IFRS 7 4 (Part Level Submission) The financial statements of M&S are presented in Appendix E. The company's complete annual report, including the notes to the financial statements, is available online. Refer to M&S's financial statements and the accompanying notes to answer the following questions (b1) As of 28 March 2015, what balances did M&S have in cash and cash equivalents? (Round answer to I decimal Cash and cash equivalents Click if you would like to Show Work for this question: Open Shom Work place, eg. s2.5.) million pounds Attempts: o of I used SAVE FOR LA the parts of the questen munt be conv.eed ure no prt-d be ble when you eanorte ehe art aboe , Specimen Financial Statements: Marks and Spencer plc Marks and Spencer (M&S) ple is one of the United Kingdom's leading retailers, with over 1,330 stores worldwide. The company is committed to delivering sustainable, high-quality food, clothing, and home products. To access M&S's complete annual report, including notes to the financial statements, follow these steps: 1. Go to http://corporate.marksandspencer.com/2intid-gft_company. 2. Select Reports, Results, and Presentations under Investors. 3. Select the Annual Report dated 4 June 2015. 4. The Notes to Consolidated Financial Statements begin on page 94. dix E Specimen Financial Statements: Marks and Spencer pic CONSOLIDATED INCOME STATEMENT 0.3097 6945 250 10,3114 0,311.4 237625 (6127013 474) Operating profit Finance income 155 20.1 Fnance costs Profit before tax Profit for the year (1391) 4 661.2 (612) 60006229425) $804 6.5 481.7 02 413047443 030 Owners of the parent 48 $248 46 088) Basic earnings per share Diuted earnings per share 833.1p.Ap)297p32.2p03p 325p CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME Profit for the year 481.7 5060 Items that will not be classified to profit or loss 193, (853) 31.8 53.5 tens that may be reclassified subsequently to profit or loss Foreign currencytranslation dferences Cashfiow and net investment hedes as 23 2212 (1099 -reclassfiedandreported in net profit mount recogrised in inventories Tax (chirgelredit on cash flow hediges and net investment hedges 60.0) (21.6) 36.4 187 122 2644 income for the year 7509 4054 Specimen Financial Statements: Marks and Spencer pke STATEMENT OF FINANCIAL POSITION 582 2.2 Other financal assets Spencer UK Pension 924 EO STATEMENT OF CHANGES IN EQUITY Asat 31 March 201 roftosfor the year 92 (m542) 61503 25385 09) 25195 5248 5248(88) 5060 51 220 2z3 benefit schemes Tax credit on retrement benefit schemes (85.3) -318 318 318 (0176 6.4 (0099) 364 364 12.2 2738) share options 450 213 213 450 21.3 46 404 90 As at 30 March 2014 408.1 355.5 2,2026 (41.8)(6.5422) 6,325.1 2,707.3 (06) 2,7067 - 486.5 4865 4.8) 481.7 Foreign currency translation (2.0)(55) (5) 193.7 193.7 (40.2) (40.2) beneft schemes 93.7 Cashflow andnet investment hedges -fair value movements inother -210.9 - 221.2 reclassfied and reportedinnet profie (60.0) (21.6) 6a0)-(60.0 (21.5) amount (21 -- .- Tax on cash flow hedges and net (21.2) Other comprehensive income Total Transactions with - 106.1 106. 264.4 6448 7509 (4.8) 746.1 - 158.3 2644 080) 08070807) (280) (2807)280.7 Shares issued on exercibe of employee share options Purchase of oan shares heldby employee trusts Release of share-based payments Deferred tax on share schemes 3.9 36.9 242) (242) (242) As at 28 March 2015 120 3924 22026 643 (6542 2) 66705 31996 (0.8) 3,198.8 Specimen Financial Statements: Marks and Spencer CONSOLIDATED STATEMENT OF CASH FLOwS 1491 1755 Net cash Inflow from operating activities Cash flows from investing activities Proceeds onproperty disposals Purchase of property.plant and equipment Purchase of intangible assets (321.40 (178.00 2015) 4401) of current financial.assets Cash flows from financing activities reerest paid (115.3) (1327 (657) 1675 on (a 0.2) 154 503) Shares ssued on execise of employee share options Net cash used in financing activities cash infiow from net cash Opening net debt 2.4636 26143 Exchange and other
