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NON-CURRENT ASSETS Property, plant and equipment Right-of-use assets Total non-current assets CURRENT ASSETS Cash and cash equivalents Trade and other receivables Tax recoverable Inventories Total current assets CURRENT LIABILITIES Trade and other payables Taxation payable Current portion of lease liabilities Current portion of long-term loans Total current liabilities Net current assets Total assets less current liabilities NON-CURRENT LIABILITIES Long-term loans Lease liabilities Deferred tax liability Total non-current liabilities EQUITY Share capital 2021 2020 $ Change 825,483,694.00 773,143,905.00 52,339,789.00 93,044,425.00 95,435,877.00 (2,391,452.00) 918,528,119.00 868,579,782.00 49,948,337.00 217,283,548.00 129,196,815.00 88,086,733.00 93,514,369.00 58,211,081.00 35,303,288.00 779,621.00 (779,621.00) 162,352,192.00 117,774,685.00 44,577,507.00 473,150,109.00 305,962,202.00 167,187,907.00 214,491,486.00 185,346,512.00 29,144,974.00 10,734,482.00 10,734,482.00 17,456,686.00 19,539,121.00 (2,082,435.00) 6,977,778.00 27,441,951.00 (20,464,173.00) 249,660,432.00 232,327,584.00 17,332,848.00 223,489,677.00 73,634,618.00 149,855,059.00 1,142,017,796.00 942,214,400.00 199,803,396.00 206,927,474.00 104,972,207.00 101,955,267.00 86,580,789.00 79,622,207.00 6,958,582.00 14,576,941.00 13,389,525.00 1,187,416.00 308,085,204.00 197,983,939.00 110,101,265.00 Accumulated profits Total equity Total non-current liabilities and equity Questions: Use the above Balance Sheet to answer the questions below 1. Analyze as followed: 111,411,290.00 111,411,290.00 0.00 722,521,302.00 632,819,171.00 89,702,131.00 833,932,592.00 744,230,461.00 89,702,131.00 1,142,017,796.00 942,214,400.00 199,803,396.00 a. Give a comprehensive horizontal analysis of the above Balance Sheet b. Give a comprehensive vertical analysis of the above Balance Sheet 2. What are the strengths, weaknesses or developing problems of the company? 3. From a sustainable finance point of view, is the company a good one to invest in? % Change 6.77% -2.51% 5.75% 68.18% 60.65% -100.00% 37.85% 54.64% 15.72% -10.66% -74.57% 46% 203.51% 21.21% 97.13% 8.74% 8.87% 55.61% 0.00% 14.18% 12.05% 21.21%

NON-CURRENT ASSETS Property, plant and equipment Right-of-use assets Total non-current assets CURRENT ASSETS Cash and cash equivalents Trade and other receivables Tax recoverable Inventories Total current assets CURRENT LIABILITIES Trade and other payables Taxation payable Current portion of lease liabilities Current portion of long-term loans Total current liabilities Net current assets Total assets less current liabilities NON-CURRENT LIABILITIES Long-term loans Lease liabilities Deferred tax liability Total non-current liabilities EQUITY Share capital 2021 2020 $ Change 825,483,694.00 773,143,905.00 52,339,789.00 93,044,425.00 95,435,877.00 (2,391,452.00) 918,528,119.00 868,579,782.00 49,948,337.00 217,283,548.00 129,196,815.00 88,086,733.00 93,514,369.00 58,211,081.00 35,303,288.00 779,621.00 (779,621.00) 162,352,192.00 117,774,685.00 44,577,507.00 473,150,109.00 305,962,202.00 167,187,907.00 214,491,486.00 185,346,512.00 29,144,974.00 10,734,482.00 10,734,482.00 17,456,686.00 19,539,121.00 (2,082,435.00) 6,977,778.00 27,441,951.00 (20,464,173.00) 249,660,432.00 232,327,584.00 17,332,848.00 223,489,677.00 73,634,618.00 149,855,059.00 1,142,017,796.00 942,214,400.00 199,803,396.00 206,927,474.00 104,972,207.00 101,955,267.00 86,580,789.00 79,622,207.00 6,958,582.00 14,576,941.00 13,389,525.00 1,187,416.00 308,085,204.00 197,983,939.00 110,101,265.00 Accumulated profits Total equity Total non-current liabilities and equity Questions: Use the above Balance Sheet to answer the questions below 1. Analyze as followed: 111,411,290.00 111,411,290.00 0.00 722,521,302.00 632,819,171.00 89,702,131.00 833,932,592.00 744,230,461.00 89,702,131.00 1,142,017,796.00 942,214,400.00 199,803,396.00 a. Give a comprehensive horizontal analysis of the above Balance Sheet b. Give a comprehensive vertical analysis of the above Balance Sheet 2. What are the strengths, weaknesses or developing problems of the company? 3. From a sustainable finance point of view, is the company a good one to invest in? % Change 6.77% -2.51% 5.75% 68.18% 60.65% -100.00% 37.85% 54.64% 15.72% -10.66% -74.57% 46% 203.51% 21.21% 97.13% 8.74% 8.87% 55.61% 0.00% 14.18% 12.05% 21.21%

