Find the cost of good sold and other operating expense 2019:

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter1: Multinational Financial Management: An Overview
Section: Chapter Questions
Problem 1CT
icon
Related questions
Question

Find the cost of good sold and other operating expense 2019: 

ASSETS
FOREIGN CURRENCY FINANCIAL ASSETS
International reserves
Deposits with foreign banks
Other cash balances
Investment securities
Foreign securities purchased under agreements
to resell
Loan to International Monetary Fund
Gold
International Monetary Fund special drawing rights
Gross international reserves
Other foreign currency receivables
Non-international reserve foreign currency
Derivative instruments in a net gain position
Total foreign currency financial assets
LOCAL CURRENCY FINANCIAL ASSETS
Investment securities
Loans and advances (net).
Overnight lending facility
Due from administrator of funds
Other receivables
Total local currency financial assets
Total financial assets
OTHER ASSETS
Acquired assets held for sale (net)
Investment property (net)
Bank premises, furniture, fixtures and equipment (net)
Intangible assets (net)
Inventories (net)
Property dividend to NG
Deferred tax assets
Miscellaneous assets
Total other assets
TOTAL ASSETS
Note
2.7/2.8.3/2.9
6
7
8
9
10
11
12
15
40.a
2.8.3/2.18
2.9
16
13
2.19.1/14
2.21.1 to
4/2.22.1 to
15
2.10/18
2.11/19
2.12/20
2.13/21
2.15/22
28.a
2.28/42.2
23
2018
2019
(as restated)
458,569,941,823 1,123,255,615,979
1,518,333,400
1,131,822,894
2,865,653,547,551 2,134,396,095,054
639,591,917,167 388,368,175,329
1,403,534,278 2,111,092,664
407,222,442,383 428,575,278,987
60,122,874,556
62,332,053,326
4,434,082,591,158 4,140,170,134,233
104,788,346,177
93,407,620,931
32,054,478
33,255,679
17,843,093
52,562,590
4,538,920,834,906 4,233,663,573,433
226,137,002,076 223,298,756,824
159,046,281,749 208,403,115,182
41,120,214,988 69,102,232,667
32,818,796,108
30,583,503,441
23,226,187,319
33,135,914,372
482,348,482,240 564,523,522,486
5,021,269,317,146 4,798,187,095,919
201,796,921
154,000,342
11,907,838,718
14,042,618,282
24,401,246,346
23,789,746,360
247,275,074
260,226,774
12,324,337,727
10,689,227,749
285,214,339
285,214,339
12,109,488,836
2,654,593,073
1,483,838,065
1,532,376,244
62,926,191,147
53,442,848,042
5,084,195,508,293 4,851,629,943,961
Transcribed Image Text:ASSETS FOREIGN CURRENCY FINANCIAL ASSETS International reserves Deposits with foreign banks Other cash balances Investment securities Foreign securities purchased under agreements to resell Loan to International Monetary Fund Gold International Monetary Fund special drawing rights Gross international reserves Other foreign currency receivables Non-international reserve foreign currency Derivative instruments in a net gain position Total foreign currency financial assets LOCAL CURRENCY FINANCIAL ASSETS Investment securities Loans and advances (net). Overnight lending facility Due from administrator of funds Other receivables Total local currency financial assets Total financial assets OTHER ASSETS Acquired assets held for sale (net) Investment property (net) Bank premises, furniture, fixtures and equipment (net) Intangible assets (net) Inventories (net) Property dividend to NG Deferred tax assets Miscellaneous assets Total other assets TOTAL ASSETS Note 2.7/2.8.3/2.9 6 7 8 9 10 11 12 15 40.a 2.8.3/2.18 2.9 16 13 2.19.1/14 2.21.1 to 4/2.22.1 to 15 2.10/18 2.11/19 2.12/20 2.13/21 2.15/22 28.a 2.28/42.2 23 2018 2019 (as restated) 458,569,941,823 1,123,255,615,979 1,518,333,400 1,131,822,894 2,865,653,547,551 2,134,396,095,054 639,591,917,167 388,368,175,329 1,403,534,278 2,111,092,664 407,222,442,383 428,575,278,987 60,122,874,556 62,332,053,326 4,434,082,591,158 4,140,170,134,233 104,788,346,177 93,407,620,931 32,054,478 33,255,679 17,843,093 52,562,590 4,538,920,834,906 4,233,663,573,433 226,137,002,076 223,298,756,824 159,046,281,749 208,403,115,182 41,120,214,988 69,102,232,667 32,818,796,108 30,583,503,441 23,226,187,319 33,135,914,372 482,348,482,240 564,523,522,486 5,021,269,317,146 4,798,187,095,919 201,796,921 154,000,342 11,907,838,718 14,042,618,282 24,401,246,346 23,789,746,360 247,275,074 260,226,774 12,324,337,727 10,689,227,749 285,214,339 285,214,339 12,109,488,836 2,654,593,073 1,483,838,065 1,532,376,244 62,926,191,147 53,442,848,042 5,084,195,508,293 4,851,629,943,961
