Based on financial reports prepare ratio analysis and interpret the result of the Following ratios: B) Leverage : Debt to Total Assets Ratio, Debt to Equity Ratio

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Based on financial reports prepare ratio analysis and interpret the result of the Following ratios: B) Leverage : Debt to Total Assets Ratio, Debt to Equity Ratio
3
STATEMENT OF FINANCIAL POSITION
as at 31 December 2015
Parent Company
2015
RO'000
Consolidated
2015
Notes
2014
RO'000
2014
RO'000
ASSETS
Non-current assets
Property, plant and equipment
Investment in subsidiaries
Investment property
Goodwill
Other intangible assets
Investment in associated companies
Deferred tax
Other financial assets
RO'000
463,292
465,368
457,023
1,126
411,920
27,534
8.
140
9
10
11
23
12
28,105
3,896
9,072
52,990
24,418
3,896
3,552
45,225
28,625
9,381
9,072
53,470
87
14,735
30,067
9,399
12,581
45,875
552,212
516,545
563,980
578,112
Current assets
10,358
89,257
90,386
13,020
48,828
13
7,507
Inventories
Trade and other receivables
Other financial assets
Prepayments
Cash and bank balances
Receivable from subsidiaries
8,154
81,044
89,588
12,829
45,955
11,332
8,328
85,497
73,764
16,645
44,980
81,008
73,266
14
12
16,421
42,992
15
727
221,921
248,902
229,214
251,849
Assets of disposal group classified as held
for sale
4,213
Total assets
774,133
765,447
793,194
834,174
EQUITY AND LIABILITIES
Share capital
Legal reserve
Voluntary reserve
Capital contribution
Foreign currency translation reserve
Fair value reserve
Retained earnings
75,000
25,000
49,875
44,181
(19,208)
616
16
17
18
19
20
21
75,000
25,000
49,875
44,181
75,000
25,000
49,875
44,181
75,000
25,000
49,875
44,181
34
690
346,095
383,306
345,728
394,700
Attributable to equity holders of the
parent
Non-controlling interests
540,185
577,362
540,474
570,164
(35,107)
(92)
Total equity
540,185
577,362
505,367
570,072
LIABILITIES
Non-current liabilities
Borrowings
Deferred tax liability
Retirement benefit obligation
21,213
2,965
5,249
22
23
14,595
24
25
26
4,378
20,301
2,162
3,966
5,772
Provisions
Other liabilities
2,290
2,781
26,841
3,966
22,657
32,208
Current liabilities
Borrowings
Trade and other payables
Royalty payable
Тахation
23,057
190,595
33,611
17,907
14,305
166,237
31,543
22
27
28
155,589
33,611
17,907
132,767
31,543
19,809
19,809
207,107
184,119
265,170
231,894
Total liabilities
233,948
188,085
287,827
264,102
Total equity and liabilities
774,133
765,447
793,194
834,174
Net assets per share (RO)
29
0.720
0.770
0.721
0.760
The financial statements were approved and authorised for issue by the Board of Directors on 26 February 2016 and were signed
on their behalf by:
CHAIRMAN
DIRECTOR
CHIÈF EXECUTIVE OFFICER
The attached notes 1 to 51 form part of these financial statements.
