1) Perform horizontal and vertical analysis for both companies by using data from the financial statements of both companies. 2)Given that: Liquidity ratio for (affin bank) Affin Bank: Current Ratio = 7,597,647/6,723,523 = 1.13 Profitability ratio : (1,920,602/75,976,472) = 0.025 Liquidity ratio for (alliance bank) Alliance Bank: Current Ratio = = 5,390,204/4,844,245= 1.11 Profitability ratio: (1.572,023/53,902,047) = 0.029 a) Using the given ratios and the horizontal and vertical analysis of both companies you made, state which company you prefer to invest most (as an investor) by using data from the given ratios and the horizontal and vertical analysis of both companies to support your decision. Affin Bank Statement of comprehensive income year ended 31 December Note The Group 2018 2017 RM 000 RM 000 527,420 424,438 The Bank 2018 RM'000 594,006 2017 RM 000 282.852 25,139 7,744 14,156 2,001 (6,555) 631 Profit after zakat and taxation Other comprehensive income (losses): Items that may be reclassified subsequently to profit or losses. Net fair value change in financial investments at FVOCI (debt instruments Net credit impairment loss change in financial investments at FVOCI (debt instruments) Net gain on financial investments measured at FVOCI reclassified to profit or loss on disposal (Gebt instruments) Exchange differences on translation of foreign operations Net fair value change in financial investments available-for-sale Net gain transferred to profit or loss on disposal of financial investments available-for-sale Net transfer to profit or loss on Impairment of financial investments available-for-sale Deferred tax on financial investments at FVOCI Deferred tax on financial investments available-for-sale Share of other comprehensive income of a joint venture Share of other comprehensive losses of an associate Other comprehensive income for the financial year, net of tax Total comprehensive income for the financial year 215 23,379 37.296 118 2,298 15 37,637 39,038 15 18.951) 555 (4,307) (6,080) 1.024 194 67,256 20,860 48,781 28.345 594,676 445,298 642,787 311,197 Alliance Bank Statement of comprehensive income year ended 31 March 2018 Bank Group Restated 2017 RM'000 2018 RM'000 Note 2018 RM 000 2017 RM'000 493,228 512,123 426,910 460,174 Net profit for the financial year Other comprehensive income//expense): Items that may be reclassified subsequently to profit or loss Revaluation reserve on financial investments available-for-sale - Net gain/(1055) from change in fair values Realised gain transferred to statement of income on disposal and impairment Transfer to/from deferred tax Other comprehensive income/(expense), net of tax Total comprehensive income for the financial year 25,539 (14,735) 16,134 (7.465) (4,857) (4,963) 15,719 508,947 (5,684) 4,901 (15,518) 496,605 (2,987) (3,156) 9,991 436,901 (3,372) 2,601 (8,236) 451,938 Total comprehensive income attributable to: Equity holders of the Bank 508,947 496,605 436,901 451,938