The Financial Statement Data For the Five-Year Period - Accounting Assignment Help

Assignment Task:

Task:

The financial statement data for the five-year period 2017-2021 is provided below. Note that 2016 data is also provided for the Statement of Financial Position. Each group is to submit one copy of the completed Excel file. There are additional worksheets in seven blue tabs which can be used for working space, including the copying and pasting of the financial statements below.

PART TWO Part Two requires each group member to answer three (3) individual questions. Details and instructions will be sent in a separate email tomorrow. Statement of Profit or Loss Data 2017 2018 2019 2020 2021 Sales revenue 105712 111944 124223 123400 121334 Cost of sales -25718 -44859 -42989 -47216 -35187 Gross profit 79994 67085 81234 76184 86147 Dividend revenue 740 235 37 629 764 Other revenue 5286 3358 3727 3702 10920 Selling, general and administration expenses -12685 -14553 -21118 -19744 -23053 Depreciation expense -2220 -1310 -2907 -2345 -2973 Amortisation expense -1776 -1075 -2609 -1814 -2524 Other expenses -8457 -7836 -6211 -9872 -9707 Impairment of fixed assets 0 0 -727 -469 0 Impairment of intangible assets 0 -537 0 0 -946 Losses on sale of fixed assets -740 -1310 -969 -938 -1274 Losses on sale of intangibles -296 -806 -373 -259 -946 Net interest expenses -1117 -2449 -3146 -1326 -3762 Profit before income tax 58729 40802 46938 43748 52646 Income tax expense -18265 -12975 -14410 -12993 -16268 Net profit after tax 40464 27827 32528 30755 36378 Statement of Financial Position Data 2016 2017 2018 2019 2020 2021 Cash and cash equivalents 74906 98870 109166 116069 147813 188248 Trade receivables 9798 9514 12314 17391 18510 9707 Inventories 945 1473 3174 3458 3606 1159 Other current assets 7621 6343 10075 7453 8638 6067 Total current assets 93270 116200 134729 144371 178567 205181 Property, plant and equipment (Net) 41369 36999 43658 48447 46892 42467 Intangibles 23951 29599 26867 37267 25914 31547 Investments 4355 2114 2239 7453 8638 2427 Total non-current assets 69675 68712 72764 93167 81444 76441 Total assets 162945 184912 207493 237538 260011 281622 03/10/2021, 18:36 The University of Melbourne Mail - ACCT10001 Assignment Two (Part One) https://mail.google.com/mail/u/1?ui=2&ik=01e9d3895c&view=lg&permmsgid=msg-f:1711315758834544741 3/5 2016 2017 2018 2019 2020 2021 Trade payables 958 1103 3887 1848 3144 1443 Borrowings 4283 2523 1655 5073 2151 3386 Provisions for employment costs 588 761 1455 1056 790 461 Provisions for warranties 1633 1691 1791 2112 1604 2184 Provision for income tax 3075 2922 2336 2162 1689 2278 Other payables 2177 1353 1567 994 1185 1650 Unearned revenue 1306 2537 2127 3354 3208 3033 Total current liabilities 14020 12890 14818 16599 13771 14435 Borrowings 28664 33521 31439 28750 33692 34231 Provisions for employment costs 1764 1015 1019 1267 1185 1844 Provisions for warranties 980 951 1007 870 740 1092 Total non-current liabilities 31408 35487 33465 30887 35617 37167 Total liabilities 45428 48377 48283

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