Consider the annual reports Specifically the Balance sheet and Income Statement of Altron and Distell for 2020. Use any 5 of the following categories of ratios (Liquidity Ratios, Leverage Ratios, Efficiency ratios, Profitability ratios, Market Value Ratios) to illustrate the difference and findings between the two companies. Note: Include 3 Ratio calculations for the balance sheet and 3 ratio calculations for the income statement, show your calculations and explain your findings of each ratio.

DISTELL BALANCE SHEET ALTRON BALANCE SHEET SUMMARY CONSOLIDATED STATEMENT OF FINANCIAL POSITION Consolidated balance sheet at year ended 29 February 2020 30 June 2020 R 000 AUDITED 30 June 2019 RODO Bestated 1 July 2018 R1000 Restated GROUP 29 February 28 February 2020 2019 Notes 198 184 14 466 7 1960 6443 880 20 391 20 1965 49 575 57 800 3 ASSETS Non current assets Property, plant and equipment Financial assets at amortised cost Loans and receivables Financial assets at fair value through other comprehensive income (FVOC) Available for sale financial assets Investments in associates Investments in joint ventures Intangible assets Retirement benefit assets Deferred income tax assets Total non-current assets Current assets Inventories Trade and other receivables Investment in money market funds Current income tax assets Cash and cash equivalents Total current assets Assets of disposal group classified as held for sale 373 928 57056 2 267 557 643 936 62 747 11737 449 432 710 105 384 195197 526 812 108 218 10471 325 60 485 862 364 141165 2008 475 522 885 100 154 10 159 799 5 s 5 6 7 Rmillions ASSETS Non-current assets Property, plant and equipment Intangible assets and goodwill Right-of-Use assets Equity-accounted investments Financial assets at amortised cost Financial assets at fair value through profit or loss Financial assets at fair value through other comprehensive income Finance lease assets Contract costs capitalised Capital rental devices Trade and other receivables Contract assets Defined benefit asset Deferred taxation Current assets Inventories Trade and other receivables Financial assets at fair value through profit or loss Contract assets Taxation receivable Restricted cash Cash and cash equivalents 4 507 648 1945 524 15 191 117 21 237 163 297 121 11 83 19 350 202 21 196 83 293 37 8 224001 3722 548 7504 148 3413036 8436 466 2 919 657 565 000 177 432 1 169 057 13 267 612 266776 13 5343 36 510 1153 104 35756 1084215 12037 155 13136 163 9 110 1 252 5726 25 205 32 13 1810 9063 SS 13 625 180 155 7430 1017 4725 0 195 25 26 1381 7375 55 11601 13 136 163 12037 155 25 271 37 23 607 488 22196954 40 11 582 926 409 134 11 572 540 357 464 11 930004 11 625 36 314944 11 940 311 11 992 060 Total assets EQUITY AND LIABILITIES Capital and reserves Capital and reserves Non-controlling interest Total equity Non-current liables Interest-bearing borrowing Retirement benefit obligations Deferred income taxa Total non-current liabilities Current liabilities Trade and other payables Interest-bearing borrowings Provisions Derivative financial instruments Current income tax liabilities Total current liabilities Total equity and liabilities 3373 2866 313 2479) 3535 (162) - - 5 122 473 30 414 1 196 469 6 349 356 4 523 673 27547 1 149 363 5700 58 Assets classified as hold-for-sale Total assets EQUITY AND LIABILITIES Tocal equity Share capital and share premium Retained earnings Other reserves Attributable to Altron shareholders Non-controlling interests Non-current liabilities Loans Contract liabilities Loose labios Deferred taxation Current liabilities Loans Leasellabilities Bank Overdrafts Provisions Trade and other payables Financial liabilities at fair value through profit or loss Contract liabilities Taxation payable 4432 840 27 800 1 158401 5619 041 3763 2871 3547 (2479) 5 939 (176) 2502 1707 3:49 391 55 7360 493 181 1262 87 5 199 781 522 288 212536 4 317071 113788 167973 4238 512 2 478 602 35 511 154 485 23 311 6930 421 75 6804 484 42 296 38 770 5 976 901 23 607 488 4637602 22 196 954 25 271 837 14 4 325 3 1300 110 7360 13 625 1181 15 3603 18 1423 80 6804 11601 Total equity and liabilities Loans include finance lease obties recognised prior to the adoption of IFRS 16 Looses DISTELL INCOME STATEMENT ALTRON INCOME STATEMENT SUMMARY CONSOLIDATED INCOME STATEMENT Consolidated statement I of comprehensive income 2019 at year ended 29 February 2020 AUDITED Yearded Year ended 30 June 30 June 2020 R'COO RODO Restared 22 70 724 26 179 50 (21 179 917) (232 SH (16 OGS 724) ) (18090 006) (2 779 851) (2 950 669) (1154545) (1 239 871) (955 391) (1 289 811) (224 406) (ROZ 451) (209 399) (570 498) 980 SOR 1726 274 2538 4211 61 128 (441 978) (340 7200 97033 61 529 699 629 1521086 (aos 009) ) (637457) 394 60 883 629 Revenue Operating costs Costs of goods sold Sales and marketing costs Distribution costs Administration and other