Question

The accounting records of Food Complex Ltd., a publicly listed company, showed the amounts below for the year ended 31 January 20X7, in millions of Canadian dollars. The company had 50 million common shares outstanding throughout the fiscal year. U.S. 5 (127) Total (1,578) Retail Wholesale 5 (790) $ (351) 2 60174 83 68 36 54 Dairy S (145) 52 37 28 Bakery S (165) 58 35 33 42 47 265 198 Dr./(r) Sales revenue Cost of inventory expensed Employee cost - Other operating expense Restructuring cost Gain on sale of marketable securities Interest expense Depreciation expense General advertising expense General corporation administrative expense Loss on discontinued operation Loss on translation of U.S. subsidiary (OCI) Income tax expense (including $5 tax recovery on discontinued operation) (17) 116 32 Required: 1. Prepare the SCI by nature of income and expense. (Round intermediate and "Earnings per share" answers to 2 decimal place. Enter answers in millions, not in whole Canadian dollar.) FOOD COMPLEX LIMITED Statement of Comprehensive Income Year ended 31st January, 20X7 (in millions of Canadian dollars, except per share amounts) Income

Answer 1

Roshree Food complex Limited statement of comphrenshive Income year ended 31st March, 2017 Cin millions of Canadian dollars Esecent fer share amount) Note Amt. Ant. No Revenue of Income: 1528 Revenue from Operation 1595 other Income 1595 Total Income (A) Expenses 1 Sost of Material consum 265 12. 544 292 2 Employee Benifit Expenses 3 Finance Cests 4) Depreciation and amortis -ation Expense s other expenses Total Ennenses (6) Prokit Before Tax CA - B). Less : Tan Paid (40-5) Prefit ofter Tax earning Per share : o continuing eneration 2 Discontinued Onerations 14 Earning Lek share (Total) (1234) 4234) 361 35) 326 6.52 5.32 11:84

- Rajshree PAGE NO DATE Note : other Income Amt Marketable Crain on sale of securities Total 12 Amt 198 Note 2 : Other Expenses d Other Operating Expense 2) Creneral Adurtising Enprense 3) Creveral corn oration adminis L-trative expense Total 292 Blote 3: Earring Per share for continuing pont 1326 operations nemt. profit Tast so : No of the after Total 6.92 6.52

Discontinued 10) Note 4? Carring Per share For Operation Amt Profit After 326 Tan Less ; ) Loss an decontinued (41) Operation (2) Loss on translation of - us. Sulesidaries 3) Restructing lost Profit ppter discontinued of apperation è Number of shares Earning Per share 266 266 50 5.32