PART 2: Financial statements of the company (JB hi-fi) For your assigned company, take a screenshot of the statements listed below from the Annual Report and include them in your report. Your statements should show comparative figures for the current and previous financial years. Please note this is one statement showing both years, not two. Be sure that each report has a heading that shows the company name. A statement without a heading is meaningless. a) Income Statement (Statement of Profit or Loss) b) Balance Sheet (Statement of Financial Position c) Statement of Changes in Equiity d) Statement of Cash Flows Use a tool such as the Windows Snip \& Sketch tool to copy only the statements and paste them into your Word document Ensure that what you provide is readable (reter to the video links provided via BUS103 Announcement on the use of the Snip & Sketch tool) Using drawing tools, using appropriate colours and clearly highlight the following for the current year (2022) and previous year (2021) 2.1 income statement a) Total revenue (total revenue may not be shown as one item, so you may have to highlight more than one-line hem and calculate the total at the bottom of the statement) b) Total expenses (as for revenue, if total expenses are not listed you may need to highlight all expense items and calculate the total after the statement.) c) Profit or (loss) after interest and tax BUS103 introduction to Accounting Page 3 Group Assignment 2.2 Balance Sheet a) Total assets b) Total liabilities c) Total equity 23 Statement of Changes in Equity a) The current year profit (the figure you found on the income Statement) b) Retained eamings and total equity at the beginning of the period and at the end of the period 2.4 Slatement of Cash Flows a) Net Operating cash flows b) Net investing cash fows c) Net Financing cast fows d) Net increasejdecrease in cash and cash equivalents e) Cash and cash equivalents at the start and and of the perod PART 2: Financial statements of the company (JB hi-fi) For your assigned company, take a screenshot of the statements listed below from the Annual Report and include them in your report. Your statements should show comparative figures for the current and previous financial years. Please note this is one statement showing both years, not two. Be sure that each report has a heading that shows the company name. A statement without a heading is meaningless. a) Income Statement (Statement of Profit or Loss) b) Balance Sheet (Statement of Financial Position c) Statement of Changes in Equiity d) Statement of Cash Flows Use a tool such as the Windows Snip \& Sketch tool to copy only the statements and paste them into your Word document Ensure that what you provide is readable (reter to the video links provided via BUS103 Announcement on the use of the Snip & Sketch tool) Using drawing tools, using appropriate colours and clearly highlight the following for the current year (2022) and previous year (2021) 2.1 income statement a) Total revenue (total revenue may not be shown as one item, so you may have to highlight more than one-line hem and calculate the total at the bottom of the statement) b) Total expenses (as for revenue, if total expenses are not listed you may need to highlight all expense items and calculate the total after the statement.) c) Profit or (loss) after interest and tax BUS103 introduction to Accounting Page 3 Group Assignment 2.2 Balance Sheet a) Total assets b) Total liabilities c) Total equity 23 Statement of Changes in Equity a) The current year profit (the figure you found on the income Statement) b) Retained eamings and total equity at the beginning of the period and at the end of the period 2.4 Slatement of Cash Flows a) Net Operating cash flows b) Net investing cash fows c) Net Financing cast fows d) Net increasejdecrease in cash and cash equivalents e) Cash and cash equivalents at the start and and of the perod
