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Question 2 Kopi Sdn Bhd's statement of profit or loss for the year ended 31 December 2018 and statements of financial position at 31 December
Question 2 Kopi Sdn Bhd's statement of profit or loss for the year ended 31 December 2018 and statements of financial position at 31 December 2017 and 31 December 2018 were 720 70 following STATEMENT OF PROFIT OR LOSS FOR THE YEAR ENDED 31 DECEMBER 2011 RM"000 RM"000 Revenue Raw materials consumed 94 Staff costs 118 Depreciation 18 (300) Loss on disposal of non-current asset Interest payable Profit before tax (124) Taxation Profit for the year 268 KOPI SDN BHD STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2018 2017 Assets RM"000R M'000 RM'000 RM 000 Property, plant and equipment Cost 1,596 1,560 Depreciation 1,336 24 Current assets Inventory Trade receivables Bank Total Assets 7621 481 134 1470 Equity and liabilities Capital and reserves Share capital Share premium Retained earnings 340 360 36 716 514 878 Non current liabilities Non-current loans 500 Current liabilities Trade payables Taxation 8692 1470 During the year, the company paid RM90,000 for a new piece of machinery During the year, the company paid RM U L1.426 Dividends paid during 2018 totaled RM66,000 and interest paid was RM28.000 Required Prepare a statement of cash flows for Kopi Sdn Bhd for the year ended 31 December 2018 in accordance with the requirements of MERS 107 Statement of Cash Flows, using the indirect method: (18 marks) Prepare a statement of cash flows for Kopi Sdn Bhd for the year ended 31 December 2018 in accordance with the requirements of MFRS 107 Statement of Cash Flows, using the direct method (12 marks]
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