Question

In: Accounting

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

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