The following are the financial statements of Persona Ltd for last year and this year: Turnover Income

The following are the financial statements of Persona Ltd for last year and this year:

Transcribed Image Text:

Turnover Income statement for the year ended 31 December Last year 000 Cost of sales Gross profit Operating expenses Operating profit Interest payable Profit before taxation Taxation Profit for the year ASSETS Non-current assets Current assets Inventories Trade receivables Cash Total assets EQUITY AND LIABILITIES Equity 499 (335) 164 Ordinary shares of 0.50 each Capital reserves Retained earnings (127) 37 Statement of financial position as at 31 December Last year 000 110 (13) 24 (8) 16 68 80 6 154 264 13 33 84 130 This year 000 602 (423) 179 (148) 31 (22) 9 6 This year 000 125 83 96 2 181 306 13 33 84 130