Mr. D.I.Y. Group (M) Berhad's (Mr. D.I.Y.) annual report for the fiscal year ending 2022 is...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Mr. D.I.Y. Group (M) Berhad's (Mr. D.I.Y.) annual report for the fiscal year ending 2022 is available at https://mrdiy.listedcompany.com/misc/ar/MRDIY AR2022.pdf (Group) (At least two years of comparable financial statements are required.) a) N) v) D i) (s) D Assess Mr. D.I.Y.'s financial position for year 2021 and 2022 according to liquidity position, and how the liquidity position has changed over time. calcate (6 marks) asset management position, and how its asset management efficiency has changed over time. (6 marks) debt management position, and how its debt management has changed over time. (6 marks) profitability ratios, and how its profitability position has changed over time. (6 marks) market value ratios, and how its valuation has changed over time. (6 marks) STATEMENTS AS AT 31 DECEMBER 2022 ASSETS Non-current assets Property, plant and equipment Intangible assets Right-of-use assets Investments in subsidiaries Investment in an associate Other receivables Deferred tax assets Current assets Inventories Trade and other receivables Current tax assets Cash and bank balances TOTAL ASSETS EQUITY AND LIABILITIES Equity attributable to owners of the Company Share capital Reserves TOTAL EQUITY LIABILITIES Non-current liabilities Borrowings OF FINANCIAL POSITION Lease liabilities Provision for restoration costs Deferred tax liabilities Current liabilities Trade and other payables Borrowings Lease liabilities Provision for restoration costs Current tax liabilities TOTAL LIABILITIES TOTAL EQUITY AND LIABILITIES Note 6 (7 19 10 13 11 12 14 15 16 17 8 20 11 17 8 20 2022 RM 000 682.325 6.959 1231459 9.867 17.064 1947.674 1.099,725 134.333 1,023 137.843 1.375,924 3.323,598 316,689 1.116.168 1.432,857 11,819 1.129,083 20.344 8,839 1.170,085 173,488 318,470 178,337 437 49,924 720,666 1,690,741 3,323,598 Group 2021 RM'000 531.225 6.202 1.057.294 7.893 13.716 1.616.330 748.938 140.274 2,407 192.650 1.084.269 2.700.599 303.412 845.780 1.149.192 16.191 968.549 20 140 8.148 1013028 149.839 102 155 147 20G 644 48.472 538.370 1551.407 2.700.699 2022 RM'000 184,345 1,620 102,061 288,026 84,964 41.540 126,504 414.530 316.689 96,684 413.373 Company N 2021 RM'000 181,051 1.620 90,041 272,712 33,194 74,896 108.090 380.802 303.412 16.094 379.508 bor 789 SEMASAMALYA STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022 Revenue Cost of sales Gross profit Other operating income Administrative expenses Other operating expenses Profit from operations Finance costs Share of profit of an associate, net of tax Profit before tax Income tax expense Profit for the financial year, attributable to the owners of the Company Other comprehensive income Items that may be reclassified subsequently to profit or loss Gain on foreign currency translation Other comprehensive income, net of tax Total comprehensive income, attributable to the owners of the Company Earnings per share attributable to the owners of the Company (sen) Basic Diluted Note 23 24 25 26 28 29 29 2022 RM'000 3,985,842 (2,338,633) 1,647,209 23,506 (151,161) (818,895) 700,659 (63,319) 4,025 641,365 (168,416) 472,949 968 968 473,917 5.02 5.00 Group 2021 RM'000 3,373,408 (1,981,500) 1,391,908 23,046 (117,102) (652,931) 644,921 (60,631) 2,117 586,407 (154,580) 431,827 169 169 431,996 4.59 4.57 Company 2022 RM'000 222,551 - 222,551 4,969 (2,314) (4) 225,202 225,202 (1,083) 224,119 224,119 2021 RM'000 119,937 119,937 3,521 (3,504) (6) 119,948 119,948 (854) 119,094 119,094 The total weighted average number of ordinary shares in issue as at 31 December 2021 had been adjusted retrospectively to reflect the Bonus Issue, which was completed