How much did shareholders investdirectly in the company? Do you know whether or not the company had profits further in the past? Why?

AIMS

Financial Statements: understanding and organization

DESCRIPTION OF THE ACTIVITY

These are the accounts of the Financial Statements of your company, alphabetically organized, at December of last year.

Please draw up the Balance sheet and Income Statement formally organized and understand the meaning of every account.

P&L	Advertising	10		P&L	Interest on payables	10
P&L	Amortization of intangible assets	5		NCA	Land	200
NCA	Buildings	800		NCA	Machinery	300
CA	Cash	95		CL	Payables for the rendering of services	20
P&L	Changes in FG inventories (+)	40		CA	Raw materials	50
P&L	Changes in RM inventories (-)	30		P&L	Raw materials purchased	800
NCA	Computer software	40		P&L	Repairs and maintenance	15
P&L	Corporate tax	5		NE	Reserves	600
CL	Corporate tax payable	5		P&L	Salaries	105
CL	Current debt with financial institutions	120		NE	Share capital	850
CA	Current investment in equity instruments	10		P&L	Social Security contributions by the co.	30
P&L	Depreciation of PPE	10		CL	Social Security, payables	5
CA	Finished goods	70		CL	Suppliers	40
P&L	Finished goods sold (revenues)	1000		CA	Trade receivables	100
P&L	Income from financial investments	5

Questions:

1. How much did shareholders investdirectly in the company?
2. Do you know whether or not the company had profits further in the past? Why?
3. How much is the debt with Social Security at the end of the year?
4. Do we collect all our sales cashat sight(即期)?
5. How much has “Raw material consumption” been this year?
6. How much is the book value of the company at Dec 31^st?
7. Assume that Total Reserves at the end of previous year were 550 and profits were 75. Has this company pay dividends this year for the profit they had last year? How much?