Question
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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