Refer to the financial statements of the Nestl Group given in Appendix A at the end of

Refer to the financial statements of the Nestlé Group given in Appendix A at the end of this book. The following questions illustrate the types of information that you can find in the financial statements and accompanying notes.

Required:

1. What items were included as non-current assets on the statement of financial position (balance sheet) \(?\)

2. What is the carrying amount of machinery and equipment the company owned at the end of the most recent reporting year?

3. The company spent CHF 4,869 million on capital expenditures in 2008 . Were operating activities or financing activities the major source of cash for these expenditures?

4. What was the company's largest asset (net) at December 31, 2008 ?

5. What was the amount of interest expense for 2008 ?