Select a New Zealand company listed on the NZX (New Zealand Stock Exchange) and find the latest annual report. Note: You cannot use the real life companies discussed in Module 5 for this question. Include the link of the annual report in your answer for reference. (a) Identify the name of the company, and the Profit before tax, Tax expense and Profit after tax numbers in the relevant financial statement. (b) In reality, Taxable profit in the tax return form may be different from the Profit before tax in the financial statement, and the difference arises from temporary differences. Explain what are temporary differences and why do they arise. (c) NZ business needs to follow NZ IAS 12 to recognise the Tax expense, which involves the preparation of Balance Sheet for tax purposes. Explain what is tax base and how is this calculated for an asset and a liability under NZ IAS 12. (Total Maximum words for Q1: 300 words)