QUESTION RELATED TO FINANCIAL ACCOUNTING & REPORTING IV

4. The Group Financial Statement of Ghibli Group Bhd as at 31 December 2015 and its comparative for 2014 are shown below: Consolidated Statement of Comprehensive Income for tho vear ended Jl pecember 2014 and 201 Statement of sat 31 Non-c Property. plant (note 2) Intangible asset 3) in Inntories Trade receivables Cash At bank Total Assets Ordinary Shares Of Retained profits Non controlling interest Total Equity bilities Obligation unner finance leage loan stock Deferred tag Trade and Other payables (note 4) Tax payable Ove nyan Obligation lease Total Equity and Liabilities 2015 Rwooo 240,000 25,000 80,000 34S.oco 105000 120000 20.000 noo 255,000 600,000 100.000 194 oco 70,000 364,000 80,coo 10.oco 26,ocq 25.000 126,000 2014 280,000 19.000 90,oco loc.orYJ 70.000 5,000 205.000 103,000 142.000 242. DOD 282 000 70,000 24.000 184.000 55000 B. 000 20,000 168,000 Note Note 2 Note to the aoooun": OOO'ating expenses COSI' Administrative pront on Of freehold property Property. and equipment. Freehold and building' and Plant and machinery Plant and machinery (lease) 2014 RM'OOO 500,000 (240,000) 260,000 (130,000) 130,000 15,000 (45,000) 17,000 117,000 (25,000) 92 000 86,000 6,000 92,000 2015 WOOD 85.000 75,000 _co,cno) __l'pggc 2015 RM'OOO 20.000 90 000 240,000 2014 60,000 70.000 2014 RM'000 90.000 20.000 100 to 000 280 xxoo Revenue Cost of sales Gross profit Operating expense (note 1) Group Operating profit Investment income Finance costs Share of associate profit Profit before tax Tax expense Profit for the year Profit for the year attributable to: Equity holders of parent Non controlling interest 2015 RM'OOO 600,000 (300,000) 300,000 (150,000) 150,000 6, oco (50,000) 17,000 123,000 (35,000) 88,000 78,000 10,000 88,000 the group entered finance in 'OSpOct 'ome items O' and machinery, Thn amount debited 'O dwir9 the year totaled No of plant and machine'/ or and fittings tCO place dutino tho wear Depvecialion of prepty. plan' and equipment for the year totaled RM58.0(Xl.000 'he balance ot on consok3ation During the ended Ghibli Bhd purchased of the issued equity cap"al o' dhd RMIDO.OOO.OOO Tho assets of Acura Hhd at 'he date or acquisition assessed as having fair and Trade and other gayables, at 31 and the 31 December 2014 do not include any accrued inlerest, Omdends paid to of Linford in the Ct.rent year RM26.ooo.C00, Prepare lhe Consolidated Statement of Cash Flow for Ghibli Group Bhd ended 31 December 2015 in accordance MERS "07 Ot Cash Midirect the and all (23 marks) as follows: Plant and machinery Fixture. and fittings Bank and cash Trade Tavalon 50000 to,coo 3D 000 as.ooo 10.000 (15.000) (5,000) 105,000