Page 373 - Microsoft Word - 00 CIMA F1 Prelims STUDENT 2018.docx

Analysis of financial performance and position

Example 19.1 cont'd

Statement of financial position as at the year ended 30 June 20X6 and
20X5
20X6 20X5
Non-current assets $000 $000
Property, plant and equipment 665 475
Investment in associate 625 –
Other financial assets 78 43
––––– –––––
1,368 518
Current assets
Inventory 38 30
Receivables 123 93
Cash and cash equivalents – 3
161 126
––––– –––––
1,529 644
––––– –––––
Equity
Share capital 30 25
Share premium 13 10
Revaluation reserve 75 –
Available for sale reserve 53 18
Retained earnings 274 197
––––– –––––
Total equity 445 250
Non-current liabilities
Long term borrowings 938 275
Deferred tax 35 38
–––– ––––
973 313
Current liabilities
Trade payables 30 28
Overdraft 23 –
Taxation 33 28
Provisions 25 25
–––– ––––
111 81
––––– –––––
1,529 644
––––– –––––

365