Nestls financial statements are presented in Appendix B. Financial statements of Delfi Limited are presented in Appendix
Question:
Nestlé’s financial statements are presented in Appendix B. Financial statements of Delfi Limited are presented in Appendix C. Complete annual reports, including notes to the financial statements, are available at each company’s respective website.
Instructions
a. Based on the information contained in these financial statements, determine the following for each company.
1. Net cash provided (used) for investing (investment) activities for the current year (from the statement of cash flows).
2. Cash used for capital expenditures during the current year.
b. Each of Nestlé’s financial statements is labeled “consolidated.” What has been consolidated? That is, from the contents of Nestlé’s annual report, identify by name the divisions that have been consolidated.
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
Step by Step Answer:
Accounting Principles
ISBN: 978-1119419617
IFRS global edition
Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt