The summarized general ledger trial balance of XYZ Limited, a manufacturing company for the year ended 30th June 2013 is detailed below: 

DR CR 

1. Sales of goods 4469000 
2. Interest Income 6000 
3. Cost of goods sold 2987000 
4. Distribution expenses 86000 
5. Sales and marketing expenses 820000 
6. Administration expenses 252000 
7. Interest expenses 44000 
8. Other borrowing expenses 4000 
9. Income tax expense 85000 
10. Cash on Hand 4000 
11. Cash on deposit, a call 150000 
12. Bank overdraft 50000 
13. Trade debtors 450000 
14. Allowance for doubtful debts 14000 
15. Other debtors 93000 
16. Raw materials 188000 
17. Finished goods 714000 
18. Listed investment( available for sale)225000 
19. Land and buildings 257000 
20. Accumulated depreciation - Buildings 36000 
21. Plant and equipment 1260000 
22. Accumulated depreciation - Plant and equipment 564000 
23. Patents 45000 
24. Goodwill 870000 
25. Bank Loans 66000 
26. Other loan 570000 
27. Trade creditors 510000 
28. Employee benefit provisions 93000 
29. Warranty provision 37000 
30. Current tax payable 25000 
31. Deferred tax liability 135000 
32. Retained earnings, 30th June 2012 326000 
33. Dividends paid 150000 
34. Land revaluation reserve 50000 
35. Investment revaluation reserve 42000 
36. Share Capital 1691000 $ 8,684,000 $ 8,684,000.

Additional Information 

• Share issues during 2013 were $120000 

• Share capital was $1541000 on 30th June 2012. Of the $150000 dividends, $30000 was reinvented as part of a dividend reinvestment plan 

• The balance of the land revaluation reserve and the investments revaluation reserve on 30 June 2012 was $15000 credit and $35000 credit respectively • The following revaluations were recognized during the year ended 30 June 2013: Land revalued upward by $50000 ( related income tax $15000) and available for sale investment revalued upward by $10000 (related income tax $3000) 

• XYZ Ltd uses the single statement format for the statement of comprehensive income and classifies expense by function.

• The available for sale investments are held as part of a long term investment strategy 

• $30000 of bank loans is repayable within 1 year 

• $110000 of other loans is repayable within 1 year 

• Employee benefit provisions include $62000 payable within 1 year. 

• The warranty provision is in respect of a 9-month warranty given on certain goods sold. 

• The bank overdraft facility is subject to annual review and could be withdrawn. 

Required: Prepare the statement of financial position, statement of comprehensive income, and statement of changes in equity of XYZ Limited for the year ended 30th June 2013 in accordance with the requirement of IAS1.