The accounting records of Food Complex Ltd., a publicly listed company, showed the amounts below for the year ended 31 January 20X7, in millions of Canadian dollars. The company had 45 million common shares outstanding throughout the fiscal year. Bakery $ (125) U.S. $ (103) Dairy $ (105) 36 29 20 Total $(1,274) 456 52 209 27 25 39 150 (9) Dr./(Cr.) Retail Wholesale Sales revenue $ (630) $ (311) Cost of inventory expensed 220 158 Employee cost 67 Other operating expense - 38 Restructuring cost Gain on sale of marketable securities Interest expense Depreciation expense General advertising expense General corporation administrative expense Loss on discontinued operation Loss on translation of U.S. subsidiary (OCI) Income tax expense (including $6 tax recovery on discontinued operation) 24 108 33 (33) (33) Required: 1. Prepare the SCI by nature of income and expense. (Round intermediate and "Earnings per share" answers to 2 decimal place. Enter answers in millions, not in whole Canadian dollar.) FOOD COMPLEX LIMITED Statement of Comprehensive Income Year ended 31st January, 20X7 (in millions of Canadian dollars, except per share amounts) Income: Cost of goods sold Depreciation expense Employee wages and benefits Gain on sale of securities General administration 1. Prepare the SCI by nature of income and expense. (Round intermediate and "Earnings per share" answers to 2 decimal place. Enter answers in millions, not in whole Canadian dollar.) FOOD COMPLEX LIMITED Statement of Comprehensive Income Year ended 31st January, 20X7 (in millions of Canadian dollars, except per share amounts) Income: Expenses and losses: General advertising expense Income tax expense Interest expense Loss on discontinued operation Other operating expense Other comprehensive income: $ 0 Earnings per share: Continuing operations Discontinued operation Earnina per share. total 2. Prepare the SCI by function. (Round intermediate and "Earnings per share" answers to 2 decimal place. Enter answers in millions, not in whole Canadian dollar.) FOOD COMPLEX LIMITED Statement of Comprehensive Income Year ended on 31st January, 20X7 (in millions of Canadian dollars, except per share amounts) Income: Expenses and losses: Advertising expense Cost of goods sold Depreciation expense $ Employee wages and benefits Gain on sale of securities Other comprehensive income: Earnings per share on continuing operations Earnings per share on discontinued operations Earnings per share, total General administration Income tax expense Interest expense Loss on discontinued operation Operating expenses Other comprehensive income: Earnings per share on continuing operations Earnings per share on discontinued operations Earnings per share, total Operating expenses Other operating expense Restructuring cost Sales revenue Translation loss on U.S. subsidiary $ Other comprehensive income: Earnings per share on continuing operations Earnings per share on discontinued operations Earnings per share, total The accounting records of Food Complex Ltd., a publicly listed company, showed the amounts below for the year ended 31 January 20X7, in millions of Canadian dollars. The company had 45 million common shares outstanding throughout the fiscal year. Bakery $ (125) U.S. $ (103) Dairy $ (105) 36 29 20 Total $(1,274) 456 52 209 27 25 39 150 (9) Dr./(Cr.) Retail Wholesale Sales revenue $ (630) $ (311) Cost of inventory expensed 220 158 Employee cost 67 Other operating expense - 38 Restructuring cost Gain on sale of marketable securities Interest expense Depreciation expense General advertising expense General corporation administrative expense Loss on discontinued operation Loss on translation of U.S. subsidiary (OCI) Income tax expense (including $6 tax recovery on discontinued operation) 24 108 33 (33) (33) Required: 1. Prepare the SCI by nature of income and expense. (Round intermediate and "Earnings per share" answers to 2 decimal place. Enter answers in millions, not in whole Canadian dollar.) FOOD COMPLEX LIMITED Statement of Comprehensive Income Year ended 31st January, 20X7 (in millions of Canadian dollars, except per share amounts) Income: Cost of goods sold Depreciation expense Employee wages and benefits Gain on sale of securities General administration 1. Prepare the SCI by nature of income and expense. (Round intermediate and "Earnings per share" answers to 2 decimal place. Enter answers in millions, not in whole Canadian dollar.) FOOD COMPLEX LIMITED Statement of Comprehensive Income Year ended 31st January, 20X7 (in millions of Canadian dollars, except per share amounts) Income: Expenses and losses: General advertising expense Income tax expense Interest expense Loss on discontinued operation Other operating expense Other comprehensive income: $ 0 Earnings per share: Continuing operations Discontinued operation Earnina per share. total 2. Prepare the SCI by function. (Round intermediate and "Earnings per share" answers to 2 decimal place. Enter answers in millions, not in whole Canadian dollar.) FOOD COMPLEX LIMITED Statement of Comprehensive Income Year ended on 31st January, 20X7 (in millions of Canadian dollars, except per share amounts) Income: Expenses and losses: Advertising expense Cost of goods sold Depreciation expense $ Employee wages and benefits Gain on sale of securities Other comprehensive income: Earnings per share on continuing operations Earnings per share on discontinued operations Earnings per share, total General administration Income tax expense Interest expense Loss on discontinued operation Operating expenses Other comprehensive income: Earnings per share on continuing operations Earnings per share on discontinued operations Earnings per share, total Operating expenses Other operating expense Restructuring cost Sales revenue Translation loss on U.S. subsidiary $ Other comprehensive income: Earnings per share on continuing operations Earnings per share on discontinued operations Earnings per share, total