Ummul Qura Bhd

Balance Sheet as at 31/12/2014 and 31/12/2015

2014 (RM) 2015 (RM)

Cash 5,020 6,334
Marketable securities 950 1,250
Account receivable 17,470 18,840
Inventories 30,420 27,040
Gross fixed assets 108,674 126,996
Less : Depreciation 45,120 53,826
Total Assets 117,414 126,634

Account payable 6,624 8,996

Notes payable 9,000 8,000
Accrued expenses 4,438 5,690
Long term debt 50,000 49,000
Common stock 10,000 10,000
Retained earnings 37,352 44,948
Total Liabilities and Equity 117,414 126,634
 Ummul Qura Bhd
Income Statement for the year ended
31 December 2014 and 2015

2014 (RM) 2015 (RM)

Sales 520,022 493,656
Less : COGS 364,002 353,820
Gross profit 156,000 139,836

Less : Selling expenses 66,978 69,318

Depreciation 5,076 7,824
Other expenses 34,098 34,932
EBIT 49,848 27,762
Less : Interest expenses 6,960 7,824
EBT 42,888 19,938
Less : Taxes 17,154 9,060
Net profit after taxes 25,734 10,878

Based on the above financial statements, prepare

a statement of sources and uses of funds on a
cash basis for Ummul Qura Bhd for year 2015