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NKOSI ( PTY ) LIMITED STATEMENT OF PROFIT OR LOSS FOR THE YEAR ENDED 2 8 FEBRUARY 2 0 1 2 Note 2 0 1
NKOSI PTY LIMITED
STATEMENT OF PROFIT OR LOSS FOR THE YEAR ENDED FEBRUARY
Note
R
R
RevenueSales
Cost of Sales
Opening inventory
Purchases
Closing inventory
Gross profit
Operating expenses
Depreciation
Administrative and selling expenses
Profit before interest and tax PBIT
Interest cost
Profit before tax PBT
Income tax
Net profit after tax NPAT
identify if inventory increased or decreased between and and give a reason for your answer:
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