The income statement shown for Amazon Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years and the notes payable will be rolled over. Find the firm's (in 2015): 1) ROA 2) ROE 3) Break-even point (BEP)

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
Problem 1PS
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The income statement shown for Amazon Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years and the notes payable will be rolled over. Find the firm's (in 2015): 1) ROA 2) ROE 3) Break-even point (BEP)
Annual Report 2015
STATEMENTS OF
FINANCIAL POSITION
AS AT 31 DECEMBER 2015
Group
Company
2015
2014
2015
2014
Note
RM'000
RM'00
RM'000
RM'000
Assets
Non-current assets
Property, plant and equipment
11
234,067
218,173
Investment properties
12
640,975
570,143
Land held for property development
13
3,269,275
2,631,999
Investment in subsidiaries
14
4,530,910
3,738,094
Interests in associates
15
487,835
149,251
1,170
Interests in joint ventures
16la)
1,143,774
928,327
419,517
444,645
Amount due from a joint venture
16lb)
72,697
62,536
Other investments
17
Goodwill
18
621,409
621,409
Non-current deposits
19
3
Deferred tax asset
20
221,044
170,009
169
Long term receivables
23
54,849
59,105
6,745,925
5,410,955
4,951,766
4,182,739
Current assets
1,578,583
176,622
Property development costs
21
2,281,634
Inventories
22
403,099
Receivables
23
1,219,500
2,761,535
387,694
421,134
Amount due from subsidiaries
24
1,940,833
1,564,035
Amount due from joint ventures
16lb)
239,635
240,284
130,348
154,662
Short term investments
25
202,635
Short term deposits
19
30,373
70,942
2,000
Cash and bank balances
19
975,227
668,329
6,570
2,120
5,149,475
5,698,930
2,465,445
2,143,951
Total assets
11.895.400
11,109,885
7,417,211
6.326,690
Group
Company
2015
2014
2015
2014
Note
RM'000
RM'000
RM'000
RM'000
Equity and liabilities
Equity attributable to owners of the parent
Share capital
26
2,276,643
2,268,718
2,276,643
2,268,718
Share premium
26
2,829,546
2,044,955
2,829,546
2,044,955
Merger relief reserves
26
34,330
34,330
34,330
34,330
Other reserves
27
115,439
88,130
55,406
74,391
Retained profits
27
1,552,602
1,896,699
114,225
203,170
6,808,560
6,332,832
5,310,180
4,625,564
Non-controlling interests
31
360,345
485,753
Total equity
7,168,905
6,818,585
5,310,180
4,625,564
Non-current liabilities
Borrowings
32
2,227,594
2,119,666
2,003,611
1,700,575
Payables
34
66,143
71,047
Deferred income
35
111,874
113,955
Provision
33
411,436
436,432
Deferred tax liabilities
20
204,058
204,041
3,021,105
2,945,141
2,003,611
1,700,575
Current liabilities
Provisions
33
456,506
373,072
Payables
34
706,062
584,748
980
551
Amount due to subsidiaries
24
1,464
Amount due to a joint venture
16lbl
111
Borrowings
32
522,976
238,423
100,976
Тах рayable
19,846
149,805
1,705,390
1,346,159
103,420
551
Total liabilities
4,726,495
4,291,300
2,107,031
1,701,126
Total equity and liabilities
11,895,400
11,109,885
7,417,211
6,326,690
Transcribed Image Text:Annual Report 2015 STATEMENTS OF FINANCIAL POSITION AS AT 31 DECEMBER 2015 Group Company 2015 2014 2015 2014 Note RM'000 RM'00 RM'000 RM'000 Assets Non-current assets Property, plant and equipment 11 234,067 218,173 Investment properties 12 640,975 570,143 Land held for property development 13 3,269,275 2,631,999 Investment in subsidiaries 14 4,530,910 3,738,094 Interests in associates 15 487,835 149,251 1,170 Interests in joint ventures 16la) 1,143,774 928,327 419,517 444,645 Amount due from a joint venture 16lb) 72,697 62,536 Other investments 17 Goodwill 18 621,409 621,409 Non-current deposits 19 3 Deferred tax asset 20 221,044 170,009 169 Long term receivables 23 54,849 59,105 6,745,925 5,410,955 4,951,766 4,182,739 Current assets 1,578,583 176,622 Property development costs 21 2,281,634 Inventories 22 403,099 Receivables 23 1,219,500 2,761,535 387,694 421,134 