Content rom those statements you have to answer me Tonowing questions: Brief introduction about the company? ( 2 Marks) Company Name: No. of Employees Established: No. of Emirati Employees Principle activities: No. of Non-Emirati Employees : Branches : Head office Location: List various items appear under the following categories: (5 Marks) a- Assets b- Liabilities - Owners' Equity d- Revenues e-Expenses What is net income AED of the company during 2016? Provide calculation (1 Mark). A company's net income appears directly on the income statement and the owner's equity statements, and it is included indirectly in the company's balance sheet. Do you agree? Explain how net income is shown in Balance Sheet. (1 Mark) What is a total assets value of the company at the end of 2016? Provide calculation (1 Mark) What is a total Liabilities value of the company at the end of 2016? Provide calculation (1 Mark) What is a total Owner's Equity value of the company at the end of 2016? Provide calculation (1 Mark) What is the accounting period of the company? (1 Mark) Which method the company uses in inventory costing? (periodic or perpetual) (1 Mark) Which method the company uses to compute depreciation for Plant Assets? The National Investor Private Joint Stock Company INTERIM CONSOLIDATED INCOME STATEMENT For the six month period ended 30 September 2016 (Unaudited) Ste menthe ended 30 September 2016 2015 AED 0 AED 000 50,460 59911 CONTINUING OPERATIONS Fee and service income Net (los) income from investments carried at fair value through profit and loss Dividend income from investments carried at fair value through other comprehensive income Share of profits of associates Share of loss of joint venture Interest income Other operating income (592) (7,075) 145 5,371 73 635 (2,935) 1,900 _801 2,871 519 TOTAL OPERATING INCOME 58.765 33,310 Operating expenses Amortisation of intangible asset Depreciation Interest expense (58,005) (54) (5 150) (1.164 (60,388) (23) (5.414) TOTAL OPERATING EXPENSES (64373) (Loss) for the period 15.608 (13.909 Attributable to: Equity holdiers of the parent Non-controlling interests (5,042) 15656 (11,716) 0.283) 12.999 5.600 The National Investor Private Joint Stock Company INTERIM CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME For the six month period ended 30 September 2016 (Unaudited) She month ended 30 September 2016 2015 AED 000 AED 000 (5.608) (3. (12,364) 0,934) 0300 (.ex) for the period Other comprehensive income Items that may not be reclanified to profit or low in webquent periods Net (los) on financial assets measured at fair value through other comprehensive income Directors' remuneration paid Items that may not be reclassified to profit or lom in subsequent periods Items that may be reclassified to profit or low in subsequent periods Other comprehensive expense for the period TOTAL COMPREHENSIVE (LOSS) Attributable to: Equity holder of the parent Non-controlling interests (12.364 14.234 (12.364 14,234 (7972) (17,406) 1566 (15,950) (17.9723 18.233 The National Investor Private Joint Stock Company INTERIM CONSOLIDATED STATEMENT OF FINANCIAL POSITION At 30 September 2016 (Unaudited) 30 September 2016 AED'000 (Audi Jl March 2016 ARD 900 160,785 176.42 35,125 ASSETS Bank balances and cash Investments carried at fair value through profitando Investments carried at thir value through other comprehensive income Amounts due from related parties Investment in associates Investment properties Intangible asset Property, fixtures and equipment Other assets 167.419 46,110 50,628 112,227 1,201 211,490 38.78 128,735 55427 61,819 112,197 1.255 214,115 28.946 823,773 27 807,768 4.145 823.850 812913 Assets classified as held for sale TOTAL ASSETS LIABILITIES Term loans Amounts due to related parties Other liabilities 44,996 2,820 67-116 50.748 48 114,832 34,776 Liabilities directly associated with assets classified as held for sale TOTAL LIABILITIES 295 118832 EQUITY Share capital Legal reserve Statutory reserve Cumulative changes in fair value Retained earnings Equity attributable to equity holders of the parent Company Non-controlling Interests $77,500 58,096 49,673 (27,352) 1.923) 577.500 38,096 49,673 653,994 55.024 671,401 55.440 TOTAL EQUITY TOTAL LIABILITIES AND EQUITY Commitments and contingut Habilities 709,018 823.859 726.841 1191 33.870 The National Investor Private Joint Stock Company INTERIM CONSOLIDATED STATEMENT OF CHANGES IN EQUITY For the six month period ended 30 September 2016 (Unaudited) N AED AD AD1000 ASD 100 Am 14 (14.90 Tali 14 ) 14 : 14 1 : 1 13 || . . ESTET 454 11 Cise Lil 6.295 CALCIO (1) (394) Tool BI IAS 6||. trix " (text 1350 . 10 (0 1 The National Investor Private Joint Stock Company INTERIM CONSOLIDATED STATEMENT OF CASH FLOWS For the six month period ended 30 September 2016 (Unaudited) She month ended 30 September 2016 2015 AED'000 AED 000 OPERATING ACTIVITIES (Loss) pratit for the period (5.408) Working capital adjustments Amounts due from related parties Other asset Amounts due to related parties Other liabilities 9.317 158 2,772 151 720 (1,017) Net cash flows from (used in) operating activities 92.725 2.100 (16,813) (6319 (51.048) INVESTING ACTIVITIES Net movement in investments carried ut fair value through profit and loss Net movement investments carried at fair value through other comprehensive income Partial disposal of subsidiary Net movement in investment in associates Net movement in investment in joint venture Net movement in investment properties Net movement in intangible assets Net movement in property, fixtures and equipment Net movement in assets classified as held for sale (5.505) 10,290 6,761 2.935 11.191 (30) 54 2.625 2771 23 4.626 Net cash flows from (used in investing activities (50.250 13.016 FINANCING ACTIVITIES Net movement in term loans Change in non-controlling interest Director's remuneration pald (5.852) 150 15,803) (77) 0300 1700 16210 Net cash flows from (used in) financing activities NET DECREASE IN CASH AND CASH EQUIVALENTS Cash and cash equivalents at 1 April 06.17 16.815 176.962 192.422 CASH AND CASH EQUIVALENTS AT 30 SEPTEMBER 16.75 JS.568