Solution 14.3
Statement of Equity Changes for year ended 31 May
|
|
Ordinary shares |
Pref Shares |
Share Prem |
FA replace reserve |
General reserve |
Retained /accumulated profit |
Total |
|
|
€ |
|
|
€ |
€ |
€ |
€ |
|
Balance |
3,000,000 |
600,000 |
700,000 |
150,000 |
60,000 |
440,000 |
4,950,000 |
|
Profit after tax |
|
|
|
|
|
820,000 |
820,000 |
|
Dividend |
|
|
|
|
|
(108,000) |
(108,000) |
|
Transf to reserve |
|
|
|
|
50,000 |
(50,000) |
|
|
Balance at |
3,000,000 |
600,000 |
700,000 |
150,000 |
110,000 |
1,102,000 |
5,662,000 |
Current Liabilities (extract) as at 31 May
|
|
€ |
|
Debenture interest |
15,000 |
|
Corporation tax |
80,000 |
|
Preference share dividend |
48,000 |
|
|
|