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looks like alot of work but is not! just dont know where to look:( please help! The financial statements of Louis Vuitton are presented in

looks like alot of work but is not! just dont know where to look:( please help!
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The financial statements of Louis Vuitton are presented in Appendix E. The complete annual report, including the notes to its financial statements, is available at the company's website. Click here to view Appendix F. (d) Using information in the notes to the financial statements, determine what percentage the provision for impairment of receivables was as a percentage of total trade receivables for 2016 and 2015. (Round answers to 2 decimal places, eg. 1.25%) 2016 2015 Impairment of receivables as a percentage of total trade receivables X How did the ratio change from 2015 to 2016? The ratio has from 2015 to 2016 Notes 2016 2015 2014 23-24 30,638 (10,801) 37,600 (13,039) 24,561 (14,607) (2,931) 3 35,664 (12,553) 23,111 (13,830) (2,663) (13) 6,605 (221) 6,384 7 (EUR milions, except for earnings per share Revenue Cost of sales Gross margin Marketing and selling expenses General and administrative expenses Income (loss) from joint ventures and associates Profit from recurring operations Other operating income and expenses Operating profit Cost of net financial debt Other financial income and expenses Net financial income (expense) Income taxes Net profit before minority interests Minority interests Net profit, Group share 19,837 (11,744) 12,373) (5) 5,715 (284) 5,431 23-24 25 7,026 (122) 6,904 (83) (349) (78) (336) (115) 3,062 26 (432) 27 (2,109) 4,363 (382) (414) (1,969) 4,001 (428) 2,947 12,273) 6,105 17 (457) 3,981 3,573 5,648 28 Basic Group share of net earnings per share EUR Number of shares on which the calculation is based Diluted Group share of net earnings per share EUR) Number of shares on which the calculation is based 7.92 502,911,125 7.89 504,640,459 7.11 502,395,491 7.08 504,894,946 11.27 501 309,369 11.21 503,861,733 28 Notes 2016 2015 2014 CONSOLIDATED STATEMENT OF COMPREHENSIVE GAINS AND LOSSES EUR millor Net profit before minority interests Translation adjustments Amounts transferred to income statement Tax impact 4,363 4,001 6,105 15.4 631 534 109 (32) 19) 135 104 68 766 638 8,13 Change in value of available for sale financial assets Amounts transferred to income statement Tax impact 18 4 1 (32) (91) 20 494 (3,326) 184 23 (103) Change in value of hedges of future foreign currency cash flows Amounts transferred to income statement Tax impact 48 (26) (2) (63) 33 3 (2,648) (30) 11631 57 20 (27) (136) 111 636 12,146) Gains and losses recognized in equity, transferable to income statement Change in value of vineyard land Amounts transferred to consolidated reserves Tax impact 30 64 (17) (10) 9 100 (21) 138 41 (18) Employee benefit commitments: change in valur resulting from actuarial gains and losses Tax impact 29 (56) 17 42 (16) (161) 52 (69) 26 Gains and losses recoenited in equity. (109) 69 69 (127) 3,832 4,543 (434 4,706 (558) 4,148 (565 4,109 3,267 Notes 2016 2015 2014 Gains and losses recognized in equity, not transferable to income statement Comprehensive income Minority interests Comprehensive income, Group share CONSOLIDATED BALANCE SHEET ASSETS EUR Brands and other intangible assets Goodwill Property, plant and equipment Investments in joint ventures and associates Non current available for sale financial assets Other non-current assets Deferred tax Non current assets Inventories and work in progress Trade accounts receivable Income taxes Other current assets Cash and cash equivalents Current assets 3 4 6 13,335 10,401 12,139 770 744 777 2,058 13,572 