Refer to the consolidated financial statements in the latest financial report of JB Hi-Fi Limited on its

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Refer to the consolidated financial statements in the latest financial report of JB Hi-Fi Limited on its website, www.jbhifi.com.au, especially the statement of changes in equity, and answer the following questions.

1.    How many ordinary shares have been issued by the company at the end of the financial year?

2.    Are any of the company’s issued shares not fully paid at the end of the financial year? If so, provide details.

3.    Has the company issued any shares over the last two financial years? If so, provide details of those shares.

4.    What is the amount of cash which has flowed to the company from share issues over the last 2 financial years (see the statement of cash flows)?

5.    List the different types of reserves, and their amounts, recognised by JB Hi-Fi Limited in its consolidated statements at the end of the financial year.

6.    Provide details of any movements in these reserves over the last financial year.

7.    How much has been paid in dividends on all shares in the current financial year? Determine the amount of dividends recommended to shareholders at the end of the year.

Financial Statements
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...
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Accounting

ISBN: 978-1118608227

9th edition

Authors: Lew Edwards, John Medlin, Keryn Chalmers, Andreas Hellmann, Claire Beattie, Jodie Maxfield, John Hoggett

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