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Ornella SpA's balance sheet as at 31 December 2004 included the following items:

 

EUR million

PPE

634

Trade and other payables

926

Issued Capital

6

Cash and cash equivalents

(A)

Total equity

(B)

Non-current liabilities

2,932

Total assets

4,942

Other assets

3,128

Reserves

(C)

Other liabilities

552

Prepare a balance sheet according to the format recommended by IAS 1 - Presentation of Financial Statements. Show your computation of:

(a) cash and cash equivalents

(b) total equity

(c) reserves.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92094761

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