Note
2.8.1/33
2.8.3
Operating Income
Income from foreign currency financial assets
Interest income
Trading gain/(loss) - foreign
Fees - foreign
Premium received on call/put option
Miscellaneous income
Expenses on foreign currency financial liabilities
Interest expense
2.8.1/33
Other foreign currency expenses
Impairment on foreign currency financial
accounts
2.9.3/35
Foreign currency income
Income from local currency financial assets
Interest income
2.8.1/33
Trading gain domestic
Expenses on local currency financial liabilities
Interest expenses
2.8.1/33
Final tax paid on interest income/discounts
Impairment on local currency financial accounts 2.9.3/35
Local currency loss
Income from net financial accounts
Other operating income
34
Currency printing and minting cost
36
Operating expenses
37
Net income before FX rates fluctuation
Net gain on FX rates fluctuation
2.8.3/34
Net Income before income tax
Income tax expense
2.28/42
Net Income for the year
38
2018
2019
(as restated)
82,418,360,056
67,576,377,472
11,091,443,042 (19,465,903,463)
28,636,192
12,221,263
0
573,798,652
331,250,516
424,450,373
93,869,689,806 49,120,944,297
(6,397,984,814)
(4,320,947,041)
(917,189,455) (921,266,046)
(24,042,675)
0
(7,339,216,944) (5,242,213,087)
86,530,472,862 43,878,731,210
17,997,093,034 10,585,157,785
32,537
113,747
17,997,125,571 10,585,271,532
(38,290,197,323) (25,613,669,503)
(2,626,910,248) (1,569,967,887)
(852,096,126) (58,080,338)
(41,769,203,697) (27,241,717,728)
(23,772,078,126) (16,656,446,196)
62,758,394,736 27,222,285,014
9,809,382,832 8,333,034,843
(12,472,751,338) (11,259,710,644)
(25,753,209,678) (22,529,373,121)
34,341,816,552
1,766,236,092
14,725,317,304
53,107,589,860
49,067,133,856
54,873,825,952
(2,828,194,387) (15,253,509,923)
46,238,939,469 39,620,316,029
Transcribed Image Text:Note 2.8.1/33 2.8.3 Operating Income Income from foreign currency financial assets Interest income Trading gain/(loss) - foreign Fees - foreign Premium received on call/put option Miscellaneous income Expenses on foreign currency financial liabilities Interest expense 2.8.1/33 Other foreign currency expenses Impairment on foreign currency financial accounts 2.9.3/35 Foreign currency income Income from local currency financial assets Interest income 2.8.1/33 Trading gain domestic Expenses on local currency financial liabilities Interest expenses 2.8.1/33 Final tax paid on interest income/discounts Impairment on local currency financial accounts 2.9.3/35 Local currency loss Income from net financial accounts Other operating income 34 Currency printing and minting cost 36 Operating expenses 37 Net income before FX rates fluctuation Net gain on FX rates fluctuation 2.8.3/34 Net Income before income tax Income tax expense 2.28/42 Net Income for the year 38 2018 2019 (as restated) 82,418,360,056 67,576,377,472 11,091,443,042 (19,465,903,463) 28,636,192 12,221,263 0 573,798,652 331,250,516 424,450,373 93,869,689,806 49,120,944,297 (6,397,984,814) (4,320,947,041) (917,189,455) (921,266,046) (24,042,675) 0 (7,339,216,944) (5,242,213,087) 86,530,472,862 43,878,731,210 17,997,093,034 10,585,157,785 32,537 113,747 17,997,125,571 10,585,271,532 (38,290,197,323) (25,613,669,503) (2,626,910,248) (1,569,967,887) (852,096,126) (58,080,338) (41,769,203,697) (27,241,717,728) (23,772,078,126) (16,656,446,196) 62,758,394,736 27,222,285,014 9,809,382,832 8,333,034,843 (12,472,751,338) (11,259,710,644) (25,753,209,678) (22,529,373,121) 34,341,816,552 1,766,236,092 14,725,317,304 53,107,589,860 49,067,133,856 54,873,825,952 (2,828,194,387) (15,253,509,923) 46,238,939,469 39,620,316,029
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Accounting for Impairment of Assets
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
International Financial Management
International Financial Management
Finance
ISBN:
9780357130698
Author:
Madura
Publisher:
Cengage
Financial Reporting, Financial Statement Analysis…
Financial Reporting, Financial Statement Analysis…
Finance
ISBN:
9781285190907
Author:
James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Publisher:
Cengage Learning