Kindly solve the given problem as soon as possible, thanks
Here is the financial statements,
Tax is 30% for all years
Calculate WACC or weighted average cost of capital
Calculate free cash flow
Note
If some information is not given please assume it yourself and indicate these assumptions
Company Name: QUICE FOOD LIMITED UI A W N Balance Sheet as at As At June 30, 2018 As At June 30, 2019 As At June 30, 2020 Share Capital and Reserves Share Capital 984.618.280 co Capital & Other Reserves 984.618.280 984.618.280 9 (275.913.556) Revenue Reserves 275.913.556) 275.913.556) 10 (130.626.088) Surplus on Revaluation of Fixed Assets 188,752.919) (209,373.071 11 24.626.998 27.445.919 Total equity 24.438.142 12 602,705.634 547,397.724 523.769.795 13 Non Current Liabilities 14 Deferred liabilities - Provision for gratuity 15 3.761.695 19.523.867 Long-Term Lease Liabilities 4.997.334 16 Others 17 Total Non-current liabilities $6.600.000 45,500.000 18 3,761,695 76.123.867 50.497,334 19 Current Liabilities 20 Trade & Others Payable 21 155.380.815 119.270.635 Current Portion Of Long Term Liabilities 162.241.748 22 Current Taxation (Provision of taxation) 23 Total Short Term Liabilities 24 155,380.815 Total Liabilities 119.270.635 62,241,748 25 159.142.510 Total Equity and liabilities 195.394.502 212.739.082 26 761.848.144 42.792.226 736.508.877 27 28 Non Current Assets As At June 30, 2018 As At June 30, 2019 As At June 30, 2020 29 PPE 30 402.314.103 Long Term Loans and Advances 353.612.373 356.688.810 31 Long Term Deposit 32 1,819,200 1.819,200 Deferred Tax 1.869,200 33 Others 34 Total Non-Current assets 35 404.133,303 355.431.573 358.558,010 36 Current Assets 37 Store Spares & Loose Tools 38 7.419.631 Stock In Trade 4.666.032 5.652.656 39 288.152,301 329.273.427 Trade Debts $24.622.739 40 9.310.190 Loans & Advances 9.885.897 20.269.803 41 3.332.250 Other Receivables 0.368.573 4.074.093 42 4.080.797 Short Term Investments 6.227.512 11.961.274 43 Cash & Bank Balance 23.563.955 6.253.392 4.179.624 44 1,855,717 Total Current assets 0.685.820 7.190.678 45 357.714.841 387.360.653 Total Assets 377.950.867 46 761.848.144 742.792.226 736.508.877 47 48 Income Statement for the year ended June 30, 2018 June 30, 2019 June 30, 2020 49 Sales 50 27.471.967 16.775.397 Cost of Sales 86.688.206 51 18.690.556 105.320.927 Gross Profit 173.755.022 52 8,781,411 Administrative Expenses 11,454,470 12,933,184 53 21.180.045 25,224.466 Selling Cost & Distribution Cost 19.490.334 54 25.922.997 Operating Profit 30.211.466 32.137.771 55 (38,321,631) 43,981,462) Other Operating Income (38,694,921) 56 938.731 Other Operating Expenses 1.169.914 1.655.180 57 3.625.663 Profit Before Interest and Tax 58 (41,008,563) Finance Cost 42,811,548) (37,039,741) 59 173.452 182.669 Profit Before Tax 208.541 60 (41,182,015) (42,994,217) Provision For Taxation: Deferred (37,248,282) 61 Provision For Taxation: Current 62 1,711.966 8,061.840 Net Profit or Loss 2,195,786 (42,893,981) 63 (51,056,057) (39.444,068) 64 65 66 Cash Flow Statement for the year ended As At June 30, 2018 As At June 30, 2019 As At June 30, 2020 67 Cash Flow Generated From Operations 68 25.239.265 Finance Cost Paid (60.810.516) 18.375.409 69 Income Tax Paid 70 Others 71 Total Cash Flow From Operating Activities 25,239,265 72 (60,810,516) Fixed Capital Expenditure 18,375,409 73 15,366,506) (16,484,179) Proceeds from Disposal of Operating Fixed Assets (30.390.071) 74 46.116.256 Interest and Dividend Received 75 Long/Short Ter 76 (7.000,000) Proceeds from Long/Short Term Investment 77 Others 78 15,339.938 4.486,223 Total Cash Flow From Investing Activities 141.035 79 (7,026,568) 34,118,300 Long Term Financing (30,249,036 80 Short term Financing $6.600.000 (11.150.000) 81 Dividend Paid 82 Others 83 Equity Issued 84 Total Cash Flow From Financing Activities 85 Depreciation 56,600,000 (11,150,000 86 203.313.805 20.313.805 Amortization 27.313.634 87 Other Non-Cash items 3.910.160 6.817.688 12.634.450
