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Prepare a common size balance sheet for the following Omani Qatari Telecommunications Company SAOG Parent Company and consolidated statement of financial position as at 31
Prepare a common size balance sheet for the following
Omani Qatari Telecommunications Company SAOG Parent Company and consolidated statement of financial position as at 31 December Parent Company 2017 ASSETS RO'000 RO'000 RO000 RO000 Non current assets Property and equipment Licence fee Other intangible assets Investment in a subsidiary Positive fair value of derivatives Deferred tax asset Total non-current assets 304,115 10 278,703 304,115 278,928 31,628 25,974 1IA 13,524 255 25 255 255 25 320,644 339,885 320,614 Current assets 744 42,099 41,735 42,099 15,761 Receivables and prepayments Bank balances and cash Total current assets TOTAL ASSETS 13 94 33,47658 604 77.205 33,344 97.698 EQUITY AND LIABILITIES Capital and reserves Share capital Statutory reserve Hedging reserve Retained earnings 65,094 65,094 65,094 14 15 65,094 21,698 21,698 1526751 148.808 239,488 235,600 239,374 235,600 21 21 148808152.30 Equity attributable to the shareholders of the Parent Company Non-controlling interests Total equity and non-controlling interests 239,488 235 600 239509 235,600 Non-current liabilities Interest bearing borrowings Site restoration provision Employee benefits Total non-current liabilities 12,700 12,700 5,175 5,175 2.231 20,327 19 12,602 Current liabilities Payables and accruals Interest bearing borrowings Deferred revenue Income tax paya Total current liabilities 102,193 21,700 18,376 8,018 137,883 150,287 137,983 150,287 20 102,513 102,193 102,613 10,783 16,953 10,783 18,376 8018 158,310 162,889 Total liabilities TOTAL EQUITY AND LIABILITIES Net assets per share 397,698 398,489 398,489 0.362 Step by Step Solution
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