Page 354 - Microsoft Word - 00 CIMA F1 Prelims STUDENT 2018.docx

Chapter 20

Zebedee consolidated statement of profit or loss and other
comprehensive income for the year ended 31 December 20X0

Zebedee Xavier Adjustments Consolidated
$000 $000 $000 $000
Revenue 1,260 520 (84) 1,696
Cost of sales (420) (210) 84 (558)
– PUP (W2) (12) –––––
Gross profit 1,138
Distribution costs (180) (60) (240)
Administrative expenses (120) (90) (210)
–––––
Profit from operations 688
Investment income 36 –
– intra-group dividend (36)
Taxation (130) (26) (156)
–––––
Profit for the year 532
Other comprehensive
Income – – –
–––––
Total comprehensive income 532
–––––
Amount attributable to:
Non-controlling interests
–
Parent shareholders 532
–––––
532
–––––

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