The 2018 Annual Reports/Financial Statements for both Air NZ and Auckland Airportare both available in the...

The 2018 Annual Reports/Financial Statements for both Air NZ and Auckland Airportare both available in the links below. Answer the questions for both Air NZ and Auckland Airport. All questions only relate to 2018.

Air NZ : https://p-airnz.com/cms/assets/PDFs/Air-NZ-2018-Financial-Results.pdf

AKL airport : https://corporate.aucklandairport.co.nz/-/media/Files/Corporate/Annual-Report-2018/Annual-Report-2018-Financial-Statements.ashx?la=en&hash=3FD590BBFBB78389CD2DEA7EE8402BCAEC4332E9

Questions about

Question:

Auckland Airport (AA)

Air New Zealand

What is the primary business/s of each entity?

Questions about:	Question:	Auckland Airport	Air New Zealand
P or L section	On what page is the P or L type statement?
	State the total operating revenue.
	What is the note number relating to the operating revenue?
	On what page is this said note?
	Name the smallest geographical region of original sale and $ amount.	Ignore question for AA.
	Look at Note 4, on pages 30 to 31, Segment Information. State the three types of income that make up the total income of $683.9 M		Ignore question for Air NZ
	Look at Note 4, on pages 30 to 31, Segment Information. State the three types of services provided and their dollar amounts of segment income.		Ignore question for Air NZ
OCI section	On what page is the OCI type statement?
	State the (net) profit for the year.
	State the total OCI for the year
	Note: Profit + OCI = TCI

SFP	On what page/s is the SFP?
	State the total assets $ amount.
	State the Inventories $ amount.
	State the note number for Inventories.
	On what page is the said note?	Ignore question for AA.
	State the $ amount of inventory held at NRV.	Ignore question for AA.
	What is the largest (in $ terms) NCL?

Solutions

Expert Solution

Questions about	Question:	Auckland Airport (AA)	Air New Zealand
	What is the primary business/s of each entity?	Operating the airport complex (Auckland International Airport Limited) at Auckland in New Zealand	Air-line carrying passengers and cargo at scheduled departures
Questions about:	Question:	Auckland Airport	Air New Zealand
P or L section	On what page is the P or L type statement?	Pg. 19	Pg. 2
	State the total operating revenue.	$ 683.9 Millions	$ 5485 Millions
	What is the note number relating to the operating revenue?	4	1
	On what page is this said note?	Pg. 30-31	Pg. 10
	Name the smallest geographical region of original sale and $ amount.	Ignore question for AA.	United Kingdom & Europe--$ 274 million
	Look at Note 4, on pages 30 to 31, Segment Information. State the three types of income that make up the total income of $683.9 M	Segment Income, Interest Income & Other Revenue	Ignore question for Air NZ
	Look at Note 4, on pages 30 to 31, Segment Information. State the three types of services provided and their dollar amounts of segment income.	Aeronautical (328.5), Retail(263) & Property(86.1)--all $ millions	Ignore question for Air NZ
OCI section	On what page is the OCI type statement?		Pg.3
	State the (net) profit for the year.	$ 650.1 millions	$ 390 Millions
	State the total OCI for the year	$ 1842.6 millions	$ 450 Milions
	Note: Profit + OCI = TCI

SFP	On what page/s is the SFP?	Pg.22-23	Pg. 5
	State the total assets $ amount.	$ 8196.8 m	$ 7846 m
	State the Inventories $ amount.	$ 0.2 m	$ 75 m
	State the note number for Inventories.		7
	On what page is the said note?	Ignore question for AA.	Pg.14
	State the $ amount of inventory held at NRV.	Ignore question for AA.	$ 12 m
	What is the largest (in $ terms) NCL?	Term Borrowings--$ 1893.5 m	Interest bearing liabilities--$ 2303 m

ekkarill92 answered 4 months ago

Next > < Previous

Related Solutions

obtain the annual reports for the 2018-19 financial year and the 2017-18 financial year of the...

obtain the annual reports for the 2018-19 financial year and the 2017-18 financial year of the ANZ company. Questions 1. Focus on the leases agreements, the company has entered, as a lessee. As the new lease accounting standard (AASB16) is effective for the first financial year commencing on or after 1 January 2019, your company is probably still applying the previous accounting standard (AASB117). Discuss how the new accounting standard will impact the assets, liabilities, and profit of your company.(provide...

