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Old MathJax webview can you please do questions 1 to 3 thanks Consolidated Income Statements for the year ended 28 March 2020 Group Company R'm

Old MathJax webview

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can you please do questions 1 to 3 thanks

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Consolidated Income Statements for the year ended 28 March 2020 Group Company R'm Notes 2020 2019 2020 2019 3 Continuing operations Revenue Retall sales and other revenue Retail sales Interest on trade receivables 23 030 22 773 21 165 22 558 22 334 22385 22 125 20 572 371 22 023 21 797 20 338 20 850 373 373 371 185 Income from consolidated entities Premium Income Club tees 247 155 244 27 257 27 780 261 23 677 150 224 499 Airtime and related mobile revenue Other revenue Finance Interest Income 599 157 181 257 124 226 260 18 807 Costs and expenses Cost of sales Soiling exponses Administrative and other operating expenses 12 890 4 519 18 3619 12 284 4.675 18-364 12 747 4 119 1 498 17 929 12 207 4271 1 398 1 410 1451 3 966 3 761 33868 (418) 13) Profit from operating activities Finance costs Finance interest income (457) 257 3 965 Tay 224 4 185 260 226 3766 3 603 4091 Profit before taxation 26 1 053 1176 1 035 2568 1 145 2 946 2.713 3 000 Taxation Net pront from continuing operations Discontinued operations Netloss from discontinued operations for the period Net profit for the period 16 12 2.982 2 704 2 568 2946 The financial statements for Mr Price Group Limited are attached. Only refer to the group figures and not the company figures. The year end is 28 March. You are required to do the financial analyses and financial ratio calculations indicated below. In your answers show your formulae, input numbers and calculations. Mr Price Group is an omni-channel fashion value retailer. The group retails apparel, homeware, and sportswear through owned and franchised stores. 1. The return on equity (RoE) for Mr Price had a material change from 2019 to 2020. Calculate the RoE for each year. (At the end of this Section you will be required to use the results of your financial analyses and financial ratio calculations or other observations to unpack the factors that brought about the change). [2 marks] 2. Calculate the return on assets for each year [2 marks] 3. What has been the change in capital employed (fixed capital and working capital) from 2019 to 2020. [2 marks] Consolidated Statements of Financial Position as at 28 March 2020 Group Company Notes 2020 2019 2020 2019 2 655 2 117 2 629 2027 14 17 7110 2 137 4 362 490 423 15 32 18 23 27 6 687 2051 3 071 402 143 4 65 1 391 143 4 64 25 55 40 64 11 R'm Assets Non-current assets Property plant and equipment Right-of-use asset Intangible assets Consolidated entities Long-term receivables and other investments Defined benefit fund asset Deferred taxation assets Current assets Inventories Trade and other receivables Derivative financial instruments Reinsurance assets Current amounts owing by consolidated entities Taxation Cash and cash equivalents Non-current asset held for sale Total assets 8 9 19 11 32 13.3 12 10 244 2719 2 268 342 182 8 481 2 692 2 179 27 304 9 618 2 524 2 182 342 182 356 8 109 2 470 2 096 27 304 643 7 4 726 4 3 275 4032 2509 16 9 17 354 11 145 16 305 10738 9428 8 682 8 852 8 177 28 29 30 270 (2 222) 10 561 323 (2204) 10 041 316 (1 534) 10 545 (142) (4) 247 369 (1 474) 9902 (132) (3) 20 31 23 19 (4) 247 (3) 20 Equity and liabilities Equity attributable to equity holders of the parent Issued capital Capital reserves Treasury share transactions Retained Income Foreign currency translation reserve Defined benefit fund actuarial gains and losses Cash flow hedge reserve Total equity Non-current liabilities Lease obligations Lease liabilities Deferred taxation liabilities Long-term provisions Long-term liabattles Post retirement medical benefits 9428 8 682 8 852 8 177 1 4 032 3684 289 190 271 177 4 014 3 666 52 1 20 20 27 21 22 23 46 11 11 31 11 31 18 1B 1 1 3 894 2 296 2 174 1 920 3 768 2 225 2 290 1 850 10 19 11 32 21 46 46 46 46 207 Current liabilities Trade and other payables Derivative financial instruments Reinsurance liabilities Current amounts owing to consolidated entities Current provisions Current portion of lease obligations Current portion of lease liabilities Taxation Bank overdraft 68 13 33 29 20 20 13.3 12 1 027 525 917 513 37 125 33 125 7 926 17 354 2 463 11 145 7 452 16 305 2 561 10 738 Total liabilities Total equity and liabilities less than R1 million Re-presented for reclassifications

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