Transcribed Image Text:3 STATEMENT OF FINANCIAL POSITION as at 31 December 2015 Parent Company 2015 RO'000 Consolidated 2015 Notes 2014 RO'000 2014 RO'000 ASSETS Non-current assets Property, plant and equipment Investment in subsidiaries Investment property Goodwill Other intangible assets Investment in associated companies Deferred tax Other financial assets RO'000 463,292 465,368 457,023 1,126 411,920 27,534 8. 140 9 10 11 23 12 28,105 3,896 9,072 52,990 24,418 3,896 3,552 45,225 28,625 9,381 9,072 53,470 87 14,735 30,067 9,399 12,581 45,875 552,212 516,545 563,980 578,112 Current assets 10,358 89,257 90,386 13,020 48,828 13 7,507 Inventories Trade and other receivables Other financial assets Prepayments Cash and bank balances Receivable from subsidiaries 8,154 81,044 89,588 12,829 45,955 11,332 8,328 85,497 73,764 16,645 44,980 81,008 73,266 14 12 16,421 42,992 15 727 221,921 248,902 229,214 251,849 Assets of disposal group classified as held for sale 4,213 Total assets 774,133 765,447 793,194 834,174 EQUITY AND LIABILITIES Share capital Legal reserve Voluntary reserve Capital contribution Foreign currency translation reserve Fair value reserve Retained earnings 75,000 25,000 49,875 44,181 (19,208) 616 16 17 18 19 20 21 75,000 25,000 49,875 44,181 75,000 25,000 49,875 44,181 75,000 25,000 49,875 44,181 34 690 346,095 383,306 345,728 394,700 Attributable to equity holders of the parent Non-controlling interests 540,185 577,362 540,474 570,164 (35,107) (92) Total equity 540,185 577,362 505,367 570,072 LIABILITIES Non-current liabilities Borrowings Deferred tax liability Retirement benefit obligation 21,213 2,965 5,249 22 23 14,595 24 25 26 4,378 20,301 2,162 3,966 5,772 Provisions Other liabilities 2,290 2,781 26,841 3,966 22,657 32,208 Current liabilities Borrowings Trade and other payables Royalty payable Тахation 23,057 190,595 33,611 17,907 14,305 166,237 31,543 22 27 28 155,589 33,611 17,907 132,767 31,543 19,809 19,809 207,107 184,119 265,170 231,894 Total liabilities 233,948 188,085 287,827 264,102 Total equity and liabilities 774,133 765,447 793,194 834,174 Net assets per share (RO) 29 0.720 0.770 0.721 0.760 The financial statements were approved and authorised for issue by the Board of Directors on 26 February 2016 and were signed on their behalf by: CHAIRMAN DIRECTOR CHIÈF EXECUTIVE OFFICER The attached notes 1 to 51 form part of these financial statements.
OMAN TELECOMMUNICATIONS COMPANY SAOC
STATEMENT OF INCOME 2015
Revenue
Wholesale revenu
503,659
odo Buueo
Marketing ar
Administrative expenses
Factoring, collection and e
Amortisation of intangible
Operating profit
135,48
Impairment insse
Reciassificatione
Finance incoeme
(60.396
Investment in
Voluntary employees' end of service
Other income - net
Profit before taxatio
Profit for the yea
Attributable to:
auny hosers o the parent
Profit for the year
Basic and diluted earnings per share (RO)
The attached notes 110 51 form par
OMAN TELECOMMUNICATIONS COMPANY SAOG
STATEMENT OF OTHER COMPREHENSIVE INCOME
Parent Company
Consolidater
RO 00
Profit for the year
19,434
Exchange difference
n translation of
1.318
in available for sale
the year attributable to:
Fguny holders of the pare
|川
*| * | ||
其第7
Transcribed Image Text:OMAN TELECOMMUNICATIONS COMPANY SAOC STATEMENT OF INCOME 2015 Revenue Wholesale revenu 503,659 odo Buueo Marketing ar Administrative expenses Factoring, collection and e Amortisation of intangible Operating profit 135,48 Impairment insse Reciassificatione Finance incoeme (60.396 Investment in Voluntary employees' end of service Other income - net Profit before taxatio Profit for the yea Attributable to: auny hosers o the parent Profit for the year Basic and diluted earnings per share (RO) The attached notes 110 51 form par OMAN TELECOMMUNICATIONS COMPANY SAOG STATEMENT OF OTHER COMPREHENSIVE INCOME Parent Company Consolidater RO 00 Profit for the year 19,434 Exchange difference n translation of 1.318 in available for sale the year attributable to: Fguny holders of the pare |川 *| * | || 其第7
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