QUESTION TO PAWANSUTHAR: PLEASE HELP IN HOMEWORK I TRIED MY BEST!!!!

Analyse the sources of finance for each of the two companies in 2018, as compared to 2017. Use two capital structure ratios(Debt Ratio and Interest Coverage Ratio) to support your answer and provide an explanation regarding the changes in the composition of the sources of finance for each enterprise.

Angs Singh Angs Singh 2020-07-30T05:33:40Z 16.00 6820 19200 32767 32767 1 False False ASX Code Company Name Item 06/17 06/18 FRM Farm Pride Foods Limited Operating Revenue 97576000 85577000 FRM Farm Pride Foods Limited Other Revenue 202000 539000 FRM Farm Pride Foods Limited Total Revenue Excluding Interest 97778000 86116000 FRM Farm Pride Foods Limited Operating Expenses -82065000 -80730000 FRM Farm Pride Foods Limited EBITDA 15713000 5386000 FRM Farm Pride Foods Limited Depreciation -3331000 -3762000 FRM Farm Pride Foods Limited Amortisation 0 0 FRM Farm Pride Foods Limited Depreciation and Amortisation -3331000 -3762000 FRM Farm Pride Foods Limited EBIT 12382000 1624000 FRM Farm Pride Foods Limited Interest Revenue 0 0 FRM Farm Pride Foods Limited Interest Expense -150000 -331000 FRM Farm Pride Foods Limited Net Interest Expense -150000 -331000 FRM Farm Pride Foods Limited PreTax Profit 12232000 1293000 FRM Farm Pride Foods Limited Tax Expense -3751000 -355000 FRM Farm Pride Foods Limited Net Profit after Tax Before Abnormals 8481000 938000 FRM Farm Pride Foods Limited Abnormals 0 -435000 FRM Farm Pride Foods Limited Abnormals Tax 0 0 FRM Farm Pride Foods Limited Net Abnormals 0 -435000 FRM Farm Pride Foods Limited Reported NPAT After Abnormals 8481000 503000 FRM Farm Pride Foods Limited Outside Equity Interests 0 0 FRM Farm Pride Foods Limited Shares Outstanding at Period End 55180175 55180175 FRM Farm Pride Foods Limited Weighted Average Number of Shares 55180175 55180175 FRM Farm Pride Foods Limited EPS Adjusted (cents/share) 15.37 1.7 FRM Farm Pride Foods Limited EPS After Abnormals (cents/share) 15.37 0.91 3 11 2 False False ASX Code Company Name Item 06/17 06/18 FRM Farm Pride Foods Limited CA - Cash 8038000 7000 FRM Farm Pride Foods Limited CA - Receivables 9335000 8355000 FRM Farm Pride Foods Limited CA - Prepaid Expenses 1045000 1359000 FRM Farm Pride Foods Limited CA - Inventories 4572000 6919000 FRM Farm Pride Foods Limited CA - Investments 0 0 FRM Farm Pride Foods Limited CA - NCA Held Sale 0 0 FRM Farm Pride Foods Limited CA - Other 7730000 9370000 FRM Farm Pride Foods Limited Total Current Assets 30720000 26010000 FRM Farm Pride Foods Limited NCA - Receivables 0 0 FRM Farm Pride Foods Limited NCA - Inventories 422000 416000 FRM Farm Pride Foods Limited NCA - Investments 0 0 FRM Farm Pride Foods Limited NCA - PP&E 30282000 46649000 FRM Farm Pride Foods Limited NCA - Intangibles(ExGW) 0 0 FRM Farm Pride Foods Limited NCA - Goodwill 0 0 FRM Farm Pride Foods Limited NCA - Future Tax Benefit 859000 884000 FRM Farm Pride Foods Limited NCA - Other 0 0 FRM Farm Pride Foods Limited Total NCA 31563000 47949000 FRM Farm Pride Foods Limited Total Assets 62283000 73959000 FRM Farm Pride Foods Limited CL - Account Payable 11996000 12626000 FRM Farm Pride Foods Limited CL - Short-Term Debt 327000 1970000 FRM Farm Pride Foods Limited CL - Provisions 3172000 1937000 FRM Farm Pride Foods Limited CL - NCL Held Sale 0 0 FRM Farm Pride Foods Limited CL - Other 0 0 FRM Farm Pride Foods Limited Total Curr. Liabilities 15495000 16533000 FRM Farm Pride Foods Limited NCL - Account Payable 0 0 FRM Farm Pride Foods Limited NCL - Long-Term Debt 5000 10053000 FRM Farm Pride Foods Limited NCL - Provisions 143000 230000 FRM Farm Pride Foods Limited NCL - Other 0 0 FRM Farm Pride Foods Limited Total NCL 148000 10283000 FRM Farm Pride Foods Limited Total Liabilities 15643000 