Current Attempt in Progress Base your answers to the following questions on the financial statements for Leon's Furniture Limited Meubles Len Lade in Exhibits 1.27A to 1.270 EXHIBIT 127A Leon's Furniture Limited's 2016 Consolidated Statements of Financial Position LEON'S FURNITURE LIMITED Consolidated Statement of Financial Position ($in thousands) ASSETS Current assets Cash and cash equivalents NOTES 5 AND 221 Restricted marketable securities (NOTE 32 Available-for-sale financial assets NoOTE Trade receivables (NOTE 22 Income taxes receivable Inventories Not R Deferred acquisition costs (NOTE Deferred financing costs Total current assets Other assets Deferred acquisition costs INTE Property, plant and equipment wort As at December 31 As at December 31 2016 2015 $ 43,985 $ 7,859 16,600 18,001 39,079 22,960 128,142 137,432 2,042 24.300 308,801 303,961 7,643 8,329 775 473 $ 547,067 $ 505,025 8,225 6,214 13,128 13,093 315,500 323,218 17,994 18496 Question 8 of 8 Income taxes receivable. Inventories INOTE Deferred acquisition costs (NOTE 2,042 24,920 308,801 303,961 7,643 8,329 Deferred financing costs 775 473 Total current assets Other assets Deferred acquisition costs o Property, plant and equipment NOTE Investment properties o $ 547,067 $ 505,025 8,225 6,214 13,128 13,093 315,500 323,218 17,984 18,496 Intangible assets (NOTE 111,464 318,214 Goodwill NOTE 30 390,120 390,120 Deferred income tax assets or 20 8,174 Total assets $1,611,662 9,083 $1,583,463 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities Trade and other payables or 11 $214,838 5 206,076 Provisions (NOTE L 5,468 Income taxes payable 12,641 5,343 7,266 Customers' deposits 117,990 112,446 Finance lease liabilities (ore 12 1,421 1,954 Dividends payable por e 7,183 7,141 Deferred warranty plan revenue 39,839 49,380 continued -/25 ($ in thousands) Loans and borrowings NOTE 14 Other liabilities Total current liabilities Loans and borrowings NOTE 14 Convertible debentures (NOTE 14 Finance lease liabilities NOTE 13 Deferred warranty plan revenue Redeemable share liability NOTE 15 Deferred rent liabilities and lease inducements Deferred income tax liabilities NOTE 30 Total liabilities Shareholders' equity attributable to the shareholders of the Company Common shares (NOTE 36 Equity component of convertible debentures NOTE 14 Retained earnings Accumulated other comprehensive (loss) income Total shareholders' equity Total liabilities and shareholders' equity As at December 31 As at December 31 2016 2015 25,000 50,000 2,124 $ 426,504 $439,606 214,436 237,357 93,520 92,628 10,474 11,895 105,289 95,775 503 880 11,380 8,858 90,003 96062 $ 952,109 $93,061 $ 39,184 7,089 $ 34,389 613,426 7,089 558,526 (146) 396 $ 659,553 $ 600,402 $1,611,662 51,583,463 EXHIBIT 1.278 Leon's Furniture Limited's 2016 Consolidated Statements of Income Question 8 of 8 < EXHIBIT 1.278 Leon's Furniture Limited's 2016 Consolidated Statements of Income -125 LEON'S FURNITURE LIMITED Consolidated Statement of Income ($ in thousands) Revenue [NOTE 17 Cost of sales (NOTE 6 Gross profit Selling, general and administration expenses [NOTE 8 Net finance costs (NOTE 19) Net income before income tax Income tax expense NOTE 20 Net income Year ended December 31 2016 $2,143,736 Year ended December 31 2015 $2,031,718 1,228,499 1,141,706 $ 915,237 $890,012 786,568 770,966 128,669 119,046 (14,481) (17,627) 114,188 101,419 30,597 24,790 $ 83,591 $ 76,629 Question 8 of 8 DOBIT 127C Leon's Furniture Limited's 2016 Consolidated Statements of Cash Flo 725 LEON'S FURNITURE LIMITED Consolidated Statement of Cash Flows (5 In thousands) Year ended December 31 2016 Year ended December 31 2015 OPERATING ACTIVITIES Net income for the year Add (deduct) items not involving an outlay of cash Depreciation of property, plant and equipment and 5 83,591 $76,629 investment properties 33,802 33,004 Amortization of intangible assets 1,433 1,044 Amortization of deferred warranty plan revenue (59,118) 55,180) Net finance costs 14,481 1721 Deferred income taxes (4,945) (5317) Gain on sale of property, plant and equipment and investment properties (28) (1,012) (Gain) loss on sale of available-for-sale financial assets (097) 1,514 $74,319 $15,939 Net change in non-cash working capital balances related to operations 31,238 (74,426) Cash received on warranty plan sales Cash provided by operating activities INVESTING ACTIVITIES 59,091 $164,640 56,970 350,483 Purchase of property, plant and equipment and (25.6891 22.2561 Question 8 of 8 125= Cash received on warranty plan sales 59,091 56.970 Cash provided by operating activities $164,648 $58,483 INVESTING ACTIVITIES Purchase of property, plant and equipment and investment properties & (25,689) (22,756) Purchase of intangible assets or (683) (4956) Proceeds on sale of property, plant and equipment and investment properties 145 4,464 Purchase of available-for-sale financial assets (29,981) (0900 Proceeds on sale of available-for-sale financial assets 16,184 5524 Interest received 1,717 1306 Cash used in investing activities $ (38,307) $24.500 FINANCING ACTIVITIES Repayment of finance leases (1,884) (1936) Dividends paid (28,649) 028,465) Decrease of employee loans-redeemable shares 4,438 3,099 Repayment of term loan (50,000) 00,000 Finance costs paid (775) Interest paid (13,325) 05,313 Cash used in financing activities 5 (90,215) $72,015 Net increase (decrease) in cash and cash equivalents during the year 36,126 (38,041) Cash and cash equivalents, beginning of year 7,859 45,900 Cash and cash equivalents, end of year $ 43,985 57359 DOBIT 1270 Lew's Furniture Limited's 2016 Consolidated Statements of Changes in Shareholders' Equity EXHIBIT 1.270 Leon's Furniture Limited's 2016 Consolidated Statements of Changes in Sharsholders Equity LEON'S FURNITURE LIMITED Consolidated Statements of Changes In Shareholder Equity in thousands Comprehensive income Net income for the year Change in unealed losses on avalable-for-sale fancial ass asing during the year Total comprehensive income Transactions with Dividends declared Management share purchase plan Total transactions with shareholders As at December 31, 2016 Si theunares As a Deber 33, 2004 Comprehensive income Change area osas on available fo Inancial assets ansing during the year Equity component of Accumulated Common comprehensive Hetained debentures shares income (loss) earnings Total $1,009 $34,389 $558,336 $600,402 83,391 (544) (344) (344) 3,047 (3849) 4,795 4,795 4,795 (38,69) 143,436 Equity composent of Comm shares Accumulated ather comprehensive and Income (loss) samnings $3 $530.39 154,10 76629 PTER 1 Question 8 of 8 thousands As at December 31, 2014 Comprehensive income Change in realitedes unavailable financial assets arting during the year Total comprehensive Transactions with shareholders Dividends declared Management share purchase plans Tetal tramactions with shareholders 125 Equity component of Accumulated ether convertible Common comprehensive debentures R shares income (la) earnings Total $7,000 5489 $5103 55305 76,429 N 76,529 75 1,220 1330 201 Dec 31, 2015 Deterion the ofend that led in 2016 On which statements did you th Dared in 2016 are $ This rationis Find the following amounts in the statements inter amounts in thousands Round Gross prot de percentage in 2016 to 1 place 15.2%) Revenue in 2016 Cont of sales in 2016 $ $ $ AL Gross proht (as a dollar amount) in 2016 Gross print (as a percentaged in 2016 W Seling general and administration expenses in 2016 $ V Net fasts in 2018 $ M Income tax expense in 2016 " Net in 2015 $ Inventories at the end of 2016 $ DC Trade and other payables at the beginning of the 2016 focal year " 1 Retained earnings at the end of 2016 Loans and borrowing at the beginning of 2016 indude the current portion Cash flows provided by operating activities in 2016 Income tax expense in 2016 Net income in 2015 VIL Inventories at the end of 2016 Trade and other payables at the beginning of the 2016 fiscal year x Retained earnings at the end of 2016 Loans and borrowings at the beginning of 2016 include the current portion $ Cash flows provided by operating activities in 2016 $ xvi Cash payments to purchase property, plant, and equipment and investment properties in 2016 Cash payments for dividends in 2016 Cash flows generated by bused in financing activities in 2015 Cash payments to repay term loans in 2016 Attempts: Rot Juned Subert Antwer