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Question Required:

Question: Make a Common-size Income statement of the above 4 years income statements 2018 to 2021.

Note: Put together all the common-size income statements in a single table and comment on the trend that the group observes. .

Emirates Integrated Telecommunications Company PJSC and its subsidiaries Emirates Integrated Telecommunications Company PJSC and its subsidiaries Consolidated statement of comprehensive income Other comprehensive (loss)/income Items that may be re-classified subsequently to profit or loss Fair value changes on cash flow hedge 25 (520) (10,448) Items that will not be re-classified to profit or loss Actuarial gain on defined benefit obligations Other comprehensive income/(loss) for the year 20 Total comprehensive income for the year attributable entirely to shareholders of the Company Basic and diluted earnings per share (AED) 29 0.32 0.38 D E. 4 R4- Emirates Integrated Telecommunications Company PJSC and its subsidiaries Emirates Integrated Telecommunications Company PJSC and its subsidiaries Consolidated statement of comprehensive income Other comprehensive (loss)/income Items that may be re-classified subsequently to profit or loss Fair value changes on cash flow hedge 25 (520) (10,448) Items that will not be re-classified to profit or loss Actuarial gain on defined benefit obligations Other comprehensive income/(loss) for the year 20 Total comprehensive income for the year attributable entirely to shareholders of the Company Basic and diluted earnings per share (AED) 29 0.32 0.38 D E. 4 R4