Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Get the owner's equity statement from the table below: FY ends in December. Values are in EGP millions except per share data 2022 Cash in

Get the owner's equity statement from the table below:

FY ends in December. Values are in EGP millions except per share data 2022
Cash in hand 440.16
Cash & cash balances, total 440.16
Money market holdings 432.49
Total marketable securities 432.49
Total cash & cash equivalents 872.65
Notes receivable 52.23
Trade receivables 620.29
Other receivables 255.76
(Provision for bad-debt) (80.86)
Trade & other receivables, Net 847.42
Finished goods 100.04
Work-in-process 0.47
Raw materials 379.30
Spare parts 70.07
LCs & Goods-in-transit 24.15
(Provision for obsolete) (1.94)
Total inventory 572.09
Prepaid expenses 7.13
Total current assets 2,299.29
Investments & loans to associates 4.02
Total noncurrent investments 4.02
Land --
Building & plant --
Equipment & machinery --
Furniture & vehicles --
Others 693.27
Property, plant & equipment, gross 693.27
(Accumulated depreciation) --
Property, plant & equipment, net 693.27
Construction in progress 102.54
Total noncurrent assets 799.83
Total Assets 3,099.12
Credit facilities 1,247.68
Total short-term debt 1,247.68
Current portion of long-term debt 28.53
Current portion of long-term debt 28.53
Trade payables 228.77
Due to clients 25.49
Notes payable 1.12
Accrued expenses 85.27
Other payables (86.47)
Trade & other payables 254.19
Income tax for the year 96.96
Income tax payable, total 96.96
Other provisions 138.20
Total provisions 138.20
Other current liabilities 11.85
Total current liabilities 1,777.41
Long-term loans 130.60
Total long-term debt 130.60
Deferred tax liability 34.77
Other noncurrent liabilities 31.93
Total noncurrent liabilities 197.30
Total liabilities 1,974.71
Common shares 56.52
Contributed share capital 56.52
Share premium (discount) 283.42
Paid-in capital 339.94
Statutory & legal reserve 28.26
Fair value movement reserve 25.05
Other reserves (4.33)
Total reserves 48.97
Net income (loss) of the year --
Retained earnings (losses) 735.48
Parent equity 1,124.40
Minority interest equity 0.01
Total equity 1,124.41
Total liabilities & shareholders' equity 3,099.12

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

Iso 9000 Quality Systems Auditing

Authors: G. D. Green, Dennis Green

1st Edition

0566079003, 978-0566079009

More Books

Students also viewed these Accounting questions

Question

=+ What are the similarities and differences?

Answered: 1 week ago