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(i) Henry plc has one subsidiary, Son Ltd. Son Ltd was sold in 2018, at no profit or loss to Henry plc. Using the information
(i) Henry plc has one subsidiary, Son Ltd. Son Ltd was sold in 2018, at no profit or loss to Henry plc. Using the information below, you are required to show the comparative amounts that would appear for 2017, in the 2018 accounts of Henry plc. Revenue Cost of sales Gross profit Other income Distribution costs Administrative expenses Profit before taxation Income tax expense Profit after taxation Henry plc m 1,000 (600) 400 20 (100) (150) 170 (30) 140 Son Ltd Income statement 2017 m m 100 1,100 (60) (660) 40 440 2 22 (10) (110) (15) (165) 17 187 (3) (33) 14 154 (i) Henry plc has one subsidiary, Son Ltd. Son Ltd was sold in 2018, at no profit or loss to Henry plc. Using the information below, you are required to show the comparative amounts that would appear for 2017, in the 2018 accounts of Henry plc. Revenue Cost of sales Gross profit Other income Distribution costs Administrative expenses Profit before taxation Income tax expense Profit after taxation Henry plc m 1,000 (600) 400 20 (100) (150) 170 (30) 140 Son Ltd Income statement 2017 m m 100 1,100 (60) (660) 40 440 2 22 (10) (110) (15) (165) 17 187 (3) (33) 14 154
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