What is the value for 'Returned on Invested Capital' of the firm below (in the picture) based on the Statement of Financial Position and Statement of Profit or Loss? StatementsOF FINANCIAL POSITIONAs at 31 December 20192019NoteRM'0002019NoteRM'000GroupEquity and liabilitiesGroupEquity attributable to owners of the parentAssetsShare capital285,110,276Non-current assetsMerger relief reserves2834,330Property, plant and equipment11456,056Other reserves29(a)13,671Investment properties12845,611Retained profits29(b)2,127,889Right-of-use assets1328,5291,286,166Land held for property development145,618,794Non-controlling interests33468,332Interests in associates16(a)498,572Total equity1,754,498Interests in joint ventures17(a)1,030,838Amounts due from joint ventures17(b)158,464Non-current liabilitiesGoodwill19621,409Borrowings342,337,883Lease liabilities1319,714Contract assets252,752Payables36170,241Deferred tax assets21282,926Contract liabilities25258,646Long-term receivables24166,052Deferred income37164,1939,710,003Derivative liabilities34Provisions3568,404Current assetsDeferred tax liabilities21238,426Interests in a joint venture17(a)3,257,507Property development costs22877,385Inventories held for sale23(a)546,527Current liabilitiesInventories under contract of sale23(b)408,304Provisions35177,675Receivables24641,741Payables361,083,888Contract assets25175,988Contract liabilities2566,240Amounts due from associates16(b)14,938Borrowings341,048,978Amounts due from joint ventures17(b)38,265Lease liabilities1310,380Derivative asset34Derivative liability34Short term investments27329Тах раyable71,760Cash, bank balances and deposits201,057,4462,458,921Total liabilities5,716,4283,760,923Total assets13,470,926Total equity and liabilities13,470,926 132FINANCIAL STATEMENTSStatementsOF PROFIT OR LOSSFor the financial year ended 31 December 2019Group2019NoteRM'000Revenue32,909,461Cost of sales4(2,112,024)Gross profit797,437Other income75,598Selling and distribution expenses(37,977)Other expenses(364,053)Operating profit5471,005Finance costs6(106,801)Share of results of associates(2,432)Share of results of joint ventures22,756Profit before zakat and income tax384,528Zakat7(2,006)Income tax (expense)/benefit8(159,852)Profit for the year222,670Attributable to:Owners of the parent223,801Non-controlling interests(1,131)222,670Earnings per share attributable to owners of the parent (sen):Basic, for profit for the year104.9Diluted, for profit for the year104.3

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Answered: What is the value for 'Returned on…

What is the value for 'Returned on Invested Capital' of the firm below (in the picture) based on the Statement of Financial Position and Statement of Profit or Loss?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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