8/17/2019 Hyperinflation - Seatwork (Integrated Company)

1/6

Integrated Company

Comparative Statement of Financial Position

Restated in terms of December 31, 201 c!rrent pesos

 Historical

Cash and cash equivalents 1,050,000

Accounts receivables 1,400,000

Allowance for doubtful accounts (40,000)

NM nventor! 1,"50,000

NM #qui$%ent 1,000,000

NM Accu%ulated &e$reciation (450,000)

NM 'and 00,000

 otal Assets 5,410,000

Current 'iabilities *50,000

Noncurrent liabilities 1,100,000

NM +hare Ca$ital ,500,000

-etained #arnin.s 1,4"0,000

 otal 'iabilit! and #quit! 5,410,000

Integrated Company

Statement of Income and Retained #arnings

 $ear #nded Decmber 31, 201"

Restated to December 31, 201 c!rrent pesos

Historical /raction

+ales 5,50,000 15

Cost of +ales

1,500,000

2urchases *,000,000 1

 3A+ 4,500,000

# (1,"50,000) 1

C+ ,50,000

3ross nco%e ,"0,000

#6$enses7

Ad%in 1,00,000 15

&e$reciation 50,000

'oss on 2urchasin. 2ower

 otal 1,**0,000

N 1,*40,000

'ess7 nc a6 40,000 1

8/17/2019 Hyperinflation - Seatwork (Integrated Company)

2/6

%et Income &3',000

-#, be. 00,000

 otal 1,"*,000

'ess7 &ividends 2aid (4,000)

-#,end 1,*80,000

1,4"0,000

(0,000)  variance

8/17/2019 Hyperinflation - Seatwork (Integrated Company)

3/6

December 31 201"

/raction -estated

  1,050,000

1,400,000

,410,000 (40,000)

150000 ,0",500

0000 ,000,000

0000 (800,000)

0000 1,"00,000

,1,500

*50,000

1,450,000 1,100,000

5 ",50,000 ,00,000

(5,500)

  ,1,500

-estated

  ",800,000

,500,000

*,50,000

",50,000

(,0",500)

  4,1,500

,1,500

1,*50,000

500,000

10(,2"0

1,85",50

5",50

50,500

8/17/2019 Hyperinflation - Seatwork (Integrated Company)

4/6

  2"3,)"0

(*8*,50)

  (140,000)

  (*,500)

  (5,500)

8/17/2019 Hyperinflation - Seatwork (Integrated Company)

5/6

December 31 201

Historical /raction -estated

  50,000 1" 1,11,5

1,50,000 1" 1,85*,15

(*0,000) 1" (4",5) *,0,15

1,500,000 1 ,500,000

1,000,000 0 ,000,000

(00,000) 0 (400,000)

  00,000 0 1,"00,000

5,00,000 ,,15

*00,000 15"5 4",50

1,50,000 15"5 ,45*,15 ,81,5

,500,000 5 ",50,000 8,11,5

00,000 (*8*,50)

  5,00,000 ,,15

Net MA, be. -estated 15",50

ncrease in MA, -estated 9 +ales ",800,000

,05",50

&ecrease in MA, -estated

2urchases *,50,000

Ad%in 1,*50,000

nco%e a6 50,500

&ividends *,500 5,880,000

NMA, 015 -estated 1,0"",50

NMA, 015 Historical Cost   8"0,000

*oss on p!rc+asing poer 10(,2"0

8/17/2019 Hyperinflation - Seatwork (Integrated Company)

6/6