Document ID: chunk:federal_register_of_legislation:F2024L00708:body:0:p99
Version: federal_register_of_legislation:F2024L00708
Segment Type: other
Provision Reference: 
Character Range: 265003–272788

Consolidated statement of comprehensive income for the period ended 20X2(a)
Sales                                                                                                   30,650
Cost of sales                                                                                           (26,450)
                                                                                                        (26,000)
Gross profit                                                                                            4,200
                                                                                                        4,650
Depreciation                                                                                            (450)
Selling Administrative and selling expenses                                                             (600)(910)
General and administrative expenses                                                                     (310)
Operating profit                                                                                        3,290
Share of profit or loss of associates and joint ventures                                                50
Interest expense                                                                                        (400)
Investment income                                                                                       450500
Foreign exchange loss                                                                                   (40)
Profit before financing and income taxes                                                                3,750
Interest expenses                                                                                       (400)
Foreign exchange loss                                                                                   (40)
Profit before income taxestaxation                                                                      3,350
Income tax expenseTaxes on income                                                                       (300)
Profit/total comprehensive income                                                                       3,050
(a) The entity did not recognise any components of other comprehensive income in the period ended 20X2

Consolidated statement of financial position as at end of 20X2
                                                                            20X2                  20X1
Assets
Current assets
Cash and cash equivalents                                                   230                   160
Trade and other Accounts receivables                                        1,900                 1,200
InventoriesInventory                                                        1,000                 1,950
Non-current assets
Investments in associates and joint ventures                                500                   450
Investments in other financial instruments                                  2,000                 2,050
Portfolio investments                                                       2,500                 2,500
Property, plant and equipment at cost                           3,730                 1,910
Accumulated depreciation                                        (1,450)               (1,060)
                                                                            1,880                 350
Property, plant and equipment net                                           2,280                 850
Intangible assets                                                           400                   500
Total assets                                                                7,910                 6,660

Liabilities
Current liabilities
Trade payables                                                              250                   1,890
Interest payable                                                            230                   100
Income taxes payable                                                        400                   1,000
Non-current liabilities
Long-term debt                                                              2,300                 1,040
Total liabilities                                                           3,180                 4,030

EquityShareholders' equity
Share capital                                                               1,500                 1,250
Retained earnings                                                           3,230                 1,380
Total shareholders' equity                                                  4,730                 2,630
Total liabilities and shareholders' equity                                  7,910                 6,660

Direct method statement of cash flows (paragraph 18(a))
                                                                           20X2
Cash flows from operating activities
Cash receipts from customers                                  30,150
Cash paid to suppliers and employees                          (27,600)
Cash from operating activities before income taxes
Cash generated from operations                                2,550
Interest paid                                                 (270)
Income taxes paid                                             (900)

Net cash from operating activities                                         1,650
                                                                           1,380

Cash flows from investing activities
Acquisition of Subsidiarysubsidiary X, net of cash acquired
(Note A)                                                      (550)
Purchase of property, plant and equipment (Note B)            (350)
Proceeds from sale of equipment                               20
Interest received                                             200
Dividends received                                            200

Net cash used in investing activities                                      (480)

Cash flows from financing activities
Proceeds from issue of share capital                          250
Proceeds from long-term borrowings                            250
Payment of lease liabilities                                  (90)
Interest paid                                                 (270)
Dividends paid(a)                                             (1,200)

Net cash used in financing activities                                      (1,060)
                                                                           (790)

Net increase in cash and cash equivalents                                  110
Cash and cash equivalents at beginning of period (Note C)                  120
Cash and cash equivalents at end of period (Note C)                        230
(a) This could also be shown as an operating cash flow.

Indirect method statement of cash flows (paragraph 18(b))
                                                                                                                         20X2
Cash flows from operating activities
Operating profit                                              3,290
Profit before taxation                                        3,350
Adjustments for:
                                                              Depreciation                             350450
                                                              Amortisation                             100
                                                              Foreign exchange loss                    40
                                                              Investment income                        (500)
                                                              Interest expense                         400
Operating profit before depreciation and amortisation         3,740