Income Statement for the year ended 31 December 2021
Sales
Cost of goods sold Gross profit Operating expenses Interest expense
Net profit before tax Income tax expense Net profit after tax
Basic earnings per share
Panda Company
$’000
770,000 539,100 230,900
46,000 7 ,900 177,000 14,800 162,200
$4.51
Koala Company
$’000
880,200 589,400 290,800
43,100
13,000 234,700 24,300 210,400
$5.11