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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NON-CURRENT ASSETS 2021 2020 S Change 6 Change Property, plant and equipment 825,483,694.00 773,143,905.00 52,339,789.00 6.7796 93,044,425.00 95,435,877.00 918,528,119.00 868,579,782.00 Right-of-use assets (2,391,452.00) 49,948,337.00 -2.5156 Total non-current assets 5.75% CURRENT ASSETS Cash and cash equivalents 217,283,548.00 129,196,815.00 88,086,733.00 68.18% Trade and other receivables 93,514,369.00 58,211,081.00 35,303,288.00 60.65% Tax recoverable 779,621.00 (779,621.00) -100.0056 162,352,192.00 117,774,685.00 473,150,109.00 305,962,202.00 Inventories 37.85% 44,577,507.00 167,187,907.00 Total current assets 54.646 CURRENT LIABILITIES Trade and other payables 214,491,486.00 185,346,512.00 29,144,974.00 15.726 Taxation payable 10,734,482.00 10,734,482.00 (2,082,435.00) (20,454,173.00) 17,332,848.00 149,855,059.00 199,803,396.00 Current portion of lease liabilities 17,456,686.00 19,539,121.00 -10.66% Current portion of long-term loans 27,441,951.00 78.00ה.6,977 249,660,432.00 232,327,584.00 -74.57% Total current liabilities 7.46% 223,489,677.00 1,142,017,796.00 942,214,400.00 Net current assets 73,634,618.00 203.51% Total assets less current liabilities 21.21% NON-CURRENT LIABILITIES Long-term loans 206,927,474.00 104,972,207.00 101,955,267.00 97.136 Lease liabilities S6,580,789.00 79,622,207.00 6,958,582.00 8.74% Deferred tax liability 14,576,941.00 13,389,525.00 1,187,416.00 8.876 Total non-current liabilities 308,085,204.00 197,983,939.00 110,101,265.00 55.61% EQUITY Share capital 111,411,290.00 111,411,290.00 0.00 0.00% Accumulated profits Total equity 722,521,302.00 632,819,171.00 833,932,592.00 744,230,461.00 1,142,017,796.00 942,214,400.00 89,702,131.00 89,702,131.00 199,803,396.00 14.18% 12.056 Total non-current liabilities and equity 21.216 Questions: Use the above Balance Sheet to answer the questions below 1. Analyze as followed: a. Give a comprehensive horizontal analysis of the above Balance Sheet b. Give a comprehensive vertical analysis of the above Balance Sheet 2. What are the strengths, weaknesses or developing problems of the company? 3. From a sustainable finance point of view, is the company a good one to invest in?
Transcribed Image Text:NON-CURRENT ASSETS 2021 2020 S Change 6 Change Property, plant and equipment 825,483,694.00 773,143,905.00 52,339,789.00 6.7796 93,044,425.00 95,435,877.00 918,528,119.00 868,579,782.00 Right-of-use assets (2,391,452.00) 49,948,337.00 -2.5156 Total non-current assets 5.75% CURRENT ASSETS Cash and cash equivalents 217,283,548.00 129,196,815.00 88,086,733.00 68.18% Trade and other receivables 93,514,369.00 58,211,081.00 35,303,288.00 60.65% Tax recoverable 779,621.00 (779,621.00) -100.0056 162,352,192.00 117,774,685.00 473,150,109.00 305,962,202.00 Inventories 37.85% 44,577,507.00 167,187,907.00 Total current assets 54.646 CURRENT LIABILITIES Trade and other payables 214,491,486.00 185,346,512.00 29,144,974.00 15.726 Taxation payable 10,734,482.00 10,734,482.00 (2,082,435.00) (20,454,173.00) 17,332,848.00 149,855,059.00 199,803,396.00 Current portion of lease liabilities 17,456,686.00 19,539,121.00 -10.66% Current portion of long-term loans 27,441,951.00 78.00ה.6,977 249,660,432.00 232,327,584.00 -74.57% Total current liabilities 7.46% 223,489,677.00 1,142,017,796.00 942,214,400.00 Net current assets 73,634,618.00 203.51% Total assets less current liabilities 21.21% NON-CURRENT LIABILITIES Long-term loans 206,927,474.00 104,972,207.00 101,955,267.00 97.136 Lease liabilities S6,580,789.00 79,622,207.00 6,958,582.00 8.74% Deferred tax liability 14,576,941.00 13,389,525.00 1,187,416.00 8.876 Total non-current liabilities 308,085,204.00 197,983,939.00 110,101,265.00 55.61% EQUITY Share capital 111,411,290.00 111,411,290.00 0.00 0.00% Accumulated profits Total equity 722,521,302.00 632,819,171.00 833,932,592.00 744,230,461.00 1,142,017,796.00 942,214,400.00 89,702,131.00 89,702,131.00 199,803,396.00 14.18% 12.056 Total non-current liabilities and equity 21.216 Questions: Use the above Balance Sheet to answer the questions below 1. Analyze as followed: a. Give a comprehensive horizontal analysis of the above Balance Sheet b. Give a comprehensive vertical analysis of the above Balance Sheet 2. What are the strengths, weaknesses or developing problems of the company? 3. From a sustainable finance point of view, is the company a good one to invest in?
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