Question
BALANCE SHEET 31/12/2017 31/12/2018 31/12/2019 31/12/2020 Current Assets 419,475 512,396 536,741 538,909 Inventory 654,683 580,143 569,976 561,675 Investments 4,324 8,249 6,372 7,629 Fixed Assets 2,805,595
BALANCE SHEET | 31/12/2017 | 31/12/2018 | 31/12/2019 | 31/12/2020 |
Current Assets | 419,475 | 512,396 | 536,741 | 538,909 |
Inventory | 654,683 | 580,143 | 569,976 | 561,675 |
Investments | 4,324 | 8,249 | 6,372 | 7,629 |
Fixed Assets | 2,805,595 | 2,664,531 | 2,648,622 | 2,596,678 |
Other Assets | 210,072 | 197,214 | 182,246 | 170,748 |
Total Assets | 4,094,149 | 3,962,533 | 3,943,957 | 3,875,639 |
Current Liabilities | 1,412,289 | 1,686,217 | 1,243,142 | 1,315,142 |
Non-Current Liabilities | 1,256,543 | 830,063 | 1,260,337 | 1,082,219 |
Other Liabilities | - | - | - | - |
ShareholdersEquity | 1,425,317 | 1,446,253 | 1,440,478 | 1,478,278 |
Total Liabilities and Shareholder Equity | 4,094,149 | 3,962,533 | 3,943,957 | 3,875,639 |
Minority Interests | - | - | - | - |
All figures are in | Thousands | Thousands | Thousands | Thousands |
STATEMENT OF INCOME | 31/12/2017 | 31/12/2018 | 31/12/2019 | 31/12/2020 |
Sales | 2,032,483 | 2,096,026 | 2,225,256 | 2,303,059 |
Sales Cost | 1,301,399 | 1,320,946 | 1,380,659 | 1,577,220 |
Total Income | 731,084 | 775,080 | 844,597 | 725,839 |
Other Revenues | - | - | - | - |
Total Revenues | 731,084 | 775,080 | 844,597 | 725,839 |
Admin and Marketing Expenses | 572,601 | 674,567 | 615,981 | 618,679 |
Depreciation | 76,407 | 44,322 | 43,621 | 43,021 |
Other Expenses | 44,371 | 51,516 | 187,379 | 22,769 |
Total Expenses | 693,379 | 770,405 | 846,981 | 684,469 |
Net Income Before Zakat | 37,705 | 4,675 | -2,384 | 41,370 |
Zakat | -2,236 | 2,934 | 4,914 | 5,716 |
Net Income | 39,941 | 1,741 | -7,298 | 35,654 |
Balance First Period | 361,952 | 397,899 | 399,466 | 392,168 |
Reserves | 3,994 | 174 | - | 3,565 |
Cash Dividends | - | - | - | - |
Other Distributions | - | - | - | 169,338 |
Balance End Period | 397,899 | 399,466 | 392,168 | 254,919 |
All figures are in | Thousands | Thousands | Thousands | Thousands |
According 3 of the latest annual financial statements (balance sheet and income statement), find the company valuation of the common equity, knowing that the company is perpetual??
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