10,122 11.157 729 574 552 1.945 13,031 8,810 10,387 519 580 489 27 1.436 10 11 40,224 10,546 2,685 280 2.343 3,544 38,651 10,096 2,521 384 2,355 3,594 35,252 9,475 2,274 354 1,916 4,091 18,110 12 14 19,395 18,950 Total assets 59,622 57,601 53,362 Notes 2016 LIABILITIES AND EQUITY TEUR 2015 2014 Notes 2016 2015 2014 15.1 15.1 15.2 15.4 152 2,601 (520) 1,165 1,049 17,965 3,981 152 2,655 (374) 492 1,019 12,171 5,648 26,393 1,510 17 LIABILITIES AND EQUITY EUR millions Share capital Share premium account Treasury shares and LVMH share-settled derivatives Cumulative translation adjustment Revaluation reserves Other reserves Net profit, Group share Equity, Group share Minority interests Equity Long-term borrowings Non-current provisions Deferred tax Other non current liabilities Non-current liabilities Short-term borrowings Trade accounts payable Income taxes Current provisions Other current liabilities Current liabilities 27,903 152 2,579 (240) 1,137 949 16,189 3,573 24,339 1,460 25,799 4,511 1,950 4,685 7,957 19,103 3,769 3,960 640 421 3,909 12,699 18 19 27 20 3,932 2,342 4,137 8,498 21,763 1,240 23,003 5,054 2,291 4,392 6,447 18,184 18 21.1 18,909 3,447 4,184 428 352 4,399 19 212 4,189 3,606 549 332 3,499 12,175 12,810 Total liabilities and equity 59,622 57,601 53,362 CONSOLIDATED STATEMENT OF CHANGES IN EQUITY HUR Total equity Number of shares Share Share Treasuy Cumulative capital premium shares and translation LVMH et Available share sented fancial deres assets Revaluation reserves Net profit and other Vineyard Employee reserves Gand bene commi ments Group share Minority for sale Tool Hedges offre foreign Currency cash flows 15.4 151 150 152 (451) 1,849 130 946 19,437 2.855 2.4 300 17 1.028 100 57 0223 15 2213 26,479 M 5.540 ST 27.301 2.273 6105 5.641 5,648 500 2.648 ) as 17 37 2 39 27 10 10 59 55 59 1302 50 3 008 (1.3790 0.57% . No As of December 31, 2018 507,783,661 Gas and loss recognised inequally Net profit Comprehensive Income Stock option plan and similares Olcquition oftury shares and LVM share wieder Eercise share subscription options 010323 Retirement of LVMH shares 62,271 Capital crease in salitarias narin and finaldidenda pod Distribution in Windo Hermita Changes in control condited Acation and disposal of minority were shares Purchase comments for minestres As of December 11, 2014 547,721,713 Glosses recognid inequity Napolit Comprensione Stock on planee Unidos Dershare and Whenderit Evo V 552111 11.2011 855 MU855) 11 12 30 152 2,655 014 170 480 545 307 000 14 25 131 33 123 25 11213 23,000 TO 21,10 STS 333 4141 123 1,240 30 220 551 2 645 100 1 20 25 3,573 4,704 17 B 10 10 Iscription 3,573 4,140 645 (103) 125 30 3.573 3,573 35 25 428 558 2 4,001 4,706 37 23 023 10 10 35 35 35 12 11:45 (1.650) 229) 1 5 S 00 2 11 13,762 1198 1,460 187 25,799 152 2.579 12401 104 964 1,037 20 1111 19 23 111 155) Net profit Comprehensive Income Stock option plan and similar expenses Acquisition disposal of treasury shares and LVMH share settled derivatives Exercise of LVMH share subscription options 552,137 Retirement of LVMH shares 11.124,740) Capital Increase in subsidiaries Interim and final dividends paid Changes in control of consolidated entities Acquisition and disposal of minority interests shares Purchase commitments for minority interests shares As of December 31, 2015 507,179,110 Gairs and losses recognized in equity Net profit Comprehensive income Stock option plan and serpenses Acquisition disposal of treasury shares and LVMH share-settled derivatives Exercise of LVMH share subscription options 901.55 Retirement of LVM shares 1920,9511 Capital increase in subsidies Interim and final dividends paid Changes in control of consolidated entities Acquisition and disposal of minority interest Shares