Below is the Mercedes Benz (MB)'s 2018 Annual Report prepared under IFRS:

• https://www.daimler.com/documents/investors/reports/annual-report/daimler/daimler-ir-annual-report-2018.pdf

Pick any two of the financial statements: the consolidated balance sheet (statement of financial position), the consolidated income statement (statement of income or statement of comprehensive income), or the statement of cash flows for MB. Recast the two selected financial statements and present the statements following/in accordance with the US GAAP, presentation-wise, as accurately as you can (you do not need to restate any of the results for MB in this process ? just work with the results as presented). The recasted financial statements should be an Exhibit or Appendix to your paper. Describe in an appropriate level of detail the differences that resulted when you recasted your chosen financial statements from the IFRS to US GAAP, supported with references from the readings in this module or outside references, where appropriate.

Not trying to use someone elses work. Just want some guidance......Maybe walk me through a bit so I can understand better.

CSU-Global X Module 2: Critical Think x 72828_CHPB01081_AR X *Course Hero X G converting balance she x 3 7699-Article Text-3071 x C Get Homework Help W X + X -> C A $22.q4cdn.com/857684434/files/doc_financials/2018/annual/2018-Annual-Report.pdf hp Paused Apps MyChart - Login Pa... Quill.org - Interact... 4 BibMe: Free APA Bi.. Plexus wallet X Plexus in Tricia Puhr | Linkedin @ https://www.sec.go.. How to Make the E... CSU-Global C Home | Chegg.com FSB FASB FORD MOTOR COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENT OF CASH FLOWS (in millions) For the years ended December 31, 2016 2017 2018 Cash flows from operating activities Net income 4,600 $ 7,757 $ 3,69 Open in Acrobat X Depreciation and tooling amortization 9.023 9,122 9,280 Other amortization (306) (669) (972) Provision for credit and insurance losses 672 717 609 Pension and other postretirement employee benefits ("OPEB") expense/(income) 2.667 (608) 400 Equity investment (earningsMlosses in excess of dividends received ( 178 ) 240 206 Foreign currency adjustments 283 (403) 529 Net (gainMoss on changes in investments in affiliates 139) (7 ) (42) Stock compensation 210 246 191 Net change in wholesale and other receivables (1,449) (836) 2,408 Provision for deferred income taxes 1,473 (350) (197) ase) in accounts receivable and other assets 2,855) (2.297) 2,239) Decrease/(Increase) in inventory (803) (970) (828) Increase/(Decrease) in accounts payable and accrued and other liabilities .595 5.089 5,781 Other 57 Net cash provided by/(used in) operating activities 19,850 18,096 15,022 Cash flows from investing activities Capital spending (6,992) (7,049) (7,785) Acquisitions of finance receivables and operating leases (56,007) 59,354) (62,924) Collections of finance receivables and operating leases 38,834 44,641 50,880 Purchases of marketable and other securities 31,428) (27,567) (17,140) Sales and maturities of marketable and other securities 29.354 29.898 20.527 Settlements of derivatives 825 100 Other 112 (29) (177) Net cash provided by/(used in) investing activities 25,302) (19,360) (16,261) Cash flows from financing activities Cash dividends (3,376) (2.584) (2,905) Purchases of common stock (145) (131) (164) Net changes in short-term debt 3,864 1,229 (2,819) Proceeds from issuance of long-term debt 45,961 15,801 50,130 Principal payments on long-term debt (38,797) 40,770) (44,172) Other (107 (151) (192) Net cash provided by/(used in) financing activities 7,400 3.394 Effect of exchange rate changes on cash, cash equivalents, and restricted cash (265) 489 (370) Net increase/(decrease) in cash, cash equivalents, and restricted cash 1,683 2.619 (1,731) Cash, cash equivalents, and restricted cash at January 1 (Note 9) 14,336 $ 16,019 $ 18,638 Net increase/(decrease) in cash, cash equivalents, and restricted cash 1.683 2.619 (1,731) Cash, cash equivalents, and restricted cash at December 31 (Note 9) 16.019 18,638 $ 16,907 The accompanying notes are part of the consolidated financial statements. Type here to search O W X 9 8:21 PM 7/25/2020 EACSU-Global x Announcements: 2 x 72828_CHPB01081 X Homework Help - X Pick any two of the X G converting balance x 3 7699-Article Text-3 x C Home | Chegg.con X + X $22.q4cdn.com/857684434/files/doc_financials/2018/annual/2018-Annual-Report.pdf Paused Apps MyChart - Login Pa... Quill.org - Interact... 4 BibMe: Free APA Bi. Plexus wallet X Plexus in Tricia Puhr | Linkedin @ https://www.sec.go... S How to Make the E... CSU-Global C Home | Chegg.com #68 FASB 72828_CHPB01081_AR18.pdf 121 / 192 CONSOLIDATED BALANCE SHEET (in millions) 2017 2018 ASSETS Cash and cash equivalents (Note 9) 18,492 $ 16,718 Marketable securities (Note 9) 20.435 17,233 Ford Credit finance receivables, net (Note 10) 52.210 54,353 X Trade and other receivables, less allowances of $412 and $94 10.599 Open in Acrobat 11,195 Inventories (Note 12) 11,176 14,220 Other assets 3,889 3,930 Total current assets 116,80 14,649 Ford Credit finance receivables, net (Note 10) 56,182 55,544 Net investment in operating leases (Note 13) 28,235 29,119 Net property (Note 14) 35.327 36,178 Equity in net assets of affiliated companies (Note 15) 3,085 2,709 Deferred income taxes (Note ?) 0,762 10,412 Other assets 8,104 7,929 Total assets 258.496 $ 256,540 LIABILITIES Payables 23,282 $ 21,520 Other liabilities and deferred revenue (Note 16) 19,697 20,55 Automotive debt payable within one year (Note 18 3,356 2,314 Ford Credit debt payable within one year (Note 18) 48,265 51,179 Total current liabilities 94,600 95,569 Other liabilities and deferred revenue (Note 16) 24.711 23,588 Automotive long-term debt (Note 18) 12.575 11,233 Ford Credit long-term debt (Note 18) 49.492 88,887 Other long-term debt (Note 18) 599 Deferred income taxes (Note ?) 815 Total liabilities 222,792 220,474 Redeemable noncontrolling interest (Note 20) 108 100 EQUITY Common Stock, par value $.01 per share (4,000 million shares issued of 6 billion authorized) Class B Stock, par value $.01 per share (71 million shares issued of 530 million authorized) Capital in excess of par value of stock 21,843 22,006 Retained earnings 21,90 22,66 Accumulated other comprehensive income/(loss) (Note 21) (6.959) (7,366 Treasury stock (1,253) (1,417) Total equity attributable to Ford Motor Company 35.578 35,932 Equity attributable to noncontrolling interests 28 Total equity 35.606 35,966 Total liabilities and equity 258.496 5 256,540 The following table includes assets to be used to settle liabilities of the consolidated variable interest entities ("VIEs"). These assets and liabilities are included in the consolidated balance sheet above. See Note 22 for additional information on our VIEs. December 31. 2017 December 31, ASSETS Cash and cash equivalents 3,479 $ 2,728 Ford Credit finance receivables, net 56,250 58,662 Net investment in operating leases 11,503 16,332 Other assets LIABILITIES Other liabilities and deferred revenue Debt 6.437 53.269 The accompanying notes are part of the consolidated financial statements FS-4 Type here to search O am 7:27 PM 7/25/2020