Question

In: Accounting

2019 ‘000 US$ 2018 ‘000 US$ Assets Non-current assets Property, plant and equipment Right of use...

2019

‘000 US$

2018

‘000 US$

Assets

Non-current assets

Property, plant and equipment

Right of use assets

Investment properties

Intangible assets and goodwill

Investment in equity accounted investees

Other investments

Accounts receivable and prepayments

12,226,735

2,080,908

1,672,911

10,054,701

2,200.252

20,009

675,845

8,960,782

-

1,622,130

8,833,151

2,101,425

51,078

574,570

Total non-current assets

28,931,361

22,143,136

Current assets

Inventories

Properties held for development and sales*

Accounts receivable and prepayments

Cash and cash equivalents

156,393

194,612

1,836,795

2,943,359

115,590

261,724

1,378,179

2,614,710

Total current assets

5,131,159

4,370,203

Total Assets

34,062,520

26,513,339

2019

‘000 US$

2018

‘000 US$

Equity

Share capital

Share premium

Shareholders’ reserve

Retained earnings

Translation reserve

Other reserves

1,660,000

2,472,655

2,000,000

8,179,779

(1,904,817)

(592,451)

1,660,000

2,472,655

2,000,000

7,712,784

(1,976,051)

(598,190)

Equity attributable to owners of the company

11,815,166

11,311,198

Non-controlling interests

1,032,052

687,720

Total equity

12,847,218

11,998,918

Liabilities

Non-current Liabilities

Loans and borrowings

Lease liabilities

Loans from non-controlling shareholders

Accounts payables and accruals

Deferred tax liabilities

Employee’ end of service benefits

Pension and post-employment benefits

12,185,472

2,287,655

688,017

3,79,271

937,967

176,227

347,406

10,048,232

17,156

132,236

345,467

886,173

159,233

157,082

Total non-current liabilities

17,002,015

11,745,579

Current liabilities

Loans and borrowings

Lease liabilities

Accounts payables and accruals

Income tax liabilities

Pension and post-employment benefits

1,095,412

225,535

1,000

2,663,660

120,888

106,792

348,324

6,051

1,000

2,305,727

100,674

7,066

Total current liabilities

4,213,287

2,768,842

Total liabilities

21,215,302

14,514,421

Total equity and liabilities

34,062,520

26,513,339

Sales

7,685,938

5,646,280

Required:

A. Calculate the following ratios of DP World for the year 2018 &2019:

  1. Current ratio
  2. Quick ratio
  3. Cash ratio
  4. Debt-equity ratio
  5. Asset turnover (Sales / Total Assets)

B. Evaluate liquidity, solvency and efficiency of the company.

if you can not do all part A and part B, just leave it for another tutoor

Solutions

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