Explain the comparison of the financial assets of Air Arabia and the assets of Emirates Airlines: (400 Words)

Explain the comparison of the financial assets between Air

Arabia and the assets of Emirates Airlines: (400

Words)

Explain the comparison of the financial assets of Air Arabia and the assets of Emirates Airlines: (400 Words) Finirales Mirline. Air Arabia Airline Assets in AED ' 000 2021 non-current assets notes Property and equipment Right-of-use assets Advance for new aircraft Investment properties Net investment in lease Intangible assets 2020 Amount Percent Deferred charges Investment 5 6,866,167 7,402,785 (536618)7.24% Investment in associates and joint ventures Current assets 6 368,777 7 360,281 8 124,970 14 46,284 9 1,312,472 1,300,934 10 31,561 24,135 11 11,082 10,191 12 77,593 88,613 \begin{tabular}{|l|l|} \hline(11020) & (12.4%) \\ \hline \end{tabular} Inventories Trade and other receivables Other investments Bank balances and cash TOTAL ASSETS \begin{tabular}{|l|l|l|l|l|l|} \hline & & 23,496 & 20,628 & 2868 & 19.9% \\ \hline 14 & 616,777 & 631,938 & (15161) & (2,39%) \\ \hline 16.1 & 168,374 & 168,366 & 8 & \\ \hline 16 & 2,806,452 & 1,645,014 & 1161438 & 70.6% \\ \hline \end{tabular} Emirates Airline ASSETS Non-current assets Notes Property, plant, and equipment Right-of-use assets menitntangible assets Investments aecounted for using the equity method Advance lease rentals Trade and other reccivables. Derivative financial instruments Deferred income tax assets 2020 2019 AED m AED m current assets Inventories Advance lease rentals Trade and other receivables 2,670 Derivative financial instruments - Short-term bank deposits 4,783 89,431 (3,347) (3.74%) 1,574 2799 683 1.17% 4,619 139 53 38.1% 24 13 12 92.3% 22 Focus