Please answer all the ratios with their interpretation please answer complete question
STATEMENT OF FINANCIAL POSITION as at 31 December 2020 BD 000's BO 000 note 2020 2019 2018 ASSETS Intangible assets Equipment and vehicles 5.158 22.996 5,550 24, 156 5,977 5,818 5 Total non-current assets 28,154 29.706 11,796 Inventories Trade receivables Prepayments and other assets Due from related parties Balances with Group Treasury Cash and cash equivalents 7 8 22 22 9 344 1,568 431 1.174 29,106 1,184 327 1,437 508 1.260 21.549 3,109 335 1,665 724 784 19,668 3,998 Total current assets 33,807 28.190 27,174 Total assets 61,961 57,896 38,969 EQUITY AND LIABILITIES Equity Share capital Statutory reserve Retained earings 10 11 9,000 4,500 13,662 9,000 4.500 10,161 9,000 4,493 9,850 23,343 Total equity 27 162 23,661 Liabilities Lease liability Employees'indemnity payable 12 13 25,276 680 26,124 576 8,015 505 25,956 Total non-current liabilities 26,700 8,520 Trade and other payables Due to related parties Lease liability 14 22 12 7,245 376 1,222 6,043 395 1,097 6,572 359 175 Total current liabilities 8,843 7.535 7,106 Total liabilities 34,799 34 235 15,626 Total equity and liabilities 61,961 57.896 38,969 STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME for the year ended 31 December 2020 BD 000's BD 000's note 2020 2019 2018 Revenue Direct operating expenses 15 16 43,187 (14,385) 38,164 (13.409) 38.191 (13 870) Gross profit 28,802 24,755 24,321 Other operating income Gain on disposal of equipment and vehicles General and administrative expenses Other operating expenses 73 1 (3,891) (10.792) 77 19 (3,934) (9,469) 17 18 58 2 (3,325) (10 186) Operating profit 14,193 11,448 10,870 Finance income Finance expense 19 515 (1 849) 587 (1,850) Net finance costs (1,334) (1,263) 293 (703) 30 803 (410) Other income Profit for the year 13,662 10,185 10.460 Other comprehensive income 13,662 10,185 10,460 Total comprehensive income for the year Earnings per share Basic and diluted earnings per share (in fils) 20 152 113 116 STATEMENT OF CASH FLOWS for the year ended 31 December 2020 BD000's BD 000's note 2020 2019 2018 CASH FLOWS FROM OPERATING ACTIVITIES Profit for the year 13,662 10.185 10,460 4 5 Adjustments for Amortisation Depreciation Finance expense Fair value gain on derivative Gain on sale of equipment and vehicles 392 2,178 1,849 427 2.244 1,850 (29) (19) 427 1.444 703 (12) (1) (2) 8 74 Changes in: Inventories Trade receivables Prepayments and other receivables Trade and other payables Employee leaving indemnities (17) (165) 209 1,186 104 (16) (489) (160) (126) 136 (681) 71 19,385 14.053 12,376 (658) (7,557) 1 (556) (1.881) 19 (180) (9.399) 2 (8214) (2.418) (9.577) Net cash generated from operating activities CASH FLOWS FROM INVESTING ACTIVITIES Purchase of equipment and vehicles Balances with Group Treasury, net Proceeds from disposal of equipment and vehicles Net cash used in investing activities CASH FLOWS FROM FINANCING ACTIVITIES Payment of lease lability Payment of finance expenses Payment for purchase of treasury shares Proceeds from sale of treasury shares Dividend paid Net cash used in financing activities (1.110) (1.825) (140) (703) (922) (1.754) (700) 683 (9.831) (10.161) (13,096) (12,524) (843) Net decrease in cash and cash equivalents during the year Cash and cash equivalents at beginning of the year Cash and cash equivalents at end of the year (1,925) 3.109 (889) 3,998 1,956 2,042 1,184 3,109 3,998 audited financial statements of APM Terminals Bahrain's 1: (1) Income statement, (2) Balance Sheet, (3) Cash Flow, calculate the three last available years, i.e. 2018-2020 key financial ratio categories (Profitability, Liquidity & Working Capital, Efficiency Ratio and Leverage ratios) . Interpretation of financial ratios over 2018-2020 period the results of each category should be presented in a table followed by your interpretation of the results - do refer to the notes to accounts for activity details; this section should also include any concerns that you may have regarding the results and/or focused questions for areas that merit further investigation. Evaluate APM Terminals Bahrain's Competitive position (you may wish to refer Service sector in Bahrain Bourse for competitors' performance). Do you have sufficient information to arrive at a decision? If not, what are the available alternative sources of information/research? Summary and Conclusion - a summary of key facts/findings followed by your recommendation to establish a banking relationship with APM Terminals Bahrain, your conclusion must be