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Question 1 Lamadilawal Berhad is a public listed company. Its summarized financial statements for the years ended 3 1 March 2 0 2 2 and

Question 1
Lamadilawal Berhad is a public listed company. Its summarized financial statements for the
years ended 31 March 2022 and the comparative figures are shown below.
Statements of Profit or Loss and Comprehensive Income for the year ended 31 March
Revenue
Cost of sales
Gross profit
Distribution costs
Administrative expenses
Finance costs
Profit before tax
Income tax expense
Profit for the year
Other comprehensive income
Total comprehensive income
Statements of Financial Position as at 31 March
Assets
Non-current assets
Property, plant and equipment
Intangible asset: manufacturing license
Investment
Current assets
Inventory
Equity and liabilities
Equity
Equity shares (RM 1 per share)
Reserves Revaluation
Retained earnings
Bank
Total assets
250
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