Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Income Statement ($million) Item 2019 2020 2021 Sales 63711.68 63686.43 81573.56 Operating Expenses -30690.15 -31650.88 -32092.31 EBITDA 33021.53 32035.55 49481.25 Depreciation and Amortisation -8311.71 -8905.73

Income Statement ($million)

Item

2019

2020

2021

Sales

63711.68

63686.43

81573.56

Operating Expenses

-30690.15

-31650.88

-32092.31

EBITDA

33021.53

32035.55

49481.25

Depreciation and Amortisation

-8311.71

-8905.73

-9076.88

EBIT

24709.82

23129.83

40404.36

Net Interest Expense

-1517.18

-1327.41

-1735.83

Profit Before Tax

23192.64

21802.42

38668.53

Tax Expense

-8229.00

-7307.30

-13065.97

Net Profit

14963.64

14495.12

25602.55

Balance Sheet ($million)

Item

2019

2020

2021

Total Current Assets

33328.10

35505.45

41608.36

Total Non-Current Assets

110491.94

109382.81

96533.60

Total Assets

143820.05

144888.27

138141.97

Total Current Liabilities

17594.47

21818.30

24559.44

Total Non-Current Liabilities

52328.53

49107.48

42794.31

Total Liabilities

69923.00

70925.78

67353.75

Total Equity

73897.05

73962.49

70788.21

Total Liabilities & Equities

143820.05

144888.27

138141.97

Use Dupont analysis to decompose BHPs ROE for 2020 and 2021.

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

Fundamentals Of Investments Valuation And Management

Authors: Bradford D Jordan, Thomas W. Miller Jr., Steven D. Dolvin

6th Edition

0073530719, 9780073530710

More Books

Students also viewed these Finance questions

Question

What are common costs?

Answered: 1 week ago

Question

10. What is meant by a feed rate?

Answered: 1 week ago