supported by research included in the report . STATEMENT OF FINANCIAL POSITION as at 31 December 2020 BD 000's BO 000 note 2020 2019 2018 ASSETS Intangible assets Equipment and vehicles 5.158 22.996 5,550 24, 156 5,977 5,818 5 Total non-current assets 28,154 29.706 11,796 Inventories Trade receivables Prepayments and other assets Due from related parties Balances with Group Treasury Cash and cash equivalents 7 8 22 22 9 344 1,568 431 1.174 29,106 1,184 327 1,437 508 1.260 21.549 3,109 335 1,665 724 784 19,668 3,998 Total current assets 33,807 28.190 27,174 Total assets 61,961 57,896 38,969 EQUITY AND LIABILITIES Equity Share capital Statutory reserve Retained earings 10 11 9,000 4,500 13,662 9,000 4.500 10,161 9,000 4,493 9,850 23,343 Total equity 27 162 23,661 Liabilities Lease liability Employees'indemnity payable 12 13 25,276 680 26,124 576 8,015 505 25,956 Total non-current liabilities 26,700 8,520 Trade and other payables Due to related parties Lease liability 14 22 12 7,245 376 1,222 6,043 395 1,097 6,572 359 175 Total current liabilities 8,843 7.535 7,106 Total liabilities 34,799 34 235 15,626 Total equity and liabilities 61,961 57.896 38,969 STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME for the year ended 31 December 2020 BD 000's BD 000's note 2020 2019 2018 Revenue Direct operating expenses 15 16 43,187 (14,385) 38,164 (13.409) 38.191 (13 870) Gross profit 28,802 24,755 24,321 Other operating income Gain on disposal of equipment and vehicles General and administrative expenses Other operating expenses 73 1 (3,891) (10.792) 77 19 (3,934) (9,469) 17 18 58 2 (3,325) (10 186) Operating profit 14,193 11,448 10,870 Finance income Finance expense 19 515 (1 849) 587 (1,850) Net finance costs (1,334) (1,263) 293 (703) 30 803 (410) Other income Profit for the year 13,662 10,185 10.460 Other comprehensive income 13,662 10,185 10,460 Total comprehensive income for the year Earnings per share Basic and diluted earnings per share (in fils) 20 152 113 116 STATEMENT OF CASH FLOWS for the year ended 31 December 2020 BD000's BD 000's note 2020 2019 2018 CASH FLOWS FROM OPERATING ACTIVITIES Profit for the year 13,662 10.185 10,460 4 5 Adjustments for Amortisation Depreciation Finance expense Fair value gain on derivative Gain on sale of equipment and vehicles 392 2,178 1,849 427 2.244 1,850 (29) (19) 427 1.444 703 (12) (1) (2) 8 74 Changes in: Inventories Trade receivables Prepayments and other receivables Trade and other payables Employee leaving indemnities (17) (165) 209 1,186 104 (16) (489) (160) (126) 136 (681) 71 19,385 14.053 12,376 (658) (7,557) 1 (556) (1.881) 19 (180) (9.399) 2 (8214) (2.418) (9.577) Net cash generated from operating activities CASH FLOWS FROM INVESTING ACTIVITIES Purchase of equipment and vehicles Balances with Group Treasury, net Proceeds from disposal of equipment and vehicles Net cash used in investing activities CASH FLOWS FROM FINANCING ACTIVITIES Payment of lease lability Payment of finance expenses Payment for purchase of treasury shares Proceeds from sale of treasury shares Dividend paid Net cash used in financing activities (1.110) (1.825) (140) (703) (922) (1.754) (700) 683 (9.831) (10.161) (13,096) (12,524) (843) Net decrease in cash and cash equivalents during the year Cash and cash equivalents at beginning of the year Cash and cash equivalents at end of the year (1,925) 3.109 (889) 3,998 1,956 2,042 1,184 3,109 3,998 audited financial statements of APM Terminals Bahrain's 1: (1) Income statement, (2) Balance Sheet, (3) Cash Flow, calculate the three last available years, i.e. 2018-2020 key financial ratio categories (Profitability, Liquidity & Working Capital, Efficiency Ratio and Leverage ratios) . Interpretation of financial ratios over 2018-2020 period the results of each category should be presented in a table followed by your interpretation of the results - do refer to the notes to accounts for activity details; this section should also include any concerns that you may have regarding the results and/or focused questions for areas that merit further investigation. Evaluate APM Terminals Bahrain's Competitive position (you may wish to refer Service sector in Bahrain Bourse for competitors' performance). Do you have sufficient information to arrive at a decision? If not, what are the available alternative sources of information/research? Summary and Conclusion - a summary of key facts/findings followed by your recommendation to establish a banking relationship with APM Terminals Bahrain, your conclusion must be supported by research included in the report
