The parent company balance sheet for Babcock International Group PLC at March 31, 2010, is as follows:
Question:
Balance Sheet
As at 31 March 2009
Required:
Transform Babcock's March 31, 2010, balance sheet to a U.S. format.
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
Transcribed Image Text:
2009 2008 Notes Im fm Fixed assets Investments in subsidiary undertakings Tangible fixed assets 359.1 359.3 0.3 359.4 359.6 Current assets Debtors Cash andbank balances Creditors-amounts due within one yea Net current asse Total assets less current liabilitie Creditors- -amounts due after one vear Net assets Capital and reserves Called-up share capital 527.6 440.9 48.9 53.8 576.5 494.7 104.0 62.6 472.5 432.1 8319 791.7 355.0 380.0 476.9 411.7 6 137.7 137.6 148.2 148.1 30.6 30.6 160.4 95.4 476.9 411.7 Share premium acco Capitalredemption reserve Profit andloss account Shareholders' funds-equity interests
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Babcock International Balance Sheet As at 31 March 2010 Assets m Cash 489 Receivables ...View the full answer
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