I prepared SPL
Statement of Profit or loss
Revenue
Cost of sales (W1)
Gross profit
Adminstrative expense
Distribution cost
Investment income
Finance cost (W3)
Operating profit
Income tax expense
Net profit for the year
Other comprehensive income:
Gain on revaluation
Total other comprehensive income:
$'-
-
-6300
-
-
-
W1
Balance
$'-
R & D cost
4600
Depreciation (W2)
-
W2
Property depreciation
1900
PE depreciation
-
W3
Year
BF
$'000
1
19500
Interest rate 8% Coupon rate 5%
$'000
$'-
-1000
CF
$'-