Ruby Corporation

Statement of Financial Position

31-Dec-16

ASSETS
Notes
Current Assets
Cash and Cash Equivalents PHP 116,000
Financial Assets Held for Trading 5 160,000
Trade and Other Receivables 6 308,000
Inventories 7 985,000
Prepaid Expenses 31,000
Non-current Assets Held for Sale 8 210,000 PHP 1,810,000
Non-current Assets
Property, Plant and Equipment 9 PHP 3,248,000
Other Financial Assets 10 339,000
Intangible Assets 11 182,000 3,769,000
TOTAL ASSETS PHP 5,579,000

LIABILITIES
Current Liabilities
Trade and Other Payables PHP 580,000
Income Tax Payable 247,000
Unearned Revenues 62,000
Provision for Product Warranty 73,000 PHP 962,000
Non-current Liabilities
Bonds Payable 12 848,000
TOTAL LIABILITIES PHP 1,810,000

EQUITY
Shareholder's Equity
Share Capital 13 PHP 2,028,000
Additional Paid in Capital 14 537,000
Retained Earnings 1,204,000 3,769,000
TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY PHP 5,579,000