Compare this 2 companies financial statement if you are making a decision to invest in one of the two companies, which companies will you choose?

and calculate the carry value.

JOHNSON \& JOHNSON AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS At January 1, 2023 and January 2, 2022 JOHNSON \& JOHNSON AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Dollars in Millions) (Note 1) The tax effects in other comprehensive income for the fiscal years 2022, 2021 and 2020 respectively: Foreign Currency Translation; \$460 million, \$346 million and \$536 million; Securities: \$6 million and \$1 million in 2022 and 2021 , Employee Benefit Plans: \$461 million, \$1,198 million and \$21 million, Derivatives \& Hedges: \$30 million, \$263 million and \$252 million. See Notes to Consolidated Financial Statements Consolidated Statement of Cash Flows for the year ended 31 December JOHNSON \& JOHNSON AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EQUITY (Dollars in Millions) (Note 1) JOHNSON \& JOHNSON AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS (Dollars in Millions) (Note 1) Consolidated Statement of Changes in Equity for the year ended 31 December JOHNSON \& JOHNSON AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EARNINGS (Dollars and Shares in Millions Except Per Share Amounts) (Note 1) See Notes to Consolidated Financial Statements All activities were in respect of continuing operations. \$m means millions of US dollars. at 31 December Netes 20022 9m 2001 $m 2000 $m Assets Non-ourrent assets Property, plant and equipment Fight-of-use assets Goodwil. Intangible assets hvestments in associstes and joint ventures Other investments Derivative financid instruments Other receivables Deferred tax assets Liabilities Current liabllities The Financial Statements from pages 138 to 203 were approved by the Board and were signed on its behalf by Pascal Soriot Director 9 February 2023 Aradhana Sarin Director JOHNSON \& JOHNSON AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS At January 1, 2023 and January 2, 2022 JOHNSON \& JOHNSON AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Dollars in Millions) (Note 1) The tax effects in other comprehensive income for the fiscal years 2022, 2021 and 2020 respectively: Foreign Currency Translation; \$460 million, \$346 million and \$536 million; Securities: \$6 million and \$1 million in 2022 and 2021 , Employee Benefit Plans: \$461 million, \$1,198 million and \$21 million, Derivatives \& Hedges: \$30 million, \$263 million and \$252 million. See Notes to Consolidated Financial Statements Consolidated Statement of Cash Flows for the year ended 31 December JOHNSON \& JOHNSON AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EQUITY (Dollars in Millions) (Note 1) JOHNSON \& JOHNSON AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS (Dollars in Millions) (Note 1) Consolidated Statement of Changes in Equity for the year ended 31 December JOHNSON \& JOHNSON AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EARNINGS (Dollars and Shares in Millions Except Per Share Amounts) (Note 1) See Notes to Consolidated Financial Statements All activities were in respect of continuing operations. \$m means millions of US dollars. at 31 December Netes 20022 9m 2001 $m 2000 $m Assets Non-ourrent assets Property, plant and equipment Fight-of-use assets Goodwil. Intangible assets hvestments in associstes and joint ventures Other investments Derivative financid instruments Other receivables Deferred tax assets Liabilities Current liabllities The Financial Statements from pages 138 to 203 were approved by the Board and were signed on its behalf by Pascal Soriot Director 9 February 2023 Aradhana Sarin Director