Part B (40 marks)

Refer to the 2017 annual report of JB Hi-Fi Limited on its website, www.jbhifi.com.au and answer the following questions:

1. What are the different types of revenues generated by the consolidated group?

2. How are the groups assets classified?

3. What are the major categories listed among the groups equity? How many ordinary

shares did JB Hi-Fi Limited have at the end of the financial year?

4. What is the groups current liability for dividends to ordinary shareholders? If you owned only 100 ordinary shares in JB Hi-Fi Limited, how much would you receive in dividends? If added the interim dividend, what is the current years total amount of

dividend per share? What is the Last years final dividend paid in the current period?

5. How do the dividends per share compare with the groups earnings per share (use

basic earnings per share)? What is the dividend payout ratio for current year?

Part C (40 marks)

Refer to the 2017 annual report of JB Hi-Fi Limited on its website, www.jbhifi.com.au and answer the following questions:

1. List the subsidiary companies in the JB Hi-Fi Group.

2. What is the value of the groups sales revenue for the current and previous years?

What has been the percentage change in sales revenue for the current year?

3. What is the groups final profit (after income tax) for the current and previous years?

What has been the percentage change in profit (after income tax) for the current year?

4. Compare the percentage change in (2) with the percentage change in (3). What

information does this comparison provide?

5. What is the total value of inventories on hand for both current and previous years?

What is the percentage change in inventory levels? How does this compare with the percentage change in sales revenue calculated in question (2)? Comment on any differences.

6. Calculate profit margin and inventory turnover, two profitability ratios for 2013.

Data use information https://www.jbhifi.com.au/Documents/2017%20Annual%20Report.pdf