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  • Income Statements

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    Zeeshan Adeel
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    The income statement for Dawood Hercules Chemicals Ltd. for 2005-2006 shows that the company's sales increased from 2005 to 2006 but costs also increased, leading to a higher gross profit but lower operating profit. While other income increased, other expenses also grew substantially. Ultimately, the company's profit after taxation was lower in 2006 than 2005 despite higher total sales, due to increased costs and expenses cutting into gross and operating profits.

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    The income statement for Dawood Hercules Chemicals Ltd. for 2005-2006 shows that the company's sales increased from 2005 to 2006 but costs also increased, leading to a higher gross profit but lower operating profit. While other income increased, other expenses also grew substantially. Ultimately, the company's profit after taxation was lower in 2006 than 2005 despite higher total sales, due to increased costs and expenses cutting into gross and operating profits.

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    Attribution Non-Commercial (BY-NC)
    Скачайте в формате DOC, PDF, TXT или читайте онлайн в Scribd
    Отметить как неприемлемый контент
    58 просмотров1 страница

    Income Statements

    Загружено:

    Zeeshan Adeel
    The income statement for Dawood Hercules Chemicals Ltd. for 2005-2006 shows that the company's sales increased from 2005 to 2006 but costs also increased, leading to a higher gross profit but lower operating profit. While other income increased, other expenses also grew substantially. Ultimately, the company's profit after taxation was lower in 2006 than 2005 despite higher total sales, due to increased costs and expenses cutting into gross and operating profits.

    Авторское право:

    Attribution Non-Commercial (BY-NC)
    Скачайте в формате DOC, PDF, TXT или читайте онлайн в Scribd
    Отметить как неприемлемый контент
    из 1

    INCOME STATEMENT

    Dawood Hercules Chemicals Ltd.


    2005—06
    Particulars 2005 2006
    329054734 388174969
    Sales-net 2 5
    203060339 257024616
    Cost of goods sold 0 7
    125994395 131150352
    Gross Profit 2 8
    Sselling and admin expenses 202522869 236129083
    105742108 107537444
    Operating Profit 3 5
    Finance Cost 258059216 555469279
    177577736 104726040
    Other Income 4 6
    Other Operating Expensees 56501043 70508258

    Profit before taxation and share from 251863818 149665731


    association 8 4
    104932619 109292653
    Share of profit from associate 8 8
    356796438 258958385
    Profit before taxation 6 2
    Provision for taxation 332600000 212200000
    Share of profitn from Associate 367419431 323177058
    286794495 205420679
    Profit after taxation 5 4

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