3-IAS 16 Property, plant and equipment identifies and describes two different models of accounting for tangible non-current assets. Discuss the importance of these two models for PHILIPS and describe the depreciation methods used by PHILIPS. [/Marks (Words): 10(200)] 4-The sources of company finances may be various and complicated. Equity capital is the main source of company finances, what are the different types of share capital, explain. Also identify the different forms of share capital from annual report of PHILIPS. [Marks (Words): 10(200)] 5-Explain why the going concern basis is important in understanding PHILIPS financial statement; Support your answer with evidence from PHILIPS annual report. [Marks (Words): 10(200)] 6-Balance sheet can be prepared in vertical, net asset and horizontal format. What is the difference between these formats? Which format has been adopted by PHILIPS and what is the underlying assumption? Provide evidence from annual report. [Marks (Words): 10(200)] 7-What is meant by investor ratio? Explain the dividend payout ratio and earning per ratio, compare these ratios from 2018 to 2019 from annual report to PHILIPS. [Marks (Words): 10(200)] 8-Write the summary on the financial position of Philips. Your summary should include the main financial data of the company. [Marks (Words): 10(200)]