You are required to obtain the 2020 Annual Report for JB Hi-Fi Limited (JBH) you have been assigned to work on. You must answer all questions in this Individual Assignment using the 2020 Annual Report of your company.

PART 1: Overview and background information

Use the annual report and other sources to provide an overview of the company. This must be written in your own words (no copying and pasting) using paragraphs rather than bullet points and correctly referenced as to where you found the information.

You should include information such as the following (but not limited to): a) Name of the company and the products/services it sells b) Business/industries it is involved in c) Locations in which the business operates

d) Number of branches/stores and staff

PART 2: Financial statements of the company

For your assigned company, take a screenshot of the statements listed below from the Annual Report and include them in your document. Your statements should show comparative figures for the current and previous financial years. Please note this is one statement showing both years, not two. Be sure that each report has a heading that shows the company name. A statement without a heading is meaningless.

a) Income Statement (Statement of Profit or Loss) b) Balance Sheet (Statement of Financial Position) c) Statement of Changes in Equity d) Statement of Cash Flows

Use a tool such as the Windows Snip & Sketch tool to copy only the statements and paste them into your Word document. Ensure that what you provide is readable (refer to the video links provided on the use of the Snip & Sketch tool).

Using drawing tools, using appropriate colours and clearly highlight the following for the current year (2020) and previous year (2019):

2.1 Income Statement

a)Total revenue (total revenue may not be shown as one item, so you may have to highlight more than one line item and calculate the total at the bottom of the statement). b)Total expenses (as for revenue, if total expenses are not listed you may need to highlight all expense items and calculate the total after the statement.)

c)Profit or (loss) after interest and tax

2.2 Balance Sheet

a) Total assets

b) Total liabilities

c) Total equity

2.3 Statement of Changes in Equity

a) The current year profit (the figure you found on the Income Statement) b) Retained earnings and total equity at the beginning of the period and at the end of the period

2.4 Statement of Cash Flows

a) Net Operating cash flows b) Net Investing cash flows c) Net Financing cash flows d) Net increase/decrease in cash and cash equivalents e) Cash and cash equivalents at the start and end of the period