26816000 FRM Farm Pride Foods Limited Share Capital 29578000 29578000 FRM Farm Pride Foods Limited Reserves 0 0 FRM Farm Pride Foods Limited Retained Earnings 17062000 17565000 FRM Farm Pride Foods Limited Other Equity 0 0 FRM Farm Pride Foods Limited Convertible Equity 0 0 FRM Farm Pride Foods Limited SE Held Sale 0 0 FRM Farm Pride Foods Limited Outside Equity -- -- FRM Farm Pride Foods Limited Total Equity 46640000 47143000 12 3 30 2 False False ASX Code Company Name Item 06/17 06/18 FRM Farm Pride Foods Limited Receipts from Customers 96925000 87276000 FRM Farm Pride Foods Limited Payments to Suppliers and Employees -84348000 -84140000 FRM Farm Pride Foods Limited Dividends Received 0 0 FRM Farm Pride Foods Limited Interest Received 73000 43000 FRM Farm Pride Foods Limited Interest Paid -150000 -331000 FRM Farm Pride Foods Limited Tax Paid -4839000 -2343000 FRM Farm Pride Foods Limited Other Operating Cashflows 0 0 FRM Farm Pride Foods Limited Net Operating Cashflows 7661000 505000 FRM Farm Pride Foods Limited Payment for Purchase of PPE -2288000 -13424000 FRM Farm Pride Foods Limited Proceeds From Sale of PPE 21000 0 FRM Farm Pride Foods Limited Investments Purchased 0 0 FRM Farm Pride Foods Limited Proceeds From Sale of Investments 0 0 FRM Farm Pride Foods Limited Payments for Purchase of Subsidiaries 0 -6616000 FRM Farm Pride Foods Limited Proceeds from Sale of Subsidiaries 0 0 FRM Farm Pride Foods Limited Loans Granted 0 0 FRM Farm Pride Foods Limited Loans Repaid 0 0 FRM Farm Pride Foods Limited Other Investing Cashflows 0 0 FRM Farm Pride Foods Limited Net Investing Cashflows -2267000 -20040000 FRM Farm Pride Foods Limited Proceeds from Issues 0 0 FRM Farm Pride Foods Limited Proceeds from Borrowings 0 10000000 FRM Farm Pride Foods Limited Repayment of Borrowings 0 0 FRM Farm Pride Foods Limited Dividends Paid 0 0 FRM Farm Pride Foods Limited Other Financing Cashflows -794000 -322000 FRM Farm Pride Foods Limited Net Financing Cashflows -794000 9678000 FRM Farm Pride Foods Limited Net Increase in Cash 4600000 -9857000 FRM Farm Pride Foods Limited Cash at Beginning of Period 3438000 8038000 FRM Farm Pride Foods Limited Exchange Rate Adj 0 0 FRM Farm Pride Foods Limited Other Cash Adjustments 0 0 FRM Farm Pride Foods Limited Cash at End of Period 8038000 -1819000 False False ASX Code Company Name Item 06/17 06/18 FRM Farm Pride Foods Limited Shares Outstand. (EOP) 55180175 55180175 FRM Farm Pride Foods Limited Weighted Avg. Shares 55180175 55180175 FRM Farm Pride Foods Limited EPS Bef. Abs 15.3697 0.91159999999999997 FRM Farm Pride Foods Limited EPS Aft. Abs. 15.37 0.91 FRM Farm Pride Foods Limited Dilution Factor -- -- FRM Farm Pride Foods Limited Cumulative 1 1 FRM Farm Pride Foods Limited Reportd EPS Bef. Abs.Adj 15.37 1.7 FRM Farm Pride Foods Limited DPS - Adj Ex. Special 0 0 FRM Farm Pride Foods Limited DPS - Adj. 0 0 FRM Farm Pride Foods Limited Interim Div - Ordinary 0 0 FRM Farm Pride Foods Limited Interim Franking - Ord (%) -- -- FRM Farm Pride Foods Limited Gross Interim Div - Ord 0 0 FRM Farm Pride Foods Limited Final Dividend - Ordinary 0 0 FRM Farm Pride Foods Limited Final Franking - Ordinary (%) -- -- FRM Farm Pride Foods Limited Gross Final Div - Ord 0 0 FRM Farm Pride Foods Limited Special Dividend - Ord -- -- FRM Farm Pride Foods Limited Special Franking - Ord (%) -- -- FRM Farm Pride Foods Limited Gross Special Div - Ord 0 0 FRM Farm Pride Foods Limited Total Div - Ex. Special -- -- FRM Farm Pride Foods Limited Total Div - Inc. Special -- -- FRM Farm Pride Foods Limited Total Franking - Ex. Spec -- -- FRM Farm Pride Foods Limited Total Franking - Inc. Spec (%) -- -- FRM Farm Pride Foods Limited Total Gross Div- Ex.Spec 0 0 FRM Farm Pride Foods Limited Total Gross Div- Inc.Spec 0 0 FRM Farm Pride