Individual case study GA20403 (1 X + X C 7 File | C:/Users/User/Desktop/Individual%20case%20study%20GA20403%20(1).pdf Individual case study GA20403 (1).pdf 3/4 Net earning 76 1,407 1,392 Statement of financial Position At December 31(in millions, except share and per 2019 2018 share data) (RM) (RM) Assets Current assets Cash and cash equivalents 448 246 Receivables, net 2,337 2,653 Inventories, net 1,137 1,718 Deferred income taxes 521 575 Other current assets 240 299 Total current assets 4,683 5,491 Property plant and equipment, net 5,659 5,919 Goodwill, net 948 947 Other longterm assets 2,072 1,855 Total assets 13,362 14,212 Liabilities and shareholders equity Current liabilities Account payable and other current liabilities 3,276 3,403 Short term borrowings 1,378 2,058 + Type here to search emwod X 9 AGO ENG 10:13 PM 8/7/2020Individual case study GA20403 (1 X + X C 7 File | C:/Users/User/Desktop/Individual%20case%20study%20GA20403%20(1).pdf Individual case study GA20403 (1).pdf 4/4 Current portion of long term debt 156 148 Accrued income taxes 544 506 Total current liabilities 5,354 6,215 Long term debts, net of current portion 1,666 1,166 Postemployment liabilities 2,728 2,722 Other long term liabilities 720 681 Total liabilities 10,468 10,784 Shareholders equity Common stock RM2,50 par value 950,000,000 share authorised:issued 391,292,760 shares in 978 978 2019 and 2018; 290,929,701 and 290,484,266 share outstanding in 2019 and 2018 Additional paid in capital 849 871 Retained earning 7,431 7,869 Accumulated other comprehensive loss 597 182 8,661 9,236 Treasury stock, at cost; 100,363,059 shares in 2019 and (5,767) (5,808) 100,808,494 shares in 2018 Total shareholders' equity 2,894 3,428 + Total liabilities and shareholders' equity 13,362 14,212 Required: Prepare forecasts of its income statement, statement of financial position and statement of cash Type here to search W X AGO ENG 10:13 PM 8/7/2020Individual case study GA20403 (1 X + X C O File | C:/Users/User/Desktop/Individual%20case%20study%20GA20403%20(1).pdf Individual case study GA20403 (1).pdf 4/ 4 2019 and 2018; 290,929,701 and 290,484,266 share outstanding in 2019 and 2018 Additional paid in capital 849 871 Retained earning 7,431 7,869 Accumulated other comprehensive loss 597 482 8,661 9,236 Treasury stock, at cost; 100,363,059 shares in 2019 and 100,808,494 shares in 2018 (5,767) (5,808) Total shareholders' equity 2,894 3,428 Total liabilities and shareholders' equity 13,362 14,212 Required: Prepare forecasts of its income statement, statement of financial position and statement of cash flows for 2020 under the following assumptions: a. All financial ratio remains at 2019 level. b. Kodenko will not record restructuring costs for 2020. C. Taxes payable are at the 2019 level of RM544 million. d. Depreciation expense charged to Selling, general and administrative is RM765million for 2019 and 2018 repectively. e. Gross PPE is RM 12,982 million and RM12,963 million for 2019 and 2018 respectively. f. Projected current maturities of long term debt are RM13 million for 2020. g. Capital expenditure for 2019 and 2018 are RM1,047 and RM783, respectively + Type here to search emw X P 9 AGO ENG 10:13 PM 8/7/2020
