1. Following information is available for the year 2017 of CDB SAOG. You are required to prepare Statement of comprehensive income and Statement of financial position.

Deferred Tax Liability	466595
Cost of sales	20791112
Gross profit	7916817
Revaluation reserve	1254912
Salaries And Other Employee Related Costs	3195236
Retained earnings	535737
Selling and distribution expenses	3389825
Net finance costs	18338
Taxation	197537
Fair value gain on financial assets	296174
Unrealized holding loss on Investments classified as available for sale	44427
Property, plant and equipment at cost on 1st January,2017	9127068
Inventory on 1st January,2017	5248061
Accounts and other receivables	4322996
Bank balances and cash	240042
Equity Share capital	4500000
Share premium	136217
Legal reserve	697865
Allowance for Accounts receivables	80067
Current portion of term loans	448566
Employees End Of Service Benefits	85323
Non-Current Portion Of Term Loans	951599
Accumulated depreciation on plant and equipment on 1st January,2017	122096
Accounts and other payables	6767940
Bank borrowings	2891252
General and administrative expenses	728021
Sales Revenue	28707929
Other income	149912

Other information:

1. Depreciation is charged at 10% on original cost on Property, Plant and Equipment

2. Allowance for Accounts and other receivables is increased to 4%. Allowance is treated as expense.

3. Closing stock on 31^st December,2017 was OMR 4,124,032