SUMMARY STATEMENTS OF FINANCIAL POSITION FOR A COMPANY FOR TWO YEARS: 2012 SOOO 2011 E"OOO ASSETS NON-CURRENT ASSETS Cost Accumulated depreciation 3.500 (860) 2.850 (540) 2.640 2.310 CURRENT ASSETS Inventories Trade receivables Cash at bank 450 250 58 758 275 100 23 398 TOTAL ASSETS 3.398 2.709 EQUITY AND LIABILITIES EQUITY Share Capital Retained Earnings 1.900 803 2.703 1.600 788 2.388 NON-CURRENT LIABILITIES Loan 280 415 320 CURRENT LIABILITIES Trade payables TOTAL EQUITY AND LIABILITIES 3299 2.709 SIMPLIFIED INCOME STATEMENT FOR THE YEAR E'OOO 2.255 16405 615 Revenue Less cost of sales Gross Profit Expenses: Annual depreciation charge Other expenses 320) 0250 (570) 30 Finance costs Profit for year SUMMARY STATEMENTS OF FINANCIAL POSITION FOR A COMPANY FOR TWO YEARS: 2012 SOOO 2011 E"OOO ASSETS NON-CURRENT ASSETS Cost Accumulated depreciation 3.500 (860) 2.850 (540) 2.640 2.310 CURRENT ASSETS Inventories Trade receivables Cash at bank 450 250 58 758 275 100 23 398 TOTAL ASSETS 3.398 2.709 EQUITY AND LIABILITIES EQUITY Share Capital Retained Earnings 1.900 803 2.703 1.600 788 2.388 NON-CURRENT LIABILITIES Loan 280 415 320 CURRENT LIABILITIES Trade payables TOTAL EQUITY AND LIABILITIES 3299 2.709 SIMPLIFIED INCOME STATEMENT FOR THE YEAR E'OOO 2.255 16405 615 Revenue Less cost of sales Gross Profit Expenses: Annual depreciation charge Other expenses 320) 0250 (570) 30 Finance costs Profit for year