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Questions are below. Balance Sheet; All values USD Millions. 2021 ST Debt & Current Portion LT Debt 17,141 Short Term Debt 7,449 Current Portion of

Questions are below.

Balance Sheet; All values USD Millions. 2021

ST Debt & Current Portion LT Debt 17,141

Short Term Debt 7,449

Current Portion of Long Term Debt 9,692

Accounts Payable 54,763

Other Current Liabilities 53,577

Miscellaneous Current Liabilities 53,577

Total Current Liabilities 125,481

Long-Term Debt 119,381

Long-Term Debt excl. Capitalized Leases 109,106

Non-Convertible Debt 109,106

Capitalized Lease Obligations 769

Provision for Risks & Charges 24,689

Deferred Taxes - Deferred Taxes - Credit - Other Liabilities 18,361

Other Liabilities (excl. Deferred Income) 18,361

Deferred Income - Total Liabilities 287,912

Common Equity (Total) 63,090

Common Stock Par/Carry Value 57,365

Retained Earnings 5,562

Cumulative Translation Adjustment/Unrealized For. Exch. Gain - Unrealized Gain/Loss Marketable Securities - Other Appropriated Reserves 163

Total Shareholders' Equity 63,090

Total Equity 63,090

Liabilities & Shareholders' Equity 351,002

Fiscal year is October-September. All values USD Millions. 2021

Net Income before Extraordinaries 94,680

Depreciation, Depletion & Amortization 11,284

Depreciation and Depletion 11,284

Deferred Taxes & Investment Tax Credit (4,774)

Deferred Taxes (4,774)

Other Funds 7,759

Funds from Operations 108,949

Changes in Working Capital (4,911)

Receivables (14,028)

Inventories (2,642)

Accounts Payable 12,326

Other Assets/Liabilities (567)

Net Operating Cash Flow 104,038

Net Income before Extraordinaries 94,680

Depreciation, Depletion & Amortization 11,284

Depreciation and Depletion 11,284 Deferred Taxes & Investment Tax Credit (4,774)

Deferred Taxes (4,774)

Other Funds 7,759

Funds from Operations 108,949

Changes in Working Capital (4,911)

Receivables (14,028)

Inventories (2,642)

Accounts Payable 12,326

Other Assets/Liabilities (567)

Net Operating Cash Flow 104,038

All values USD Millions. 2021 Capital Expenditures (11,085)

Capital Expenditures (Fixed Assets) (11,085)

Net Assets from Acquisitions (33)

Purchase/Sale of Investments (2,819)

Purchase of Investments (109,689)

Sale/Maturity of Investments 106,870

Other Uses (608)

Other Sources - Net Investing Cash Flow (14,545)

Financing Activities All values USD Millions. 2021

Cash Dividends Paid - Total (14,467)

Common Dividends (14,467)

Change in Capital Stock (84,866)

Repurchase of Common & Preferred Stk. (85,971)

Sale of Common & Preferred Stock 1,105 Proceeds from Stock Options 1,105

Issuance/Reduction of Debt, Net 12,665

Change in Current Debt 1,022

Change in Long-Term Debt 11,643

Issuance of Long-Term Debt 20,393

Reduction in Long-Term Debt (8,750)

Other Funds (6,685)

Other Uses (6,685)

Other Sources - Net Financing Cash Flow (93,353)

Net Change in Cash (3,860)

Give an Estimated required return on the company's stock use (CAPM

What is the Stock Valuation?

Choose a method such as FCF value with or without constant growth.

Please Show Calculations, and thank you.

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