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
Related questions
Question
- What is meant by noncurrent liabilities? Define it? And provide one NCL account for emirates
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What is the biggest class of Property, Plant and Equipment of Emirates? State the name and respective amount at net book value as at 31 March 2018 - refer to the Note disclosure 11 (page 113)?
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Please make sure the answer is correct 100%
Transcribed Image Text:Consolidated Statement of Financial Position
as at 31 March 2018
Note
2018
2017
Note
2018
2017
AED m
AED m
AED m
AED m
ASSETS
EQUITY AND LIABILITIES
Capital and reserves
Capital
Other reserves
Retained earnings
Attributable to Emirates' Owner
Non-controlling interests
Total equity
Non-current assets
Property, plant and equipment
Intangible assets
Investments accounted for using the equity
method
11
85,951
86,898
18
801
801
12
1,496
1441
19
15
(141)
33.848
34,508
S86
35,638
13
662
676
36,454
592
Advance lease rentals
14
5,065
4,421
37,046
35,094
Loans and other receivables
15
172
238
Derivative financial instruments
35
60
38
Non-current liabilities
Deferred income tax asset
29
11
10
Trade and other payables
Borrowings and lease liabilities
Deferred revenue
30
123
683
93,417
93,722
20
42.071
40.171
Current assets
27
1063
979
Inventories
16
2,387
2,238
Deferred credits
28
2,621
2227
Derivative financial instruments
35
26
192
Trade and other receivables
17
11,354
9,922
Provisions
24
4,067
3.825
Derivative financial instruments
35
9.
8
Deferred income tax lability
29
Short term bank deposits
33
14,745
6,706
49,975
48,082
Cash and cash equivalents
33
5,675
8.962
Current liabilities
34,170
27,836
Trade and other payables
Income tax labilities
Borrowings and lease liabilities
Deferred revenue
30
29.303
25,193
Total assets
127,587
121,558
18
19
20
9,030
10,831
27
1180
1,486
Deferred credits
28
313
253
Derivative financial instruments
35
35
3
Provisions
24
687
597
40,566
38,382
Total liabilities
Total equity and liabilities
90,541
86,464
127,587
121,558
The consolidated financial statements were approved on 3 May 2018 and signed by:
Thunthy Cle
Sheikh Ahmed bin Saeed Al-Maktoum
Timothy Clark
President
Chairman and Chief Executive
The accompanying notes are an integral part of these consolidated financial statements.
Transcribed Image Text:Consolidated Income Statement
for the year ended 31 March 2018
Note
2018
2017
AEDm
AEDm
Revenue
91.225
83.832
Other operating income
1097
1251
Operating costs
(8.236
(82,648)
Operating profit
4,086
2435
Finance income
375
281
Finance costs
(1.383)
Share of results of investments accounted for using the equity method
13
155
157
Profit before income tax
3,023
1490
Income tax experse
(44
(40)
Profit for the year
2,979
1450
Profit attributable to non-controling interests
183
200
Profit attributable to Emirates' Owner
2,756
1250
Consolidated Statement of Comprehensive Income
for the year ended 31 March 2018
Profit for the year
2,579
1,450
bems that will not be reclassified to the consolidated income statement
Remeasurement of retirement benefit obligations
25
311
bems that are or may be redassified subsequently to the consolidated income statement
Cumency translation diferences
19
Cash fow hedges
19
155
1038
Other comprehensive income for the year
150
1,349
Total comprehensive income for the year
3,129
2,799
Total comprehensive income attributable to non-controlling interests
183
200
Total comprehensive income attributable to Emirates' Owner
2,946
2,599
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