Vodafone Group, Plc.Consolidated Statements of Financial PositionAt March 312015 2014£m £mLong-term assets:Goodwill 22,537 23,315Other intangible assets 20,953 23,373Property, plant, and equipment 26,603 22,851 2015 2014£m £mInvestments in associates and joint ventures (3) 114Other investments 3,757 3,553Deferred tax assets 23,845 20,607Post employment benefits 169 35Trade and other receivables 4,865 3,270102,726 97,118Current assets:Inventory 482 441Taxation recoverable 575 808Trade and other receivables 8,053 8,886Other investments 3,855 4,419Cash and cash equivalents 6,882 10,134Assets held for sale — 3419,847 24,722Total assets 122,573 121,840Equity (details provided in complete statements) 67,733 71,781Long-term liabilities:Long-term borrowings 22,435 21,454Taxation liabilities — 50Deferred tax liabilities 595 747Post employment benefits 567 584Provisions 1,082 846Trade and other payables 1,264 1,33925,943 25,020Current liabilities:Short-term borrowings 12,623 7,747Taxation liabilities 599 873Provisions 767 963Trade and other payables 14,908 15,45628,897 25,039Total equity and liabilities 122,573 121,840(concluded)Required:1. Describe the differences between Vodafone’s balance sheets and a typical U.S. company balance sheet.2. What type of liabilities do you think are included in the provisions category in Vodafone’s balance sheets?
Vodafone Group, Plc.
Consolidated Statements of Financial Position
At March 31
2015 2014
£m £m
Long-term assets:
Goodwill 22,537 23,315
Other intangible assets 20,953 23,373
Property, plant, and equipment 26,603 22,851 2015 2014
£m £m
Investments in associates and joint ventures (3) 114
Other investments 3,757 3,553
Deferred tax assets 23,845 20,607
Post employment benefits 169 35
Trade and other receivables 4,865 3,270
102,726 97,118
Current assets:
Inventory 482 441
Taxation recoverable 575 808
Trade and other receivables 8,053 8,886
Other investments 3,855 4,419
Cash and cash equivalents 6,882 10,134
Assets held for sale — 34
19,847 24,722
Total assets 122,573 121,840
Equity (details provided in complete statements) 67,733 71,781
Long-term liabilities:
Long-term borrowings 22,435 21,454
Taxation liabilities — 50
Deferred tax liabilities 595 747
Post employment benefits 567 584
Provisions 1,082 846
Trade and other payables 1,264 1,339
25,943 25,020
Current liabilities:
Short-term borrowings 12,623 7,747
Taxation liabilities 599 873
Provisions 767 963
Trade and other payables 14,908 15,456
28,897 25,039
Total equity and liabilities 122,573 121,840
(concluded)
Required:
1. Describe the differences between Vodafone’s balance sheets and a typical U.S. company
2. What type of liabilities do you think are included in the provisions category in Vodafone’s balance sheets?
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