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Evluation of the company financial statement.

Evluation of the company financial statement.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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1. Evluation of the company financial statement.
INCOME STATEMENT OF TENAGA NASIONAL BERHAD For the financial year ended 31 December 2020 Company 2020 RM’milion Revenue 40,758.3 (34,033.7) (362.4) Operating expenses Net loss on impairment of financial instruments Other operating income 1,000.1 Operating profit 7,362.3 Foreign exchange gain 34.9 Share of results of joint ventures Share of results of associates Profit before finance cost 7,397.2 Finance income 223.4 Finance cost (4,738.4) Fair value changes of financial instruments 188.3 Profit before taxation and zakat 3,070.5 Taxation and zakat (395.2) Profit for the financial year 2,675.3 Profit attributable to: - Owners of the Company - Non-controlling interests 2,675.3 Profit for the financial year 2,675.3 Sen Earnings per share: - Basic 63.06 Diluted 62.79
Transcribed Image Text:INCOME STATEMENT OF TENAGA NASIONAL BERHAD For the financial year ended 31 December 2020 Company 2020 RM’milion Revenue 40,758.3 (34,033.7) (362.4) Operating expenses Net loss on impairment of financial instruments Other operating income 1,000.1 Operating profit 7,362.3 Foreign exchange gain 34.9 Share of results of joint ventures Share of results of associates Profit before finance cost 7,397.2 Finance income 223.4 Finance cost (4,738.4) Fair value changes of financial instruments 188.3 Profit before taxation and zakat 3,070.5 Taxation and zakat (395.2) Profit for the financial year 2,675.3 Profit attributable to: - Owners of the Company - Non-controlling interests 2,675.3 Profit for the financial year 2,675.3 Sen Earnings per share: - Basic 63.06 Diluted 62.79
BALANCE SHEET OF TENAGA NASIONAL BERHAD As at 31 December 2020 (CONTINUED) BALANCE SHEET OF TENAGA NASIONAL BERHAD As at 31 December 2020 Company Company 2020 RM'million 2020 RM'million CURRENT LIABILITIES NON-CURRENT ASSETS (7,908.4) (259.3 (1.3 (5,611.4 (1,411.9 (228.1) Payables Property, plant and equipment 69,528.7 Contract liabilities 67,082.9 Derivative financial instruments Right-of-use assets Subsidiaries Lease liabilities 822.8 Amounts due to subsidiaries Joint ventures Associates Amounts due to associates 75.7 Amount due to joint venture Current tax liabilities Employee benefits Consumer deposits Short term boITowings Goodwill on consolidation (30.1) (764.5) (6,263.1 (3,492.2) (25.970.3 Investment in unquoted debt securities 265.8 Tax recoverable Deferred tax assets Long tem receivables 3,522.4 ) 51.7 11,873.2 ol Liabilities directly associated with assets classified as held for sale Amounts due from subsidiaries Finance lease receivables (25,970.3) (6,151.9) 147,210.5 Financial assets at fair value through other NET CURRENT (LIABILITIES)/ASSETS comprehensive income (*FVOCI') TOTAL ASSETS LESS CURRENT LIABILITIES 56.9 Financial assets at fair value through profit or loss ('FVTPL') NON-CURRENT LIABILITIES 82.3 Вorrowings (18,599.1) 153,362.4 Derivative financial instruments Contract liabilities (3,020.9) CURRENT ASSETS Government development grants Inventories 376.5 Lease liabilities (59,907.7 (6,006.9) (606.3) (12,314.6) (100,455.5) Receivables, deposits and prepayments Contract assets |Contract cost assets 5,383.7 Deferred tax liabilities Other liabilities 3,084.5 Employee benefits Tax recoverable 1,432.5 TOTAL NET ASSETS 46,755.0 Finance lease receivables Amounts due from subsidiaries Amounts due from joint ventures EQUITY 1,898.5 Share capital 11,675.2 (6,918.6) Other reserves Amounts due from associates 3.4 Retained profits 41,998.4 Financial assets at FVTPL 5,244.3 CAPITAL AND RESERVES 2,395.0 19,818.4 Deposits, bank and cash balances ATTRIBUTABLE TO OWNERS OF 46,755.0 THE COMPANY NON-CONTROLLING INTERESTS ('NCI') Assets classified as held for sale |TOTAL EQUITY 46,755.0 19,818.4
Transcribed Image Text:BALANCE SHEET OF TENAGA NASIONAL BERHAD As at 31 December 2020 (CONTINUED) BALANCE SHEET OF TENAGA NASIONAL BERHAD As at 31 December 2020 Company Company 2020 RM'million 2020 RM'million CURRENT LIABILITIES NON-CURRENT ASSETS (7,908.4) (259.3 (1.3 (5,611.4 (1,411.9 (228.1) Payables Property, plant and equipment 69,528.7 Contract liabilities 67,082.9 Derivative financial instruments Right-of-use assets Subsidiaries Lease liabilities 822.8 Amounts due to subsidiaries Joint ventures Associates Amounts due to associates 75.7 Amount due to joint venture Current tax liabilities Employee benefits Consumer deposits Short term boITowings Goodwill on consolidation (30.1) (764.5) (6,263.1 (3,492.2) (25.970.3 Investment in unquoted debt securities 265.8 Tax recoverable Deferred tax assets Long tem receivables 3,522.4 ) 51.7 11,873.2 ol Liabilities directly associated with assets classified as held for sale Amounts due from subsidiaries Finance lease receivables (25,970.3) (6,151.9) 147,210.5 Financial assets at fair value through other NET CURRENT (LIABILITIES)/ASSETS comprehensive income (*FVOCI') TOTAL ASSETS LESS CURRENT LIABILITIES 56.9 Financial assets at fair value through profit or loss ('FVTPL') NON-CURRENT LIABILITIES 82.3 Вorrowings (18,599.1) 153,362.4 Derivative financial instruments Contract liabilities (3,020.9) CURRENT ASSETS Government development grants Inventories 376.5 Lease liabilities (59,907.7 (6,006.9) (606.3) (12,314.6) (100,455.5) Receivables, deposits and prepayments Contract assets |Contract cost assets 5,383.7 Deferred tax liabilities Other liabilities 3,084.5 Employee benefits Tax recoverable 1,432.5 TOTAL NET ASSETS 46,755.0 Finance lease receivables Amounts due from subsidiaries Amounts due from joint ventures EQUITY 1,898.5 Share capital 11,675.2 (6,918.6) Other reserves Amounts due from associates 3.4 Retained profits 41,998.4 Financial assets at FVTPL 5,244.3 CAPITAL AND RESERVES 2,395.0 19,818.4 Deposits, bank and cash balances ATTRIBUTABLE TO OWNERS OF 46,755.0 THE COMPANY NON-CONTROLLING INTERESTS ('NCI') Assets classified as held for sale |TOTAL EQUITY 46,755.0 19,818.4
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