(21,818) (23,306) Distribution costs (52,629) (39,703) Administration expenses (11,187) (7,929) Finance costs 25,918 55,290 Profit before tax (4,188) (6,087) Тах еxpense 21,730 49,203 Profit for the year (5,500) (5,500) Dividend (10,000) 6,230 Transfer to general reserves 43,703 Retained earnings for the year Retained earnings brought forward 49,807 6,104 Retained earnings carried forward 56,037 49,807 Avartar Sdn. Bhd Statement of financial position as at 31 March 2019 RM'000 2018 RM'000 Non-current assets Property, plant and equipment Total non-current assets 342,482 342,482 222,648 222,648 Current assets Inventories Trade receivables Cash and bank balances 133,833 206,075 34,111 374,019 716,501 98,620 199,012 33,475 331,107 553,755 Total current assets Total assets Equity and reserves Share capital (Ordinary shares of RM1 each) Retained earnings General reserve Total equity 300,000 56,037 10,000 366,037 170,000 49,807 219,807 Non-current liabilities Term loans Irredeemable convertible unsecured loan stocks Total non-current liabilities 76,307 68,711 145,018 27,979 50,922 78,901 Current liabilities Trade payables Dividend payable Tax liabilities 250,621 201,439 3,000 1,007 205,446 350,464 4,426 255,047 333,948 Total current liabilities Total liabilities
(21,818) (23,306) Distribution costs (52,629) (39,703) Administration expenses (11,187) (7,929) Finance costs 25,918 55,290 Profit before tax (4,188) (6,087) Тах еxpense 21,730 49,203 Profit for the year (5,500) (5,500) Dividend (10,000) 6,230 Transfer to general reserves 43,703 Retained earnings for the year Retained earnings brought forward 49,807 6,104 Retained earnings carried forward 56,037 49,807 Avartar Sdn. Bhd Statement of financial position as at 31 March 2019 RM'000 2018 RM'000 Non-current assets Property, plant and equipment Total non-current assets 342,482 342,482 222,648 222,648 Current assets Inventories Trade receivables Cash and bank balances 133,833 206,075 34,111 374,019 716,501 98,620 199,012 33,475 331,107 553,755 Total current assets Total assets Equity and reserves Share capital (Ordinary shares of RM1 each) Retained earnings General reserve Total equity 300,000 56,037 10,000 366,037 170,000 49,807 219,807 Non-current liabilities Term loans Irredeemable convertible unsecured loan stocks Total non-current liabilities 76,307 68,711 145,018 27,979 50,922 78,901 Current liabilities Trade payables Dividend payable Tax liabilities 250,621 201,439 3,000 1,007 205,446 350,464 4,426 255,047 333,948 Total current liabilities Total liabilities
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
100%
Please answer probably:
Calculate the following ratios for Avartar Sdn. Bhd. for years ended 31 March 2019 and 31 March2018 :
16)dividend cover
17) Price/earning ratio (share price in 2019 and 2018 is Rm 1.57 and Rm 2.09 respectively);
18) Dividend yield ( share prices after declaration or dividend in 2019 and 2018 are Rm1.35 and Rm1.80 respectively); and
19)Earnings yield (use market price per note 17)
Please answer in detail. THANKSSSS
Transcribed Image Text:Question 2
The financial statements of Avartar Sdn. Bhd., a limited company, for the years ended 31 March 2019
and 2018 are summarised below. The Company is principally involved in the manufacturing and sales
of latex gloves.
Avatar Sdn. Bhd.
Statement of profit or loss for the years ended 31 March
2019
2018
RM'000
RM'000
Revenue
757,773
691,034
Cost of sales
(663,139)
(589,012)
Gross profit
94,634
102,022
Other income
16,918
24,206
Transcribed Image Text:(21,818)
(23,306)
Distribution costs
(52,629)
(39,703)
Administration expenses
(11,187)
(7,929)
Finance costs
25,918
55,290
Profit before tax
(4,188)
(6,087)
Тах еxpense
21,730
49,203
Profit for the year
(5,500)
(5,500)
Dividend
Transfer to general reserves
(10,000)
Retained earnings for the year
6,230
43,703
Retained earnings brought forward
49,807
6,104
Retained earnings carried forward
56,037
49,807
Avartar Sdn. Bhd
Statement of financial position as at 31 March
2019
RM'000
2018
RM'000
Non-current assets
Property, plant and equipment
Total non-current assets
342,482
342,482
222,648
222,648
Current assets
Inventories
Trade receivables
Cash and bank balances
133,833
206,075
34,111
374,019
716,501
98,620
199,012
33,475
331,107
553,755
Total current assets
Total assets
Equity and reserves
Share capital (Ordinary shares of RM1 each)
Retained earnings
General reserve
Total equity
300,000
56,037
10,000
366,037
170,000
49,807
219,807
Non-current liabilities
Term loans
Irredeemable convertible unsecured loan stocks
76,307
68,711
145,018
27,979
50,922
78,901
Total non-current liabilities
Current liabilities
Trade payables
Dividend payable
Tax liabilities
250,621
201,439
3,000
1,007
205,446
4,426
255,047
333,948
Total current liabilities
350,464
Total liabilities
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