Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Draft the Five-year financial statement projections and Explain all your findings. Avoid Spam, copying and Pasting previous answers. Work on a new answer SUMMARY STATEMENT

Draft the Five-year financial statement projections and Explain all your findings. Avoid Spam, copying and Pasting previous answers. Work on a new answer

image text in transcribed

image text in transcribed

SUMMARY STATEMENT OF FINANCIAL POSITION 2019 2 952 2 067 885 Restated 2018 3 234 1 843 % change (8.7) 12.1 (36.4) 20.9 1 391 8 355 10.8 10 103 4 710 2 647 2 746 4 251 2 332 13.5 54.9 1 772 Rimillion Non-current assets Property, plant and equipment Other non-current assets Current assets Inventories Trade and other receivables Other current assets Total assets Equity Non-current liabilities Current liabilities Trade and other payables Other current liabilities Total equity and liabilities 13 055 11 589 12.6 4 424 4 913 392 7 750 7 303 447 448 6717 11.0 (12.4) 15.4 17.3 (8.9) 6 227 490 13 055 11 589 12.6 SUMMARY STATEMENT OF COMPREHENSIVE INCOME % of turnover % of turnover change 7.2 9.7 73.7 26.3 72.0 28.0 4.0 2019 31 352 23 105 13 909 (5 662) 8 650 (6 329) (5 810) (682) 163 Restated 2018 29 239 21 062 13 376 (5 199) 7 885 (5 853) (5 375) (619) 141 27.0 9.7 27.6 20.2 20.0 8.1 8.1 10.2 R'million Turnover Retail Distribution Intragroup Total income Operating expenses Retail Distribution Intragroup Operating profit Retail Distribution Intragroup Loss on disposal of property, plant and equipment Net financing income Share of profit of an associate Income tax Profit for the year 2 321 2 032 6.9 14.2 1 881 454 (14) 7.4 8.1 3.3 1 695 362 8.0 2.7 11.0 25.4 (25) >100 40 3 (1) 2 2 (567) 1 468 16.4 (661) 1 703 16.0 SUMMARY STATEMENT OF FINANCIAL POSITION 2019 2 952 2 067 885 Restated 2018 3 234 1 843 % change (8.7) 12.1 (36.4) 20.9 1 391 8 355 10.8 10 103 4 710 2 647 2 746 4 251 2 332 13.5 54.9 1 772 Rimillion Non-current assets Property, plant and equipment Other non-current assets Current assets Inventories Trade and other receivables Other current assets Total assets Equity Non-current liabilities Current liabilities Trade and other payables Other current liabilities Total equity and liabilities 13 055 11 589 12.6 4 424 4 913 392 7 750 7 303 447 448 6717 11.0 (12.4) 15.4 17.3 (8.9) 6 227 490 13 055 11 589 12.6 SUMMARY STATEMENT OF COMPREHENSIVE INCOME % of turnover % of turnover change 7.2 9.7 73.7 26.3 72.0 28.0 4.0 2019 31 352 23 105 13 909 (5 662) 8 650 (6 329) (5 810) (682) 163 Restated 2018 29 239 21 062 13 376 (5 199) 7 885 (5 853) (5 375) (619) 141 27.0 9.7 27.6 20.2 20.0 8.1 8.1 10.2 R'million Turnover Retail Distribution Intragroup Total income Operating expenses Retail Distribution Intragroup Operating profit Retail Distribution Intragroup Loss on disposal of property, plant and equipment Net financing income Share of profit of an associate Income tax Profit for the year 2 321 2 032 6.9 14.2 1 881 454 (14) 7.4 8.1 3.3 1 695 362 8.0 2.7 11.0 25.4 (25) >100 40 3 (1) 2 2 (567) 1 468 16.4 (661) 1 703 16.0

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Alaskas Permanent Fund Dividend Examining Its Suitability As A Model

Authors: K. Widerquist, M. Howard

2nd Edition

0230112072, 9780230112070

More Books

Students also viewed these Accounting questions

Question

What is an adhesion contract?

Answered: 1 week ago