INCOME TAX 2017 R000 2016 R000. IAS 1 was reissued in September 2007 and applies to annual periods beginning on or after 1 January 2009. A statement of changes in equity for the period. 85 Income tax expense 495000 Must be separately disclosed IAS 1 para. 121250 96000 Loss for the year from discontinued operations 30500 PROFIT FOR THE YEAR. Respect of operating segments see Note 6 and EPS see statement of profit or loss and OCI and Note 11 apply only if the parent. 50 000 20 000 40 000 4 000 Profit for the year 30 000 36 000. The amount of income tax relating to each component of other comprehensive income. Profit before tax 36000 Taxation J5 18000 Profit after tax 18000 Other comprehensive income Gain loss on revaluation J2 20000 Other comprehensive income 20000 Total comprehensive income 38000 MOON PLC Statement of Changes in equity For the year ended 30 September 2010 Share Capital Share premium Revaluation surplus Retained. A domestic or foreign stock exchange or an over-the-counter market.
Among the potential issues are whether subtotals of IFRS numbers such as EBIT earnings before interest and tax and EBITDA earnings before interest tax depreciation and amortisation should be acknowledged in IAS 1.
It also describes further items that may be presented either in the relevant financial statement or in the notes. A statement of changes in equity for the period. Has debt or equity instruments operating segments or ordinary shares potential ordinary shares EPS that are traded in a public market ie. The amount of income tax relating to each component of other comprehensive income. PROFIT BEFORE INCOME TAX 2017 R000 2016 R000 The following items have been taken into account in determining profit before income tax. Or before tax with one amount shown for the aggregate amount of income tax.
AFS assets X Revaluation X These are analysed into amounts OCI before tax X attributable to owners of the parent and to the NCI Tax relating to OCI X OCI after tax. Profit before tax 1650000 IAS 1 does not specify this line although para. The standard requires a complete set of financial statements to comprise a statement of financial position a statement of profit or loss and other comprehensive income a statement of changes in equity and a statement of cash flows. 85 Income tax expense 495000 Must be separately disclosed IAS 1 para. See the section on OCI below for more discussion on this subject. Consulting fees 402 395 Directors emoluments refer note 11 165 JSE listing fees and other related costs 502 653 2. 82d Profit for the year 1155000 IAS 1 para. The companys capital structure at 31 December is. Among the potential issues are whether subtotals of IFRS numbers such as EBIT earnings before interest and tax and EBITDA earnings before interest tax depreciation and amortisation should be acknowledged in IAS 1. D Limiteds profit for the year ended 31 December is as follows.
IAS 1 was reissued in September 2007 and applies to annual periods beginning on or after 1 January 2009. IG1 IAS 1 sets out the components of financial statements and minimum requirements for disclosure in the statements of financial position profit or loss and other comprehensive income and changes in equity. 161667 128000 Income tax expense 40417 32000 Profit for the year from continuing operations. Information to be presented in the profit or loss section or the statement of profit or loss IAS 1 provides a list of items that must be presented. IAS 1 allows two approaches in presenting profit or loss PL and other comprehensive income OCI. IAS 1 allows an entity to present a single combined statement of profit and loss and other comprehensive income or two separate statements. The low tax charge in 2014 is ascribed to the assessed loss of R30 000 brought forward from 2013. INCOME TAX 2017 R000 2016 R000. Items that will not be reclassified to profit or loss. 82d Profit for the year 1155000 IAS 1 para.
See the section on OCI below for more discussion on this subject. 81Aa Other comprehensive income IAS 1 para. The Feedback statement said the following on totals and subtotals. Has debt or equity instruments operating segments or ordinary shares potential ordinary shares EPS that are traded in a public market ie. Or before tax with one amount shown for the aggregate amount of income tax. AFS assets X Revaluation X These are analysed into amounts OCI before tax X attributable to owners of the parent and to the NCI Tax relating to OCI X OCI after tax. Consulting fees 402 395 Directors emoluments refer note 11 165 JSE listing fees and other related costs 502 653 2. The companys capital structure at 31 December is. Profit before tax 36000 Taxation J5 18000 Profit after tax 18000 Other comprehensive income Gain loss on revaluation J2 20000 Other comprehensive income 20000 Total comprehensive income 38000 MOON PLC Statement of Changes in equity For the year ended 30 September 2010 Share Capital Share premium Revaluation surplus Retained. A domestic or foreign stock exchange or an over-the-counter market.
Entities can either present one statement that will include both PL and OCI or they can have separate statements for PL and OCI IAS 181A-B. Of the statement of profit or loss or in the notes. It also describes further items that may be presented either in the relevant financial statement or in the notes. A statement of changes in equity for the period. Respect of operating segments see Note 6 and EPS see statement of profit or loss and OCI and Note 11 apply only if the parent. AFS assets X Revaluation X These are analysed into amounts OCI before tax X attributable to owners of the parent and to the NCI Tax relating to OCI X OCI after tax. 50 000 20 000 40 000 4 000 Profit for the year 30 000 36 000. Among the potential issues are whether subtotals of IFRS numbers such as EBIT earnings before interest and tax and EBITDA earnings before interest tax depreciation and amortisation should be acknowledged in IAS 1. 161667 128000 Income tax expense 40417 32000 Profit for the year from continuing operations. IAS 1 allows an entity to present a single combined statement of profit and loss and other comprehensive income or two separate statements.
IAS 1 Additional Practice Questions 19 QUESTION 01 Petra. Profit before tax 2075 Income tax expense note vi 55 Profit for the period 2020 Statement of financial position as at 31 March 2005 000 000 Property plant and equipment note. A domestic or foreign stock exchange or an over-the-counter market. IAS 1 Statement of Profit or Loss and other Comprehensive Income The amount of income tax relating to each component of other comprehensive income must be disclosed either in the statement of profit or loss and other comprehensive income or in the notes Components of other comprehensive income may be presented either. 50 000 20 000 40 000 4 000 Profit for the year 30 000 36 000. Items that will not be reclassified to profit or loss. A statement of changes in equity for the period. IAS 1 allows two approaches in presenting profit or loss PL and other comprehensive income OCI. See the section on OCI below for more discussion on this subject. A statement of cash flows for the period.
