Requirements: 2) Prepare vertical analysis and horizontal analysis of the Income Statement?

SHARQIYAH DESALINATION COMPANY SAOG STATEMENT OF COMPREHENSIVE INCOME For the year ended 31 December 2020 2020 RO 2019 RO Notes Revenue Cost of sales 5 6 13,459,810 (8,140,372) 13,871,896 (8,152,051) GROSS PROFIT 5,319,438 5,719,845 Administrative and general expenses Finance expenses Withholding tax 7 (a) 8 (a) (826,024) (2,908,426) (757,561) (3,158,582) 359,602 8 (b) PROFIT BEFORE TAX Taxation 1,584,988 (237,827) 2,163,304 (271,629) 19 PROFIT FOR THE YEAR 1,347,161 1,891,675 OTHER COMPREHENSIVE INCOME 1 (EXPENSE), NET OF TAX Items that may be reclassified to profit or loss in subsequent periods: Fair value adjustment on derivatives Deferred tax on fair value adjustment 15 19 (2,178, 172) 326,726 (2,322,384) 348,357 OTHER COMPREHENSIVE (EXPENSE) / INCOME FOR THE YEAR, NET OF TAX (1,851,446) (1,974,027) TOTAL COMPREHENSIVE (EXPENSE) / INCOME FOR THE YEAR (504,285) (82,352) BASIC AND DILUTED EARNINGS PER SHARE 24 0.014 0.019