Professional Documents
Culture Documents
$000S $000S
Revenue 124,600
Cost of sales (33,500)
Gross Profit 91,100
Admin expenses (6,000)
Selling and Dist costs (9,700)
Operating profit 75,400
Finance charges (3,000)
Investment income 2,500
Profit before tax 74,900
Income tax expense (7,000)
Profit for the year 67,900
Other Comp Income
Gain on revaluation of land 8,000
Total comp income 75,900
W1.Cost of sales
Opening inventory 8000
Purchases 39000
Clos inventory -21500
Dep of buildings 3000
Dep of plant and machinery 5000
total 33500