Calculate the ratios of Woolworths Group (Australian retail company) for the year 2021: Ratios to calculate: Profitability (ROSF, ROCE, Gross margin, Operating profit margin, Cash flow to Sales*) Efficiency (Inventory turnover period, Average settlement period, Sales revenue to capital employed) Liquidity (Current ratio, Acid test (quick) ratio, Cash flow ratio*).

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter5: The Income Statement And The Statement Of Cash Flows
Section: Chapter Questions
Problem 13E: Classifications Where would each of the following items most likely be reported in a companys...
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Calculate the ratios of Woolworths Group (Australian retail company) for the year 2021:

Ratios to calculate:

Profitability (ROSF, ROCE, Gross margin, Operating profit margin, Cash flow to Sales*)

Efficiency (Inventory turnover period, Average settlement period, Sales revenue to capital employed)

Liquidity (Current ratio, Acid test (quick) ratio, Cash flow ratio*).

Stability/Capital Structure (Gearing ratio, Interest cover ratio, Debt coverage ratio*)

Investment/Market Performance (Earnings per share, Price earnings ratio, Operating cash flow per share*)

Consolidated Statement of Profit or Loss
Continuing operations
Revenue from the sale of goods and services
Cost of sales
Gross profit
Other revenue
Branch expenses
Administration expenses
Earnings before interest and tax
Finance costs
Profit before income tax
Income tax expense
Profit for the period from continuing operations
Discontinued operations
Profit for the period from discontinued operations, after tax
Profit for the period
Profit for the period attributable to:
Equity holders of the parent entity
Non-controlling interests
Profit for the period attributable to equity holders of the parent entity related to:
Profit from continuing operations
Profit from discontinued operations
Earnings per share (EPS) attributable to equity holders of the parent entity
Basic EPS
Diluted EPS
EPS attributable to equity holders of the parent entity from continuing operations
Basic EPS
Diluted EPS
NOTE
2.1
2.3
3.7.1
5.2
4.1
4.1
4.1
4.1
2021
$M
55,694
(39,366)
16,328
117
(9,838)
(3,784)
2,823
(613)
2,210
(604)
1,606
533
2,139
2,074
65
2,139
1,606
468
2,074
CENTS
165.0
164.2
127.7
127.1
RESTATED¹
2020
SM
53,080
(37,750)
15,330
148
(9,564)
(3,888)
2,026
(671)
1,355
(417)
938
271
1,209
1,165
44
1,209
928
237
1,165
CENTS
92.7
92.2
73.9
73.5
Transcribed Image Text:Consolidated Statement of Profit or Loss Continuing operations Revenue from the sale of goods and services Cost of sales Gross profit Other revenue Branch expenses Administration expenses Earnings before interest and tax Finance costs Profit before income tax Income tax expense Profit for the period from continuing operations Discontinued operations Profit for the period from discontinued operations, after tax Profit for the period Profit for the period attributable to: Equity holders of the parent entity Non-controlling interests Profit for the period attributable to equity holders of the parent entity related to: Profit from continuing operations Profit from discontinued operations Earnings per share (EPS) attributable to equity holders of the parent entity Basic EPS Diluted EPS EPS attributable to equity holders of the parent entity from continuing operations Basic EPS Diluted EPS NOTE 2.1 2.3 3.7.1 5.2 4.1 4.1 4.1 4.1 2021 $M 55,694 (39,366) 16,328 117 (9,838) (3,784) 2,823 (613) 2,210 (604) 1,606 533 2,139 2,074 65 2,139 1,606 468 2,074 CENTS 165.0 164.2 127.7 127.1 RESTATED¹ 2020 SM 53,080 (37,750) 15,330 148 (9,564) (3,888) 2,026 (671) 1,355 (417) 938 271 1,209 1,165 44 1,209 928 237 1,165 CENTS 92.7 92.2 73.9 73.5
Current assets
Cash and cash equivalents
Trade and other receivables
Inventories
Other financial assets
Other current assets
Assets held for sale or distribution
Total current assets
Non-current assets
Trade and other receivables
Other financial assets
Lease assets
Property, plant and equipment
Intangible assets
Investments in associates
Deferred tax assets
Other non-current assets
Total non-current assets
Total assets
Current liabilities
Trade and other payables
Lease liabilities
Borrowings
Current tax payable
Other financial liabilities
Provisions
Other current liabilities
Liabilities associated with assets held for distribution
Total current liabilities
Non-current liabilities
Lease liabilities
Borrowings
Other financial liabilities
Deferred tax liabilities
Provisions
Other non-current liabilities
Total non-current liabilities
Total liabilities
Net assets
Equity
Contributed equity
Reserves
Retained earnings
Equity attributable to equity holders of the parent entity
Non-controlling interests
Total equity
NOTE
4.5.1
3.1
3.2
5.3.1
3.1
3.2
3.3.1
3.4
3.5
3.7.3
3.8
3.3.2
4.6.3
3.2
3.9
5.3.2
5.3.1
3.3.2
4.6.3
3.2
3.7.3
3.9
4.3
4.4
5.4.3
2021
$M
1,009
649
3,132
19
18
4,827
10,959
15,786
133
105
9,553
7,477
4,671
30
1,371
110
23,450
39,236
6,467
1,495
119
252
165
1,518
7,870
17,886
5,231
23,117
10,521
2,753
251
804
51
14,380
37,497
1,739
5,253
(6,989)
3,115
1,379
360
1,739
RESTATED
2020
SM
2,068
740
4,434
534
16
7,792
333
8,125
154
168
12,062
8,742
7,717
57
1,327
120
30,347
38,472
7,508
1,826
2,027
131
84
1,881
13,457
13,457
12,902
1,904
3
204
918
52
15,983
29,440
9,032
6,022
391
2,329
8,742
290
9,032
Transcribed Image Text:Current assets Cash and cash equivalents Trade and other receivables Inventories Other financial assets Other current assets Assets held for sale or distribution Total current assets Non-current assets Trade and other receivables Other financial assets Lease assets Property, plant and equipment Intangible assets Investments in associates Deferred tax assets Other non-current assets Total non-current assets Total assets Current liabilities Trade and other payables Lease liabilities Borrowings Current tax payable Other financial liabilities Provisions Other current liabilities Liabilities associated with assets held for distribution Total current liabilities Non-current liabilities Lease liabilities Borrowings Other financial liabilities Deferred tax liabilities Provisions Other non-current liabilities Total non-current liabilities Total liabilities Net assets Equity Contributed equity Reserves Retained earnings Equity attributable to equity holders of the parent entity Non-controlling interests Total equity NOTE 4.5.1 3.1 3.2 5.3.1 3.1 3.2 3.3.1 3.4 3.5 3.7.3 3.8 3.3.2 4.6.3 3.2 3.9 5.3.2 5.3.1 3.3.2 4.6.3 3.2 3.7.3 3.9 4.3 4.4 5.4.3 2021 $M 1,009 649 3,132 19 18 4,827 10,959 15,786 133 105 9,553 7,477 4,671 30 1,371 110 23,450 39,236 6,467 1,495 119 252 165 1,518 7,870 17,886 5,231 23,117 10,521 2,753 251 804 51 14,380 37,497 1,739 5,253 (6,989) 3,115 1,379 360 1,739 RESTATED 2020 SM 2,068 740 4,434 534 16 7,792 333 8,125 154 168 12,062 8,742 7,717 57 1,327 120 30,347 38,472 7,508 1,826 2,027 131 84 1,881 13,457 13,457 12,902 1,904 3 204 918 52 15,983 29,440 9,032 6,022 391 2,329 8,742 290 9,032
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