R Extract from the Statement of Comprehensive and Other Income Sales (all credit) Cost of sales Gross profit Operating expenses Profit before interest and tax Interest expense Profit before tax Company tax Net profit for the year 1 480 000 900 000 580 000 217 000 363 000 28 000 335 000 70.000 265 000 Extract from the Statement of Financial Position Non-current assets Current assets Shareholder's equity Non-current liabilities Current liabilities 1 200 000 480 000 1 050 000 370 000 260 000