Question
https://whitehavencoal.com.au/wp-content/uploads/2019/09/Whitehaven-Coal-Annual-Financial-Report-2019.pdf go through the above link to download the white heaven coal project and d the below things For your two assigned companies, take a
https://whitehavencoal.com.au/wp-content/uploads/2019/09/Whitehaven-Coal-Annual-Financial-Report-2019.pdf
go through the above link to download the white heaven coal project and d the below things
For your two assigned companies, take a screenshot of the statements listed below and include them in your document. Your statements should show comparative figures for the current and previous financial years.
Note this is one statement showing both years, not two. Be sure that each report has a heading that shows the company name. A statement without a heading is meaningless.
Income Statement (Statement of Profit or Loss)
Balance Sheet (Statement of Financial Position )
Statement of Changes in Equity
Statement of Cash Flows
Present the income statement for both companies then the balance sheet for both companies and so on. Don't give all of the statements for one company followed by the next.
Use a tool such as the Windows Snipping tool to copy only the statements and paste them into your document. Ensure that what you provide is readable.
Income Statement
Total revenue (total revenue may not be shown as one item, you may have to highlight more than one line item and calculate the total at the bottom of the statement.)
Total expenses (as for revenue, if total expenses are not listed highlight all expense items and calculate the total after the statement.)
Profit or (loss) after interest and tax
Balance Sheet
Cash and cash equivalents at the start and end of the period
Total assets
Total liabilities
Total equity
Statement of Changes in Equity
The current year profit (the figure you found on the Income Statement)
Retained earnings and total equity at the beginning of the period and at the end of the period
Statement of Cash Flows
Net Operating cash flows
Net Investing cash flows
Net Financing cash flows
Net increase/decrease in cash and cash equivalents
Cash and Cash Equivalents at the start and end of the period
In addition, under each statement, highlight the following information which demonstrates the structure of the reports.
Income Statement: Show that Total Revenue less Total Expenses = Profit (Loss); E.g. give the above equation followed by the actual figures you have calculated for revenue and expenses, do they equal the profit figure you found?
Balance Sheet: Show how the Balance Sheet reflects the accounting equation. E.g. Assets = Liabilities + Equity or Assets - Liabilities = Equity followed by the actual amounts for each.
Statement of Cash Flows: Show how cash from operating, investing and financial activities = Net increase/decrease in cash and cash equivalents
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