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What amounts were reported for the following items for the fiscal year ending December 31, 2013? All amounts represented in $millions. Find the following: a)

What amounts were reported for the following items for the fiscal year ending December 31, 2013? All amounts represented in $millions. Find the following: a) total revenues, b) income from current operations, c) net income or net loss (equity holders), d) total assets, e) total equity. What was the basic earnings or loss per shar for the fiscal year 2013? Use the following income statement and balance sheet information to find your solutions and explain how you got your solutions. Finally, what accounting principles were used to prepare these financial statements? Under those accounting principles, could this company's financial information differ from that of a company that exactly followed IFRS as published by the IASB? Explain all answers.

Consolidated Income Statement

2013 2012
Sales 25,520 25,423
other revenues 10 16
Revenues 25,530 25,439
External Expenses (15,997) (16,272)
Salaries and Related Costs (7,482) (7,662
Taxes other than income taxes (186) (184)
Amortization (1,566) (1,576)
Depreciation and Provisions (159) (154)
Other income and expenses (10) 73
Income from current operations 130 (336)
Sales of aircraft equipment (12) 8
Other non-current income and expenses (345) (403)
Income from operating activities (227) (731)
Cost of financial debt (481) (436)
Income from cash and cash equivalents 77 83
Net cost of financial debt (404) (353)
Other financial income and expenses 103 144
Income before tax (528) (940)
Income taxes (957) (17)
Net income of consolidated companies (1,485) (957)
Share of profits(losses) of associates (211) (66)
Net income from continuing operations (1,696) (1,023)
Net income from discontinued operations (122) (197)
Net income for the period (1,818) (1,220)
Equity holders (1,827) (1,225)
non controlling interest 9 5
Earnings per share-Equity holders
Basic and diluted (6.17) (4.14)
Net income from continuing operations-Equity holders
Basic and diluted (5.76) (3.47)
net income from discontinued operations-Equity holders
Basic and diluted (0.41) (0.67)
Infotmation Below Is Used for the Balance Sheet
Assets 2013 2012
Goodwill 237 252
Intangible Assets 896 842
Flight Equipment 9,391 10,048
Other property, plant and equipment 1,819 1,932
Investments in equity associates 177 381
Pension assets 2,454 2,477
Other financial assets 1,963 1,665
Deferred tax assets 436 1,392
Other non-current assets 113 152
Total non-current assets 17,486 19,141
Assets held for sale 91 7
Other short-term financial assets 1,031 933
Inventories 511 521
Trade accounts receivables 1,775 1,859
Income tax receivables 23 11
Other current assets 822 828
Cash and cash equivalents 3,684 3,420
Total current assets 7,937 7,579
Total equity 2,290 3,637
Total Non-current liabilities 12,273 13,256
Total current liabilities 10,860 9,827

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