Explain the audit reports option available for auditor when auditing financial statements.

Review the Financial Year 2019 audited annual reports including financial statements presented to the shareholders for...

Review the Financial Year 2019 audited annual reports including financial statements presented to the shareholders for the following organisations:  Ramsay Health Care Ltd  Telstra Ltd Assume that your audit team is responsible for planning the audits for both companies for the most recent financial year. REQUIRE: Identify at least three inherent risks that you would have to consider for each company in the audit planning phase and justify your answer. Cite the relevant ASAs/ISAs to support your answer.

1. . In addition to the financial statements and the accompanying notes, corporate annual reports normally...

1. . In addition to the financial statements and the accompanying notes, corporate annual reports normally include which of the following sections? a- Management Discussion and Analysis b- Report on Internal Control c- Report on Fairness of the Financial Statements d- All of these choices are correct. 2. Typical items included in the MD&A include all the following EXCEPT a- management’s analysis and explanations of any significant changes between the current and prior years’ financial statements. b- important accounting principles...

Referring to their most recent annual reports, access the financial statements of a foreign company and...

Referring to their most recent annual reports, access the financial statements of a foreign company and a domestic company with which you are familiar to complete this assignment. A. Determine the GAAP the foreign and domestic companies use to prepare financial statements. b. Determine whether the financial statements provided by the foreign and domestic companies include the same components c. list any format differences in the companies' income statement d. list any format differences in the companies' balance sheet e....

USING 2018 CONSOLIDATE STATEMENT OF FINANCIAL POSITION AND NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FROM THE ANNUAL...

USING 2018 CONSOLIDATE STATEMENT OF FINANCIAL POSITION AND NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FROM THE ANNUAL REPORT OF ADIDAS COMPANY, PLEASE ANSWER THE FOLLOWING QUESTIONS. ACCOUNTS RECEIVABLE (SEE NOTE #09) 1. Evaluate the ending balance of accounts receivable. Are there any significant changes in the amount of loss allowances? 2. Using a company of your choice, compare bad debt % of the company with that of Adidas. What do we know from the difference? INVENTORIES (SEE NOTE #10) 1. Explain...

Financial Analysis: 10 K-annual reports of 2018 for Facebook and Starbucks. Write conclusion for Facebook and...

Financial Analysis: 10 K-annual reports of 2018 for Facebook and Starbucks. Write conclusion for Facebook and Starbucks on the basis of Financial Analysis. Explain one paragraph.

Many companies make annual reports available on their corporate Internet home page. Annual reports also can...

Many companies make annual reports available on their corporate Internet home page. Annual reports also can be accessed through the SEC’s EDGAR system at www.sec.gov (under Filings, click Company Filings Search, type in Company Name, and under Filing Type, search for 10-K). Access the most recent annual report for each of the following companies: Bristol-Myers Squibb Bli Lilly Merck Pitzer Prepare a one-page describtion to the extent to which direct comparisons can be made of the geographic area information provided...

The following table presents financial data from 2018 annual reports of six pharmaceuticals companies. The market...

The following table presents financial data from 2018 annual reports of six pharmaceuticals companies. The market value of equity for five companies is also given. All numbers are in millions of dollars. Novartis had a book value of $1,349 million in 2017. In addition, Novartis had 4,900 million shares outstanding throughout the year. Company Market value of equity Price/Book Sales revenue R&D Net Income Acme $8,096.71 5.6 $1,571.0 $307.0 $406.0 Aspen Pharma 1,379.00 3.6 152.0 101.0 15.0 Pfizer 2,233.60 4.6...

What information from the 2017 and 2018 financial statements for both Dow Jones and Nasdaq, prepares...

What information from the 2017 and 2018 financial statements for both Dow Jones and Nasdaq, prepares two financial ratios for each of the following categories: liquidity ratios, asset management ratios, and profitability ratios. You should have a total of six ratios for each stock, per year. What challenges, strengths, or weaknesses do you see?

Subjects