on 24 June 2022 as disclosed in Note 15 to the financial statements. Mr. D.I.Y. Group (M) Berhad's (Mr. D.I.Y.) annual report for the fiscal year ending 2022 is available at https://mrdiy.listedcompany.com/misc/ar/MRDIY AR2022.pdf (Group) (At least two years of comparable financial statements are required.) a) N) v) D i) (s) D Assess Mr. D.I.Y.'s financial position for year 2021 and 2022 according to liquidity position, and how the liquidity position has changed over time. calcate (6 marks) asset management position, and how its asset management efficiency has changed over time. (6 marks) debt management position, and how its debt management has changed over time. (6 marks) profitability ratios, and how its profitability position has changed over time. (6 marks) market value ratios, and how its valuation has changed over time. (6 marks) STATEMENTS AS AT 31 DECEMBER 2022 ASSETS Non-current assets Property, plant and equipment Intangible assets Right-of-use assets Investments in subsidiaries Investment in an associate Other receivables Deferred tax assets Current assets Inventories Trade and other receivables Current tax assets Cash and bank balances TOTAL ASSETS EQUITY AND LIABILITIES Equity attributable to owners of the Company Share capital Reserves TOTAL EQUITY LIABILITIES Non-current liabilities Borrowings OF FINANCIAL POSITION Lease liabilities Provision for restoration costs Deferred tax liabilities Current liabilities Trade and other payables Borrowings Lease liabilities Provision for restoration costs Current tax liabilities TOTAL LIABILITIES TOTAL EQUITY AND LIABILITIES Note 6 (7 19 10 13 11 12 14 15 16 17 8 20 11 17 8 20 2022 RM 000 682.325 6.959 1231459 9.867 17.064 1947.674 1.099,725 134.333 1,023 137.843 1.375,924 3.323,598 316,689 1.116.168 1.432,857 11,819 1.129,083 20.344 8,839 1.170,085 173,488 318,470 178,337 437 49,924 720,666 1,690,741 3,323,598 Group 2021 RM'000 531.225 6.202 1.057.294 7.893 13.716 1.616.330 748.938 140.274 2,407 192.650 1.084.269 2.700.599 303.412 845.780 1.149.192 16.191 968.549 20 140 8.148 1013028 149.839 102 155 147 20G 644 48.472 538.370 1551.407 2.700.699 2022 RM'000 184,345 1,620 102,061 288,026 84,964 41.540 126,504 414.530 316.689 96,684 413.373 Company N 2021 RM'000 181,051 1.620 90,041 272,712 33,194 74,896 108.090 380.802 303.412 16.094 379.508 bor 789 SEMASAMALYA STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022 Revenue Cost of sales Gross profit Other operating income Administrative expenses Other operating expenses Profit from operations Finance costs Share of profit of an associate, net of tax Profit before tax Income tax expense Profit for the financial year, attributable to the owners of the Company Other comprehensive income Items that may be reclassified subsequently to profit or loss Gain on foreign currency translation Other comprehensive income, net of tax Total comprehensive income, attributable to the owners of the Company Earnings per share attributable to the owners of the Company (sen) Basic Diluted Note 23 24 25 26 28 29 29 2022 RM'000 3,985,842 (2,338,633) 1,647,209 23,506 (151,161) (818,895) 700,659 (63,319) 4,025 641,365 (168,416) 472,949 968 968 473,917 5.02 5.00 Group 2021 RM'000 3,373,408 (1,981,500) 1,391,908 23,046 (117,102) (652,931) 644,921 (60,631) 2,117 586,407 (154,580) 431,827 169 169 431,996 4.59 4.57 Company 2022 RM'000 222,551 - 222,551 4,969 (2,314) (4) 225,202 225,202 (1,083) 224,119 224,119 2021 RM'000 119,937 119,937 3,521 (3,504) (6) 119,948 119,948 (854) 119,094 119,094 The total weighted average number of ordinary shares in issue as at 31 December 2021 had been adjusted retrospectively to reflect the Bonus Issue, which was completed on 24 June 2022 as disclosed in Note 15 to the financial statements.
