Kelompok 26 Biily Lim - 12019000933

Maria Imanuella - 12019000079

PT MAKMUR AND SUBSIDIARY

WORKSHEET - CONSOLIDATED FINANCIAL STATEMENTS
For The Year Ended December 31, 2021
(in Million/000.000)
75% Eliminations Consolidated
Descriptions
PT MAKMUR PT SENTOSA # Dr Cr # F/S
Income Statement
Sales 1200 800 a 260 1740
Income from PT SENTOSA 205 d 205 0
Cost of Sales -540 -420 b 40 260 a -720
20 c
Other operating expenses -290 -80 -370
Noncontrolling interest e 75 -75
Net Income 575 300 575

Retained Earnings Statement

Retained earnings 1/1/20 - PT MAKMUR 365 365
Retained earnings 1/1/20 - PT SENTOSA 180 f 180 0
Net Income 575 300 575
Dividends -300 -100 75 d -300
25 e
Retained Earnings 31/12/20 640 380 640

Balance Sheet
Assets
Cash 170 60 230
Accounts receivable 330 200 30 g 500
Dividends receivable 60 30 h 30
Inventories 120 160 40 b 240
Investment in PT Sentosa 770 c 20 130 d 0
660 f
Land 130 100 230
Building - net 460 200 660
Equipment - net 400 280 680
Goodwill 400
Total Asset 2440 1000 2970
Liabilities & Equity
Liabilities
Accounts Payable 450 200 g 30 620
Dividends Payable 140 40 h 30 150
Other Liabilities 310 80 390
Total 900 320 1160

Noncontrolling interest, 1/1/20 220 f

Noncontrolling interest, 31/12/20 50 e 270

Equity
Common stock 900 300 f 300 900
Retained earnings 31/12/20 640 380 640
Total 1540 680 1810
Total Liabilities and Equity 2440 1000 2970