AL MAHAC SAOG UNAUDITED CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION At 30 JUNE 2019 RO 2018 RO Audited Dec 2018 RO ASSETS Non-current assets Property, plant and equipment Investment property 7,867.553 225,000 8.556.110 225.000 8.216.931 225.000 8,092.553 8.781, 110 8.441.981 Current assets Financial assets at fair value through profit or loss inventories Trade and other receivables Cash and bank balances 1,673,462 2,063.668 838,015 189.821 1.663.515 2082739 270.901 130 787 1846.954 2008.848 390.741 4,575.145 4386.976 4.427 330 TOTAL ASSETS 12.667,693 13,168,086 12.069.261 EQUITY 5.500.000 Share capital Share premium 5.500.000 88,199 5.500.000 88 199 88.199 1,476,086 Statutory reserve 1,596,402 1,596,402 Retained earnings 1,952,406 2,367,213 1,913,425 TOTAL EQUITY 9,137,007 8,977,710 9,551,814 LIABILITIES Non-current liabilities End of service benefits 236,878 243,954 334,949 1,913,425 Retained earnings 1,952,406 2,367,213 TOTAL EQUITY 9,137,007 8,977,710 9,551,814 LIABILITIES Non-current liabilities End of service benefits 236,878 243,954 334,949 595,056 566,747 602,132 Current liabilities Bank borrowings Trade and other payables 1.250.000 1.685.635 1.100.000 2.523629 80,000 2635 315 2.935,635 3,623620 2.715,315 TOTAL LIABILITIES 3,530,691 4.190.376 3,317,4471 TOTAL EQUITY AND LIABILITIES 12,667,698 13,168,086 12,869.261 Net assets per share 0.166 0.163 0.174 Deferred tax liability 358,178 231,798 358,178 These financial statements were approved and authorized for issue by the Board of Directors on 29th July 2019 and signed on their behalf by: CHAIRMAN DIRECTOR Questions: 1) Prepare Balance sheet from the above data AL MAHAC SAOG UNAUDITED CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION At 30 JUNE 2019 RO 2018 RO Audited Dec 2018 RO ASSETS Non-current assets Property, plant and equipment Investment property 7,867.553 225,000 8.556.110 225.000 8.216.931 225.000 8,092.553 8.781, 110 8.441.981 Current assets Financial assets at fair value through profit or loss inventories Trade and other receivables Cash and bank balances 1,673,462 2,063.668 838,015 189.821 1.663.515 2082739 270.901 130 787 1846.954 2008.848 390.741 4,575.145 4386.976 4.427 330 TOTAL ASSETS 12.667,693 13,168,086 12.069.261 EQUITY 5.500.000 Share capital Share premium 5.500.000 88,199 5.500.000 88 199 88.199 1,476,086 Statutory reserve 1,596,402 1,596,402 Retained earnings 1,952,406 2,367,213 1,913,425 TOTAL EQUITY 9,137,007 8,977,710 9,551,814 LIABILITIES Non-current liabilities End of service benefits 236,878 243,954 334,949 1,913,425 Retained earnings 1,952,406 2,367,213 TOTAL EQUITY 9,137,007 8,977,710 9,551,814 LIABILITIES Non-current liabilities End of service benefits 236,878 243,954 334,949 595,056 566,747 602,132 Current liabilities Bank borrowings Trade and other payables 1.250.000 1.685.635 1.100.000 2.523629 80,000 2635 315 2.935,635 3,623620 2.715,315 TOTAL LIABILITIES 3,530,691 4.190.376 3,317,4471 TOTAL EQUITY AND LIABILITIES 12,667,698 13,168,086 12,869.261 Net assets per share 0.166 0.163 0.174 Deferred tax liability 358,178 231,798 358,178 These financial statements were approved and authorized for issue by the Board of Directors on 29th July 2019 and signed on their behalf by: CHAIRMAN DIRECTOR Questions: 1) Prepare Balance sheet from the above data
