311,147 5275 5.197 211 Total liabilities 9,054 730 7974,736 Total equity and liabilities 12.497 105 11031421 Net assets per share 23 (b) 0.086 0.076 These financial statuments were approved and authorized for issue by the Board of Directors on 26 February 2017 and were signed on their behalf by: Salim Abdullah Al Awadhi Salim Taman Musallam Al Mashani Chairman Chief Executive Officer The accompanying notes on page 6 to 24 form an integral part of these financial statements Adela Paragraph Tome statement: 2016 2015 Note RO. RO. Sales 8 7,540,878 5,905,050 Cost of sales (5.943,876 (4.192,937) Gross profit/(loss) 1,597,002 1,712,113 (455,374) (373,043) (914,762) (791,392) (183,293) (152,589) (31,500) (23,100) General and administrative expenses Selling and distribution expenses Finance costs Directors' Fees Other income Profit (Loss) before taxation Taxation Net Profit (Loss) for the year Basic profit (loss) per share (RO) 241.685 16,783 253,758 388,772 (12,090) (28,750) 241,668 360,022 11 0.006 0.009 090 TATES) O C. Activity : Inventory Turnover , Receivables Turnover, Payables Turnover D. Profitability : ROCE, Gross Profit Margin, E/P 2. Prepare comparative Balance Sheet (Horizontal Analysis per item) for the years 2015-2016 and interpret the result and discuss your assessment on the company performance