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The financial statements of single entities

1.3 Proforma statement of profit or loss and other comprehensive income

Statement of comprehensive income of ABC for the Year Ended
$000
Revenue X
Cost of sales (X)
—–
Gross profit X

Operating expenses (e.g. rent, power, telephone, etc.) (X)
—–
Operating profit X
Investment income X
Finance cost (X)
—–
Profit before tax X
Income tax (X)
—–
Profit for the period X
Other comprehensive income:
Surplus on property revaluation in the year X
—–
Total comprehensive income for the period X

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