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Namibia Outdoor Gear (Pyld (NOG) is a company which manufactures a variety of camping equipment. Nambi Waderness Adventurers Limited (NWA) is a listed company on

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Namibia Outdoor Gear (Pyld (NOG) is a company which manufactures a variety of camping equipment. Nambi Waderness Adventurers Limited ("NWA) is a listed company on the Namibian Stock Exchange interested in acquiring NOG, NWA has recently asked NOG to stopnice at they will be willing to the company. Since NOG is private company on has to perform. Your group has been hired to help NOG determine the price. The following information has been provided The extract from the statement of financial position on 28 February 2020 was as follows NS000 ASSETS Non-current assets Property 33 000 Plant and equipment 18 000 51 000 Current assets Inventory 2000 Debtors 4000 Cash and cash equivalent 2 000 B000 59000 Toalets EQUITY AND LIABILITIES Share capital (N$1 pal) Non-distributable reserve Retained income Ordinary shareholders equity Non-current liabilities 9% Preference shares Debentures 14 000 2000 3 000 19.000 16 000 20 000 35 000 Current liabilities Creditors 4 000 Total equity and 59 000 The following is an extract from the statement of comprehensive income of NOG (Pty) Lid for the past year ending 28 February 2020 as well as a forecast for the next three years Actual 2020 Budgeted 2021 2022 2923 N5000 N5000 NI000 32 100 37 330 43300 N5000 23310 Income 122 Operating coste Deprecation 13 792 15 729 3717 12 600 2001 TO O 2100 ortas Pet Tas 10 100 2101 120.20 2 21 181 3402 13 100 .: MTC - Wear Your Ma... 11:27 PM 25% 5

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