Foods Limited Tax Rate (%) 30.67 27.46 FRM Farm Pride Foods Limited Corporate Tax Rate (%) 30 30 FRM Farm Pride Foods Limited Payout Ratio Ex. Special (%) 0 0 FRM Farm Pride Foods Limited Payout Ratio (%) 0 0 FRM Farm Pride Foods Limited Dividend Yield (%) 0 0 FRM Farm Pride Foods Limited Dividend Yield Ex. Spec (%) 0 0 FRM Farm Pride Foods Limited Dividend Cover (%) -- -- FRM Farm Pride Foods Limited Gross Div. Yield (%) 0 0 FRM Farm Pride Foods Limited Gross Div. Yield Ex. Spec (%) 0 0 False False ASX Code Company Name Year Data Set Items Item BreakDown Values Tax Notes FRM Farm Pride Foods Limited 06/2018 Revenue Operating Revenue (sales) Sale of goods 85577000 FRM Farm Pride Foods Limited 06/2018 Revenue Other Non-Operating Revenue (ordinary activities) Other income 539000 FRM Farm Pride Foods Limited 06/2018 Expense Expenses related to pension plan Employee superannuation contributions -1024000 FRM Farm Pride Foods Limited 06/2018 Expense Loss/(Gain) on sales of PPE Net loss on disposal of property, plant and equipment -3000 FRM Farm Pride Foods Limited 06/2018 Expense Foreign Exchange Loss/(Gain) Foreign exchange translation loss -11000 FRM Farm Pride Foods Limited 06/2018 Expense Cost of Goods Sold Changes in inventories of finished goods and work in progress 2347000 FRM Farm Pride Foods Limited 06/2018 Expense Materials and other input costs Raw materials and consumables used -62816000 FRM Farm Pride Foods Limited 06/2018 Expense Staff and Employee Expenses Salaries and wages -12756000 FRM Farm Pride Foods Limited 06/2018 Expense Operating lease expense Operating lease rentals -3492000 FRM Farm Pride Foods Limited 06/2018 Expense Directors' Remuneration Directors' remuneration -561313 FRM Farm Pride Foods Limited 06/2018 Expense Audit Fee Paid by Consolidated Entity to Main Auditor including related firms Ernst & Young - An audit or review of the financial report of the entity and any other entity in the consolidated entity -124500 FRM Farm Pride Foods Limited 06/2018 Expense Audit Fee for Non-audit Paid by Consolidated Entity to Main Auditor including related firms Ernst & Young - Taxation services -12000 FRM Farm Pride Foods Limited 06/2018 Expense Other Operating Expenses Fair value movement in poultry -11094000 FRM Farm Pride Foods Limited 06/2018 Expense Other Operating Expenses Other expenses -6916000 FRM Farm Pride Foods Limited 06/2018 Expense Depreciation Depreciation of Plant & equipment -2807000 FRM Farm Pride Foods Limited 06/2018 Expense Depreciation Depreciation of Buildings -904000 FRM Farm Pride Foods Limited 06/2018 Expense Depreciation Depreciation of Land improvements -51000 FRM Farm Pride Foods Limited 06/2018 Non Recurring Transaction costs on Darling Downs acquisition -435000 0 -- FRM Farm Pride Foods Limited 06/2017 Revenue Operating Revenue (sales) Sale of goods 97576000 FRM Farm Pride Foods Limited 06/2017 Revenue Other Non-Operating Revenue (ordinary activities) Other income 202000 FRM Farm Pride Foods Limited 06/2017 Expense Loss/(Gain) on sales of PPE Net loss on disposal of property, plant & equipment -4000 FRM Farm Pride Foods Limited 06/2017 Expense Foreign Exchange Loss/(Gain) Foreign exchange translation loss -2000 FRM Farm Pride Foods Limited 06/2017 Expense Cost of Goods Sold Changes in inventories of finished goods and work in progress 1150000 FRM Farm Pride Foods Limited 06/2017 Expense Materials and other input costs Raw materials and consumables used -63555000 FRM Farm Pride Foods Limited 06/2017 Expense Staff and Employee Expenses Salaries and wages -12035000 FRM Farm Pride Foods Limited 06/2017 Expense Staff and Employee Expenses Employee superannuation contributions -973000 FRM Farm Pride Foods Limited 06/2017 Expense Operating lease expense Operating lease rentals -3500000