Purchase commitments for minority interests shares As of December 31, 2016 507,126,000 See Not 11 24,339 128 1,1 4.109 52 382 434 100 4,363 4,500 25 23 19 113 155) 3.301 39 4 022 021) 04 00 64 4 64 (42) 42 41 41 2723 (1811 1.11 5 22 17 501 250 (15) 9) 152 2.801 15201 1,165 57 21.946 0142 1,510 127 . ST 26,133 (163) 5 27,903 1.OTT CONSOLIDATED CASH FLOW STATEMENT Notes 2016 2015 2014 7 6,384 27 2,081 (456) 191) 5,431 26 1,895 (188) (84) 5,904 18 2,143 (177 (155) 8,733 (59) (1,923) 6,751 (512) 7,945 (75) (1.807) 6,063 (429) 7,080 (116) (1,639) 5,325 (718) 14.2 (EUR millions) 1. OPERATING ACTIVITIES AND OPERATING INVESTMENTS Operating profit Income/loss) and dividends from joint ventures and associates Net Increase in depreciation, amortization and provisions Other computed expenses Other adjustments Cash from operations before changes in working capital Cost of net financial debts interest paid Tax paid Net cash from operating activities before changes in working capital Change in working capital Netcash from operating activities Operating investments Net cash from operating activities and operating investments (free cash flow) IL FINANCIAL INVESTMENTS Purchase of non current available for sale financial assets Proceeds from sale of non current available for sale financial assets Dividends received Tax paid related to non-current available for sale financial assets and consolidated investments impact of purchase and sale of consolidated investments Net cash from (used in) financial investments IR TRANSACTIONS RELATING TO EQUITY Capital increases of LVMH SE Capital increases of subsidiaries subscribed by minority interests Acquisition and disposals of treasury shares and LVMH share-settled derivatives 143 6,239 12,265) 3,974 5,634 11,955) 3,679 4,607 (1.775) 2,832 8,13 (28) 91 6 (78) 68 4 (57) 160 69 A 2.4 (461) 310 (265) 0401 (511) (237) (167) (12) (232) 15.1 17 64 41 35 59 15:2 052) 15.3 Impact of purchase and sale of consolidated investments 2.4 310 (240) (167) Net cash from (used in) financial investments (82) (511) (232) II. TRANSACTIONS RELATING TO EQUITY Capital increases of LVMH SE 15.1 64 35 59 Capital increases of subsidiaries subscribed by minority interests 17 41 81 3 Acquisition and disposals of treasury shares and LVMH share-settled derivatives 15.2 (352) 1 1 Interim and final dividends paid by LVMH SEM (1,810) (1,671) (1,619) Tax paid related to interim and final dividends paid (145) (304) (79) Interim and final dividends paid to minority interests in consolidated subsidiaries 17 (267) (228) (336) Purchase and proceeds from sale of minority interests 2.4 (95) (4) 10 Net cash from (used in) transactions relating to equity (2,564) (2,090) (1,961) Change in cash before financing activities 1,328 1,078 639 IV. FINANCING ACTIVITIES Proceeds from borrowings 18.1 913 1,008 2,407 Repayment of borrowings 18.1 12,134) (2,443) (2,100) Purchase and proceeds from sale of current available for sale financial assets 8,13 (113) (3) (106) Net cash from (used in) financing activities (1,334) (1,438) 201 V. EFFECT OF EXCHANGE RATE CHANGES (47) (33) 27 NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (1+11+111+1V+V) (53) (393) CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 14.1 3,390 3,783 2,916 CASH AND CASH EQUIVALENTS AT END OF PERIOD 14.1 3,337 3,390 3,783 TOTAL TAX PAID (2,529) (2,376) (1,955) The cash impact of non current valable for sale financial assets used to hedge ret financial debe see Ncht 183 s presented under "w. Financing activities as "Purchase and proceeds from tale of current avaible for sale financial assets The distribution in ind of Hermis shares in 2014 had no impact on cash apart from related taxelects. See Note 867

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