Amount due from subsidiaries 24 1,940,833 1,564,035 Amount due from joint ventures 16lb) 239,635 240,284 130,348 154,662 Short term investments 25 202,635 Short term deposits 19 30,373 70,942 2,000 Cash and bank balances 19 975,227 668,329 6,570 2,120 5,149,475 5,698,930 2,465,445 2,143,951 Total assets 11.895.400 11,109,885 7,417,211 6.326,690 Group Company 2015 2014 2015 2014 Note RM'000 RM'000 RM'000 RM'000 Equity and liabilities Equity attributable to owners of the parent Share capital 26 2,276,643 2,268,718 2,276,643 2,268,718 Share premium 26 2,829,546 2,044,955 2,829,546 2,044,955 Merger relief reserves 26 34,330 34,330 34,330 34,330 Other reserves 27 115,439 88,130 55,406 74,391 Retained profits 27 1,552,602 1,896,699 114,225 203,170 6,808,560 6,332,832 5,310,180 4,625,564 Non-controlling interests 31 360,345 485,753 Total equity 7,168,905 6,818,585 5,310,180 4,625,564 Non-current liabilities Borrowings 32 2,227,594 2,119,666 2,003,611 1,700,575 Payables 34 66,143 71,047 Deferred income 35 111,874 113,955 Provision 33 411,436 436,432 Deferred tax liabilities 20 204,058 204,041 3,021,105 2,945,141 2,003,611 1,700,575 Current liabilities Provisions 33 456,506 373,072 Payables 34 706,062 584,748 980 551 Amount due to subsidiaries 24 1,464 Amount due to a joint venture 16lbl 111 Borrowings 32 522,976 238,423 100,976 Тах рayable 19,846 149,805 1,705,390 1,346,159 103,420 551 Total liabilities 4,726,495 4,291,300 2,107,031 1,701,126 Total equity and liabilities 11,895,400 11,109,885 7,417,211 6,326,690
Annual Report 2015
INCOME
STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2015
Group
Company
2015
2014
2015
2014
Note
RM'000
RM'000
RM'000
RM'000
Revenue
3
1,749,866
2,661,674
100,000
140,000
Cost of sales
4
(1,224,705)
(1,859,575)
Gross profit
525,161
802,099
100,000
140,000
Other income
117,604
58,814
82,176
68,540
Selling and distribution expenses
(144,845)
(89,638)
Other expenses
(204,843)
(250,727)
(53,782)
(6,437)
Operating profit
293,077
520,548
128,394
202,103
Finance costs
(73,868)
(45,852)
(88,685)
(67,957)
Share of results of associates
11,811
31,477
Share of results of joint ventures
112,019
102,994
Profit before zakat and income tax
343,039
609,167
39,709
134,146
Zakat
7
(8,662)
(9,556)
Income tax (expensel/credit
(77,387)
(119,835)
169
(1,446)
Profit for the year
256,990
479,776
39,878
132,700
Attributable to:
Owners of the parent
257,212
479,927
39,878
132,700
Non-controlling interests
(222)
(151)
256,990
479,776
39,878
132,700
Earnings per share attributable to owners
of the parent (sen):
Basic, for profit for the year
10
5.7
10.6
Diluted, for profit for the year
10
5.5
8.7
Transcribed Image Text:Annual Report 2015 INCOME STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2015 Group Company 2015 2014 2015 2014 Note RM'000 RM'000 RM'000 RM'000 Revenue 3 1,749,866 2,661,674 100,000 140,000 Cost of sales 4 (1,224,705) (1,859,575) Gross profit 525,161 802,099 100,000 140,000 Other income 117,604 58,814 82,176 68,540 Selling and distribution expenses (144,845) (89,638) Other expenses (204,843) (250,727) (53,782) (6,437) Operating profit 293,077 520,548 128,394 202,103 Finance costs (73,868) (45,852) (88,685) (67,957) Share of results of associates 11,811 31,477 Share of results of joint ventures 112,019 102,994 Profit before zakat and income tax 343,039 609,167 39,709 134,146 Zakat 7 (8,662) (9,556) Income tax (expensel/credit (77,387) (119,835) 169 (1,446) Profit for the year 256,990 479,776 39,878 132,700 Attributable to: Owners of the parent 257,212 479,927 39,878 132,700 Non-controlling interests (222) (151) 256,990 479,776 39,878 132,700 Earnings per share attributable to owners of the parent (sen): Basic, for profit for the year 10 5.7 10.6 Diluted, for profit for the year 10 5.5 8.7
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