Question
Each year, Nestle produces a detailed Annual Report, which consists of i) the Annual Review, ii) the Consolidated Financial Statements of the Nestle Group, iii)
Each year, Nestle produces a detailed Annual Report, which consists of i) the Annual Review, ii) the Consolidated Financial Statements of the Nestle Group, iii) the Financial Statements of Nestle S.A., iv) the Corporate Governance Report, and v) the Compensation Report. Access the Nestl home web page and download: Corporate Governance & Compensation Reports, Financial Statements for 2018
Instructions: In light of your study of the course subjects and your readings through (the Internet - Nestl Corporate Governance & Compensation Reports, Financial Statements for 2018 - the university e-library), answer the following questions:
(Always support your answer with relevant examples and suitable figures from the Nestls annual report.)
- In which financial statement does Nestl record goodwill & other intangible assets and which section? (State the numbers of goodwill & other intangible assets and the page number from the annual report)
- How much impairment did Nestl report for goodwill & other intangible assets in 2018 & 2017? In which financial statement these charges are reported? In which section? Why?
- Does Nestl make any acquisitions during 2018? , and how these acquisitions affect the goodwill?
- Determine the total amount of non-controlling interest for 2018 and state in which statement it is disclosed. Also, state the amounts of non-controlling interest share in Nestl profit and Nestl dividends for 2018.
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