Page 264 - F3 -FA Integrated Workbook STUDENT 2018-19
P. 264
Chapter 19
Example 1
Statement of cash flows
Spring Co – Statement of profit or loss and other comprehensive income for
the year ended 30 June 20X5:
$000
Revenue
Property, plant and equipment 108,050
Cost of sales (82,300)
———
Gross profit 25,750
Distribution costs (4,500)
Administration expenses (3,000)
Profit on disposal of plant and equipment 1,500
Finance costs (1,000)
———
Profit before tax 18,750
Income tax expense (3,750)
———
Profit for the year 15,000
Other comprehensive income:
Revaluation surplus on property, plant and equipment 3,000
———
Total comprehensive income for the year 18,000
———
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