Statement of Financial Position Statement of Profit or Loss and Other Comprehensive Income Capital and reserves attributable to the Company's equity holders Share capital Hedge reserve Retained earnings Total equity 630 14 43983 150,054 Cost of sales Gross prefit 05112 Deferred income tax Total equity and non-curreat liabilities other operating Administrative expenes Operating loss/profit Finance income 7,872 Current assets 7414 Trade and other receivables Current iscone tax Cash at bank and in hand 38 573 34.14 6,857 28,808 5.183 19 (Less profit before income tas 5.601) Less Pofit for the year Other comprehensive income/ Closs) Current liabilities Trade and other payables 277 498 Items that may be subsequently reelassifind to profit er loss Net current liabilities (357-2775)(31.835) Cash flow hedge other comprehensive income/ Closs) for the year, net oftaN Total camprehensive loss the year income for 2016 and Refer the Financial Statements for National Breweries Plc. for the financial years, 2017 (Attached to this assignment). Use the financial statements provided to calculate and interpret the following ratios: Liquidity: current ratio and acid test ratio. Profitability: Return on Assets and Retun on Shareholder Equity. Activity ratios: Inventory Turnover and Total Assets Tumover ratios). Earnings per share for prefits attributable to the equity holders of the Company basie and uted (Kwacha per share Your interpretation of the ratios should include a definition of each ratio and an interpretation of the financial position of the company in relation to the calculated ratio. If there is eterioration in the performance, provide possible reasons for the deterioration and practical suggestions for improvement of the ratios. The sotes on pages 31 to 60 are an intlegral part of these financial stalements Statement of Financial Position Statement of Profit or Loss and Other Comprehensive Income Capital and reserves attributable to the Company's equity holders Share capital Hedge reserve Retained earnings Total equity 630 14 43983 150,054 Cost of sales Gross prefit 05112 Deferred income tax Total equity and non-curreat liabilities other operating Administrative expenes Operating loss/profit Finance income 7,872 Current assets 7414 Trade and other receivables Current iscone tax Cash at bank and in hand 38 573 34.14 6,857 28,808 5.183 19 (Less profit before income tas 5.601) Less Pofit for the year Other comprehensive income/ Closs) Current liabilities Trade and other payables 277 498 Items that may be subsequently reelassifind to profit er loss Net current liabilities (357-2775)(31.835) Cash flow hedge other comprehensive income/ Closs) for the year, net oftaN Total camprehensive loss the year income for 2016 and Refer the Financial Statements for National Breweries Plc. for the financial years, 2017 (Attached to this assignment). Use the financial statements provided to calculate and interpret the following ratios: Liquidity: current ratio and acid test ratio. Profitability: Return on Assets and Retun on Shareholder Equity. Activity ratios: Inventory Turnover and Total Assets Tumover ratios). Earnings per share for prefits attributable to the equity holders of the Company basie and uted (Kwacha per share Your interpretation of the ratios should include a definition of each ratio and an interpretation of the financial position of the company in relation to the calculated ratio. If there is eterioration in the performance, provide possible reasons for the deterioration and practical suggestions for improvement of the ratios. The sotes on pages 31 to 60 are an intlegral part of these financial stalements
