The following information was extracted from the financial statements of I. Ching (Booksellers) plc for the year to 31 May 2018:

Required:

Prepare a statement of comprehensive income for the year ended 31 May 2018 that is set out in accordance with the requirements of IAS 1 Presentation of Financial Statements.

Transcribed Image Text:

Finance charges Cost of sales Distribution expenses Revenue Administrative expenses Other expenses Gain on revaluation of property, plant and equipment Loss on foreign currency translations on foreign operations Tax on profit for the year Tax on other components of comprehensive income £000 40 460 110 943 212 25 20 15 24 1