Statement of Profit or Loss for Guinness Ghana Ltd 2019 GH¢’000 2018 GH¢’000 2017 GH¢’000 Revenue from contracts with customers 684,979 623,102 587,447 Cost of

Statement of Profit or Loss for Guinness Ghana Ltd 2019 GH¢’000 2018 GH¢’000 2017 GH¢’000 Revenue from contracts with customers 684,979 623,102 587,447 Cost of sales (511,023) (464,781) (437,111) Gross profit 173,956 158,321 150,336 Advertising and marketing        expenses (16,324) (21,773) (36,826) Administrative expenses (93,348) (76,491) (61,406) Other expenses (13,292) (8,876) (10,859) Impairment charges on financial assets (1,110) – – Other income 1,284 612 Profit from operating expenses 49,882 52,465 41,857 Finance income 2,245 2,357 443 Finance cost (19,579) (19,392) (30,724) Profit before income tax 32,548 35,430 11,576 Income tax expense (12,938) (9,226) (4,662) National fiscal stabilisation levy (1,564) (2,349) – Profit for the year 18,046 23,855 6,914 Other comprehensive income Items that are not subsequently reclassified to profit or loss: Actuarial gain (loss) on defined benefit obligations, net of tax 535 (163) (222) Other comprehensive income/ (loss) 535 (163) (222) Total comprehensive income for the year 18,581 23,692 6,692 Basic earnings per share GH¢ 0.059 GH¢ 0.078 GH¢ 0.022 Diluted earnings per share GH¢ 0.059 GH¢ 0.078 GH¢ 0.022 Statement of Financial Position for Guiness Ghana ASSETS 2019 GH¢’000 2018 GH¢’000 2017 GH¢’000 Property, plant and equipment 418,655 373,208 363,348 Intangible assets 2,716 3,116 3,610 Total non-current assets 421,371 376,324 366,958 Inventories 118,124 81,914 79,785 Trade receivables 42,637 30,822 23,070 Other financial assets at amortised cost 1,352 – – Amounts due from related parties 13,440 6,666 2,711 Other assets 6,689 5,602 – Current income tax assets 1,614 3,024 2804 Cash and bank balances 53,241 62,836 52,579 Total current assets 237,097 190,864 160,949 Total assets 658,468 567,188 527,907 EQUITY AND LIABILITIES Stated capital 272,879 272,879 272,879 Income surplus account 28,280 21,762 (1,930) Total equity 301,159 294,641 270,949 Deferred tax liabilities 26,964 23,115 13,933 Obligations under finance lease 7,474 10,575 12,105 Borrowings 109,313 108,991 109,999 Employee benefit obligations 3,263 2,145 1771 Total non-current liabilities 147,014 144,826 137,808 Bank overdrafts 28,723 – 7 Obligations under finance lease 7,466 8,211 9,117 Trade and other payables 161,816 105,069 91,096 Amounts due to related parties 11,527 13,725 18,772 Provisions 763 716 158 Total current liabilities 210,295 127,721 119,150 Total liabilities 357,309 272,547 256,958 Total equity and liabilities 658,468 567,188 527,907 Required: Prepare common size statements for the three most years and comments using excel

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