For each firm, look at its statement of financial position and record the following:

(a) Non-current assets

(b) Current assets

(c) Current liabilities

(d) Non-current liabilities.

Construct the balance sheet for each firm and calculate the value of shareholders’ equity. What do the figures say about each company?

A skill any financial manager must have is to be able to find and understand financial information. Choose three companies from your country. Download their financial accounts for the most recent year. At first you may find it difficult to find these, but persevere because the information is there (hint: visit the company’s corporate website and look for investor information).