Expert Answer:
Answer rating: 100% (QA)
To assess Mr DIYs financial position for the fiscal years ending 2021 and 2022 we will analyze the companys liquidity position asset management effici... View the full answer
Related Book For
Management Accounting
ISBN: 978-0132570848
6th Canadian edition
Authors: Charles T. Horngren, Gary L. Sundem, William O. Stratton, Phillip Beaulieu
Posted Date:
Students also viewed these finance questions
-
You invest $1,000 in a project today. The project will generate a one-time cash flow of $1,956 five years from now. If the interest rate is 3%, what is the Net Present Value of the project? (Round to...
-
Operation carried out in Thermal power station?
-
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
-
In Problem 3.67 on page 135, you were introduced to a tea-bag-filling operation. An important quality characteristic of interest for this process is the weight of the tea in the individual bags. The...
-
Continue with the facts of Question 4. Cheap Phones, one of Josie's customers who is facing tight cash flow problems, wants to return about 100 defective cell phones. Talk2Me tells Josie to bring the...
-
Under the common law, what would each plaintiff be required to identify in order to be given relief by the court? In the late 1980s, residents of Lake Caliopa, Minnesota, began noticing an unusually...
-
For the coordinate transformation (12.1) and (12.2), develop the second-order finite difference approximations of \(u_{y}, u_{x x}\), and \(u_{x y}\) at \(\left(\xi_{i}, \eta_{j} ight)\). Apply...
-
On May 31, the inventory balances of Tog Designs, a manufacturer of high- quality childrens clothing, were as follows: Materials Inventory, $21,360; Work in Process Inventory, $15,112; and Finished...
-
The cost per equivalent unit of direct materials and conversionin the Bottling Department of Beverages on Jolt Company is $0.80and $0.20, respectively. The equivalent units to be assigned costsare 1...
-
Based on the information provided in the case, illustrate the pricing game between Sony and Microsoft using a 2-by-2 payoff matrix when Sony and Microsoft charge for their games $399, or lower price...
-
Hello kindly assist me in solving this problem. Paragraph Styles Question three Rahab Ltd has provided the following proposed budget estimates for the six months' period ending 31 December 2020:...
-
Identify all evidence law issues. Point out the applicable law with respect to each identified issue. Analyze the issue based on the facts of the question by applying relevant laws. Sufficiently...
-
What strategies can organizations implement to recognize and reward employees who consistently demonstrate advanced levels of Organizational Citizenship Behavior (OCB) ?
-
1) In the functional finance finance view, bond sales: Finance deficit spending Add to bank reserves depleted by deficit spending Drain excess reserves to maintain short term interest rates None of...
-
Provide responses to the "QUESTIONS" presented for each of the following cases from this week's reading assignment: Guidelines Upload one document that includes all responses Content is worth 70%...
-
Writeajavaprogramtoprintbelow pattern? CCC C DDDD
-
As an evaluation commisioner explain your approach to assessing the quality of the draft evaluation report received from the evaluation team.
-
d) For die casting processes: 1. What are the most common metals processed using die casting and discuss why other metals are not commonly die casted? 2. Which die casting machines usually have a...
-
Accountants often express ROI as the product of two componentscapital turnover and return on sales. You are considering investing in one of three companies, all in the same industry, and are given...
-
For each of the following independent cases, fill in the blanks (in millions of dollars): 2 3 4 Direct materials inventory, Dec. 31, 2011 8 1?/td> Purchased 1?/td> 8 Used 1?/td> 7 3 Direct materials...
-
Company is an automotive component supplier. OSullivan has been approached by Honda Canadas Alliston, Ontario, plant to consider expanding its production of part 24Z2 to a total annual quantity of...
-
Papai Ltd bought 51 per cent of the shares in Sons and Co Ltd on 31 October 2007. From the following balance sheets you are to draw up the consolidated balance sheet as at 31 October 2008. Papai...
-
P Ltd bought 40,000 shares in \($1\) Ltd and 27,000 shares in \($2\) Ltd on 31 December 2002. The following balance sheets were drafted as at 31 December 2003. You are to draw up a consolidated...
-
Pops Ltd buys shares in Sub 1 and Sub 2 on 31 December 2007. You are to draft the consolidated balance sheet as at 31 December 2008 from the following: Pops Balance Sheet as at 31 December 2008 E...
Study smarter with the SolutionInn App