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Provide an extract from the notes of the financial statements or update the annual financial statements (refer below) of The Fix (Pty) Ltd as at

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Provide an extract from the notes of the financial statements or update the annual financial statements (refer below) of The Fix (Pty) Ltd as at 30 June 2023, disclosing the results of the conclusions in (b) above so as to comply with the International Financial Reporting Standards, IAS 10 Events after the reporting period. Event 1-6 marks Event 2-5 marks THE FIX PTY (LTD) EXTRACT FROM THE STATEMENT OF FINANCIAL POSITION AS AT 30 JUNE 2023 THE FIX PTY (LTD) EXTRACT FROM THE STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME FOR THE YEAR ENDED 30 JUNE 2023 Event 1: Flood damage During July 2023 one of the branches was flooded. Damage amounted to R500000 in total, of which R100000 related to inventory and R400 000 to the building. The company's insurance policy does not cover such an occurrence and the claim was repudiated by the insurance company. A contract was entered into with Damage Control (Pty) Ltd on 1 August 2023 to repair the damage at the branch at a cost of R410 000. The Fix (Pty) Ltd will use surplus cash funds to finance the repairs. Event 2: Insolvent debtor Fashion Fusion (Pty) Ltd, a customer of The Fix (Pty) Ltd, was placed in liquidation by its creditors on 15 July 2023. Fashion Fusion (Pty) Ltd owes The Fix (Pty) Ltd an amount of R120 000. The balance outstanding was included in the trade receivables balance of The Fix (Pty) Ltd at the reporting date. Fashion Fusion (Pty) Ltd's liquidator notified all creditors on 10 August 2023 that the estimated liquidation dividend would be 30 cents in the rand Assume all amounts are material. An income tax rate of 27% is applicable

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