Part F: Shareholders' Equity and Additional Financial Reporting Issues F1. Locate Note 28.5 in AF's financial statements. What items comprise "Reserves and retained earnings," as reported in the balance sheet? F2. In its presentation of the components of the balance sheet, which is listed first, current assets or non-current assets? Does this approach differ from U.S. GAAP? F3. In its presentation of the components of the balance sheet, which is listed first, current liabilities or non-current liabilhies? Does this approach differ from U.S. GAAP? F4. In its presentation of the components of the balance sheet, which is listed first, liabilities or shareholders' equity? Does this approach differ from U.S. GAAP? F5. Note 14 in the financial statements provides information on the calculation of earnings per share: a. Based on the information provided, what was diluted earnings per share for 2019 ? b. Using the information provided by the note, infer the reason for the 6 million "Consequence of potential ordinary shares on net income." F6. Refer to AF's disclosure notes, in particular Note 2, "Restatement of Accounts 2018." Was the first of the two changes described in the note a change in estimate, a change in principle, a change in reporting entity, or an error correction? F7. Is this the same approach AF would follow if using U.S. GAAP? F8. In its statement of cash flows, what are the three primary classifications into which AF's cash inflows and cash outflows are separated? F9. Is this classification the same as or different from cash flow statements prepared in accordance with U.S. GAAP? F10. In which classification are cash inflows from dividends included in AF's cash flow statements? F11. Is this classification different from cash flow statements prepared in accordance with U.S. GAAP? F12. In Note 36.1, "Risk Management," and Note 36.2, "Derivative Instruments," AF discusses its various risk exposures and strategies to reduce its exposure to such risks. Based on the detailed disclosures in Note 36.2, what are the three largest risk exposures (based on the fair value of its derivative instruments)? For each risk exposure, list one derivative instrument it uses to hedge that risk. F13. Per Note 36.2, what is the fair value of AF's derivative instruments on the balance sheet? (Hint: This information is also provided 475 of 560 Weighted average number of: - Ordinary shares issued - Treasury stock held regarding stock option plan - Other treasury stock Number of shares used to calculate basic earnings per share OCEANE conversion \begin{tabular}{rr} 428,634,035 & 428,634,035 \\ (1,116,420) & (1,116,420) \\ (85,151) & (85,151) \\ \hline 427,432,464 & 427,432,464 \\ 455,334,24927,901,785 & - \\ \hline \end{tabular}