Following is the latest end of year income statement and balance sheet for United Food Company (PSC), a UAE firm primarily engaged in the manufacturing, processing and marketing of hydrogenated vegetable ghee, cooking oil, margarine, butter products and fat including trading of food products. The company has been listed on the Dubai Financial Market (DFM) since July 2006.

STATEMENT OF INCOME For the year ended 31 December 2017 2017 AED 2016 AED Notes Sales Cost of sales Gross profit Selling and distribution expenses Administrative expenses Finance costs Gain on derecognition of available for sale investment Other income, net Profit before share of results of associate Gain on bargain purchase on investment in an associate Share of loss on investment in associate Profit for the year restated) 450,609,800 402,182,158 (368,263,692) (321,098,200) 81,083,958 (47,294,196 (41,932,269) (15,777,397) 5,279,470) (718,175) 1,797,151 1,220,284 20,967,343 26,171,479 4,497,288 (32,265) 82,346,108 (447,349) 2,140,177 1,040,203) 9,927,140 30,636,502 Earnings per share in AED 16 0.60 0.95