QUESTION 1 Jelitakami Berhad is one of the well-established corporation in Malaysia. Followings are the consolidated financial statements of Jelitakami Berhad for the year ended 31 December 2018. Jelitakami Berhad Consolidated Statement of Profit or Loss and Other Comprehensive Income For the year ended 31 December 2018 RM'000 Revenue 37,500 Cost of sales (16,710) Gross profit 20,790 Administrative expenses (9,500) Other expenses (2,110) Gain on disposal of subsidiary 1,500 Finance cost (1,000) Share of profit in associate 250 Profit before taxation 9,930 Less: Taxation (2,480) Profit after taxation 7,450 Other comprehensive income Total comprehensive income 7,450 Profit for the year attributable to: Owners of the company 5,811 Non-controlling interest 1,639 7,450Jelitakami Berhad Consolidated Statement of Financial Position As at 31 December 2018 2017 RM'000 RM'000 ASSETS Non-Current Assets Property, plant and equipment 18,500 16,210 Intangible assets 2.800 3,100 Goodwill 4,000 6,600 Investment in associate 3,950 2,400 29,250 28,310 Current assets Inventories 9,500 7,450 Trade receivables 14,250 Cash 11,300 29,750 43,370 53,500 62,120 TOTAL ASSETS 82,750 90,430 EQUITY AND LIABILITIES Equity Share capital 30,000 30,000 Retained earnings 17,800 11,500 47,800 41,500 Non-controlling interests 15,000 20,000 Non-current liabilities Long-term loan 10,000 12,000 Deferred tax 3,100 2,300 13,100 14,300 Current liabilities Trade payables 3,640 10,150 Tax payable 3,210 4,480 6,850 14,630 TOTAL EQUITY AND LIABILITIES 82,750 90,430