Question

Information provided... Income statement

Balance sheet

Financial summary

Instructions: Use the company's financial statements and notes to the financial statements to answer the following questions. a. What were the total cost and book value of property, plant, and equipment at the end of selected year? b. What method or methods of depreciation are used by your selected company for financial reporting purposes? c. Make depreciation schedules by using all depreciation methods used by your company, using financial report d. What was the amount of depreciation and amortization expense for the 5 years? e. Using the statement of cash flows, what are the amounts of property, plant, and equipment purchased (capital expenditures) in financial report? f. Explain how your selected company accounted for its intangible assets in financial year. ICI Income Statement i Annual Quarterly Collapse All Period Ending 2020 30/09 2020 30/06 2020 31/03 2019 31/12 Total Revenue 14465.48 10710.59 14801.15 15228.53 Revenue 14465.48 10710.59 14801.15 15228.53 11654.83 8863.89 11693.05 12114.53 2810.65 1846.7 3108.09 3114 10231.64 13218.42 13009.16 1354 33 13409.58 1367 75 1525.37 1295.05 Other Revenue, Total Cost of Revenue, Total Gross Profit Total Operating Expenses Selling/General Admin Expenses, Total Research & Development Depreciation / Amortization Interest Expense (Income) - Net Operating Unusual Expense (Income) Other Operating Expenses, Total Operating Income Interest Income (Expense). Net Non-Operating Gain (LOSS) on Sale of Assets Other, Net 1456.32 478 95 1818.95 - 193 24 1582.72 -802.05 -393.67 -314.69 -70.46 11.31 -93.28 Net Income Before Taxes Provision for Income Taxes 1192.62 96.59 -22.84 757.84 286.54 1410.99 306.94 52.01 Net Income After Taxes 400.76 885.68 44.58 471.3 1010.22 99.04 99.68 60.39 5.8 Minority Interest Equity In Affiliates US GAAP Adjustment Net Income Before Extraordinary Items Total Extraordinary Items 984.72 144.26 531.68 1016 02 US GAAP Adjustment 984.72 144.26 531.68 1016.02 Net Income Before Extraordinary Items Total Extraordinary Items Net Income 984.72 144.26 531.68 1016.02 984.72 144.26 531.68 1016.02 Total Adjustments to Net Income Income Available to Common Excluding Extraordinary Items Dilution Adjustment Diluted Net Income 984.72 144.26 531.68 1016.02 92.38 92.36 92.31 92.37 10.66 1.56 5.76 11 Diluted Weighted Average Shares Diluted EPS Excluding Extraordinary Items DPS - Common Stock Primary Issue Diluted Normalized EPS 5 11 10.66 1.56 11 5.76 Period Ending 2020 30/09 2020 30/06 2020 31/03 2019 31/12 Total Current Assets Cash and Short Term Investments 18199.68 19372.04 21840.82 20345.83 401.94 549.56 755.57 766.68 Cash 401.94 549.56 755.57 766.68 6663.6 7130.36 8311.28 7045.95 Cash & Equivalents Short Term Investments Total Receivables, Net Accounts Receivables - Trade, Net Total Inventory Prepaid Expenses Other Current Assets, Total 2266.73 2386.12 3391.84 2407.93 10591.09 11278.24 12148.72 11952.97 543.05 413.88 625.25 580.23 Total Assets 48385 46970.35 25260.59 50297.95 25631.08 25281.73 25715.63 26418.31 26436.47 51141.68 25909.16 25939.69 -30.53 206.37 1494.35 -21.14 -84.55 - 18.16 206.37 206.37 206.37 1494.94 1498.06 1484.53 1212.33 1109.29 1120.83 1264.22 558.5 530.12 524.3 531.36 Property/Plant/Equipment, Total - Net Property/Plant/Equipment, Total - Gross Accumulated Depreciation, Total Goodwill, Net Intangibles, Net Long Term Investments Note Receivable - Long Term Other Long Term Assets. Total Other Assets. Total Total Current Liabilities Accounts Payable Payable/Accrued Accrued Expenses Notes Payable/Short Term Debt Current Port of LT Debt Capital Leases Other Current liabilities. Total 37.94 38.05 45.85 47.34 13509.83 15296.92 18368 29 16505.96 8374.6 8638.94 9136.96 9138.67 235.65 297.75 445.12 2664.29 4898.67 2077 37 345.37 7206.58 1590.85 88.53 5218.32 1621.68 1373.23 157.91 88.32 82.15 Total Liabilities 95427 Total Liabilities 25439.73 30271.72 28787.58 8837.88 27377.31 8969.04 8715.45 8619.99 9094.75 Total Long Term Debt Long Term Debt Capital Lease Obligations Deferred Income Tax 8599.48 8441.36 8916.1 238.39 253.59 178,62 178,66 1286.45 1480.47 1562.42 1637.07 1662.13 1516.17 1615.86 1431.25 143.43 114.7 105.17 118.56 21530.62 21007,7 20869.96 21510.37 923.59 923.59 923.59 923.59 Minority Interest Other Liabilities, Total Total Equity Redeemable Preferred Stock, Total Preferred Stock - Non Redeemable, Net Common Stock, Total Additional Paid-In Capital Retained Earnings (Accumulated Deficit) Treasury Stock - Common ESOP Debt Guarantee Unrealized Gain (Loss) Other Equity, Total Total Liabilities & Shareholders' Equity Total Common Shares Outstanding Total Preferred Shares Outstanding 19937.91 19410.99 19258.75 19757.32 669.12 673.12 687.62 706.96 122.5 46970.35 48385 51141.68 50297.95 92.36 92.36 92.36 92.36 * In Millions of PKR (except for per share items) ICI Financial Summary i For the three months ended 30 September 2020, ICI Pakistan Limited revenues decreased less than 1% toPKR14 47B Net income increased 18% to PKR984.7M. Revenuesreflect Others segment increase of 36% to PKR275.1M, alsoreflect Polyester segment decrease of 6% to PKR5 48B, SodaAsh segment decrease of 5% to PKR3.85B, General Chemicalssegment decrease of 9% to PKR2B