Question: Prepare the supplementary income statement for 2018 by applying CPP approach. Use the following index: Opening 100 Closing 200 Average: 160 Al-Buraimi Hotel SAOG Statement

Prepare the supplementary income statement for 2018 by applying CPP approach.
Use the following index: Opening 100 Closing 200 Average: 160

Al-Buraimi Hotel SAOG Statement of profit or loss and other comprehensive income for the year ended 31 December 2018 Notes 16 17 18 19 6 Revenue from operations Cost of operations Gross profit Other income General and administrative expenses Depreciation Profit from operations Finance cost Profit before tax Income tax expense Profit for the year Other comprehensive income for the year Total comprehensive income for the year Basic and dilutive earning per share (RO/Share) 2018 RO 528,968 (273,199) 255,769 40,745 (186,711) (18,977) 90,826 (10,775) 80,051 2017 RO 908,506 (628,898) 279,608 97,493 (231,015) (109,566) 36,520 (10,193) 26,327 20 21(a) 80,051 26,327 80,051 0.022 26,327 0.007 22

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