Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

What are the Current Assets and Current Liabilities in the following Consolidated Statements of Financial Position/Balance Sheets: (Attached are the pictures of the two balance

What are the Current Assets and Current Liabilities in the following Consolidated Statements of Financial Position/Balance Sheets: (Attached are the pictures of the two balance sheets. NOTE WELL: two DIFFERENT companies, two DIFFERENT balance sheets)

Balance sheet 1:

image text in transcribed

Balance Sheet 2:

image text in transcribed

Consolidated Statement of Financial Position As at October 31, (Expressed in thousands of United States dollars) Notes 2016 2015 Cash and balances with Central Banks Due from banks Derivative financial instruments Other assets Taxation recoverable Investment securities Loans and advances to customers Property and equipment Deferred tax assets Retirement benefit assets Intangible assets 962,602 1,035,980 8,889 58,912 24,044 2,202,593 6,212,267 153,922 10,674 76,821 218,961 $ 10,965,665 902,602 789,179 7,936 66,044 26,084 2,331,012 6,005,021 139,701 14,183 39,913 218,961 S10,540,636 148,717 S10,689,353 10 12 14 15 16 18 Assets of disposal group Total assets classified as discontinued operations 31 $ 10,965,665 Liabilities Derivative financial instruments Customer deposits Other liabilities Taxation payable Deferred tax liabilities Debt securities in issue Retirement benefit obligations 51,890 9,155,510 145,072 8,879 7,651 198,297 22,973 $9,590,272 58,964 8,698,750 159,106 5,167 6,741 208,890 37,518 $9,175,136 133,616 $9,308,752 12 21 classified as discontinued operations 31 Liabilities of dis Total liabilities $9,590,272 Equity attributable to equity holders of the parent Issued capital Reserves Retained earnings $1,193,149 (243,062) 397,159 1,347,246 28,147 1,375,393 $ 10,965,665 $1,193,149 (273,471) 434,925 1,354,603 25,998 23 24 Non-controlling interests Total equit Total liabilities and equity 10,689,353

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

L A -r- P[N]

Answered: 1 week ago