Question

Part B

Refer to the 2017 annual report of JB Hi-Fi Limited on its website, www.jbhifi.com.au and answer the following questions:

1. What are the different types of revenues generated by the consolidated group?

2. How are the group’s assets classified?

3. What are the major categories listed among the group’s equity? How many ordinary

shares did JB Hi-Fi Limited have at the end of the financial year?

4. What is the group’s current liability for dividends to ordinary shareholders? If you owned only 100 ordinary shares in JB Hi-Fi Limited, how much would you receive in dividends? If added the interim dividend, what is the current year’s total amount of

dividend per share? What is the Last year’s final dividend paid in the current period?

5. How do the dividends per share compare with the group’s ‘earnings’ per share (use

basic earnings per share)? What is the dividend payout ratio for current year?

Part C

Refer to the 2017 annual report of JB Hi-Fi Limited on its website, www.jbhifi.com.au and answer the following questions:

1. List the subsidiary companies in the JB Hi-Fi Group.

2. What is the value of the group’s sales revenue for the current and previous years?

What has been the percentage change in sales revenue for the current year?

3. What is the group’s final profit (after income tax) for the current and previous years?

What has been the percentage change in profit (after income tax) for the current year?

4. Compare the percentage change in (2) with the percentage change in (3). What

information does this comparison provide?

5. What is the total value of inventories on hand for both current and previous years?

What is the percentage change in inventory levels? How does this compare with the percentage change in sales revenue calculated in question (2)? Comment on any differences.

6. Calculate profit margin and inventory turnover, two profitability ratios for 2013.

Data use information： https://www.jbhifi.com.au/Documents/2017%20Annual%20Report.pdf

Answer 1

Solution:

According to approach, just four sections of the inquiries are permitted to reply, so noting 1 to 4 sections of the inquiry.

Answer 1 : The types of revenues generated by the consolidated group:

Sale of goods and services = $3308.4 million in 2013.

Answer 2: Groups assets are classified as:

Assets	2013 $ (in millions)
Current assets:
Cash and equivalents	$67.37
Trade and other recevables	$64.25
Inventories	$426
other current assets	$6.04
Total current assets	$563.65
Fixed assets:
Plant and equipment	$181.1
Intangible assets	$83.71
Deffered tax assets	$83.71
Total fixed assets	$279.65
Total assets	$843.30

Answer 3: Major categories of group eqyuity:

Equity	2013 $ (in millions)
Contributed equity	62.77
Retained earnings	168.81
Reserves	11.76
Non controlling interests	0.48
Total equity	$243.83

The outstanding equity shares as on june 30, 2013 = 98947309 shares

Answer 4:  The gathering have any present liabilities for profit in the year 2013:

65.26 the aggregate profit offered by the JB HI-FI ltd. Is intermin 50 pennies and last profit 16 pennies.

Along these lines, on the off chance that we are holding 100 offers, the aggregate profit we got = (50+16) pennies * 100 = $0.66 * 100 = $66.

It isn't obvious from the money related explanation of the measure of a years ago profit paid in current multi year.