财务报表分析-第四次案例.docx

1 The following draft financial statements relate to Zambeze, a public limited company: Draft Group Balance Sheets at 30 June 2006 2005 $m $m Assets: Non-current assets: Property, plant and equipment 1,315 1,005 Goodwill 30 25 Investment in associate 270 290 1,615 1,320 Current assets: Inventories 650 580 Trade receivables 610 530 Cash at bank and cash equivalents 50 140 1,310 1,250 Total assets 2,925 2,570 Equity and liabilities: Share capital 100 85 Share premium account 30 15 Revaluation reserve 50 145 Retained earnings 254 250 434 495 Minority interest 60 45 Total equity 494 540 Non-current liabilities 850 600 Current liabilities 1,581 1,430 Total liabilities 2,431 2,030 Total equity and liabilities 2,925 2,570 Draft Group Income Statement for the year ended 30 June 2006 $m Revenue 4,700 Cost of sales (3,400) Gross profit 1,300 Distribution and administrative expenses (600) Finance costs (interest payable) (40) Share of profit in associate 30 Profit before tax 690 Income tax expense (including tax on income from associate $10 million) (210) Profit for the period 480 Attributable to: Equity holders of the parent 455 Minority interest 25 480 Draft Group Statement of Recognised Income and Expense for the year ended 30 June 2006 $m Foreign exchange difference of assoc