costs Net impairment losses on financial assets Other gains and losse Operating profit Dividend income Finance income Finance costs Share of equity accounted earnings Profit before taxation Taxation Profit for the year Attributable to Equity holders of the company Non-controlling interest 143.2) GROUP 29 February 28 February 2020 2018 Notes 19 15723 154.0) 20 155,3) 16 713 103 (14981) (10910) (56) (4015) 20 155 (4270 110 567 30 (3704 164,1) 312 300 02 320 394 620 870428 13 201 883 629 1553) 20 222 382 219 642 22232 219 543 Per share performance Issued number of ordinary sh(U) Wehted number of ordinary shares ('000) Earnings per ordinary share (cents) - Basic earings basis -Diluted earrings basis - Headline basis -Diluted headline basis Dividenda per ordinary share centa) 742,2 142,1 Rmilions CONTINUING OPERATIONS Revenue Other income Operating costs Material and services consumed Net impairment losses on financial and other assets Employees' remuneration Earnings before interest, taxation, depreciation, amortisation, capital items and equity accounted losses (EBITDA before capital items and equity accounted losses) Depreciation and amortisation Operating profit before capital items Capital Items Operating profit Franco income Finance experse Share of loss of equity-cocounted investees, net of taxation Profit before taxation Taxation Profit for the year from continuing operations DISCONTINUED OPERATIONS 20 1607 1565 104 2962 1836 (745) 1090 1 164,1 164,01 163,9) 235,3 652,4 21 174,0 1015 Final 174,0 249,0 423,0 1091 116 (350) 174,0 22 23 24 158,9) 1306 a12 200 87047 164,1) 838 202 592 25 Reconciliation of headline earning Net profit attributable to equity holders of the company Adjusted for ret of taxation Impairment of equity account investments Impaiment of intangible assets impaiment of PPE Gain on previously held equity interest and on sale of investments and subsidiaries Profit on sale of PPE Headline earnings #kh an 15 was 1 , eget mum/sams are here trailer 1 ss result 857 (185) 672 |3/24 680 524 od 7510 8457 87 22 897 143319 35 520 (10 54R) (23 024) 516 140 163,9) DISTELL INCOME STATEMENT ALTRON INCOME STATEMENT SUMMARY CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME Consolidated statement of comprehensive income (continued) for the year ended 29 February 2020 GROUP 29 February 28 February 2020 2010 Notes AUDITED Year ended Year ended 30 June 30 June 2019 2020 R'000 R'000 18 (112) 4 Restated 81 - (31) 113 3 120 394 620 613 470 883 629 (79 413) 627 870 Profit for the year Other comprehensive income (net of taxation) Items that may be reclassified subsequently to profit or loss Currency translation differences Fair value adjustments of cash flow hedges items that will not be reclassified to profitar loss. Remeasurements of post-employment benefits Fair value adjustments - Financial assets through other comprehensive income Share of other comprehensive income of associates 623 356 (75 301) (43 136) (18251) 39 25 44 (12) (12) - 670 684 (14) 56 836 (13 412 R millions Other comprehensive Income Items that will not be reclassified to profit or loss Romeasurement of nat defined benefit asset items that are or may be reclassified subsequently to profit or loss Foreign currency translation differences in respect of foreign aperations Effective portion of changes in the fair value of cash flow hedges Other comprehensive (loss]/income for the year, net of taxation Total comprehensive income for the year Net profit attributable to: Non-controlling interests Non-controlling interests from continuing operations Non-controlling interests from discontinued operations Altron equity holders Altron equity holders from continuing operations Altron equity holders from discontinued operations Net profit for the year Total comprehensive income attributable to Non-controlling interests Non-controlling interests from continuing operations Non-controlling interests from discontinued operations Altron equity holders Altron equity holders from continuing operations Altron equity holders from discontinued operations Total comprehensive income for the year Basic earnings per share from continuing operations (cents) Diluted earnings per share from continuing operations (cents) Basic (loss)/earnings per share from discontinued operations (cents) Diluted (loss)/earnings per share from discontinued operations loents) Basic earnings per share from total operations (cents) Diluted earnings per share from total operations (cents) 655 56 9 147 (568) (3 167) (1447) 658 750 Total comprehensive income for the year 1008 090 804 216 39 (12) (12) 14 Attributable to Equity holders of the company Non-controlling interest 926 114 81 976 791 191 13025 639 646 (7) 831 775 56 1008 090 804216 Moleerborotle 12 for this accounting policies which resulted in 2013 26 26 26 26 26 26 627 184 183 (4) (4) 180 179 870 177 175 15 15 192 190