Eli Lilly 17 - Unrealized gross gains Unrealized gross...

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2008 Eli Lilly Financial Statement Analysis Name: Chapter 17: Investments 1. Eli Lilly places substantially all of its interest-bearing investments with major financial institutions, in US government securities, or with top-rated corporate issuers. What is the % breakdown of its debt investments allocations as of 12/31/08? Corporate securities: Asset-backed securities: US government securities: 2. What are the following 12/31/08 values of short-term investments in debt securities? Book value: Fair value (using Quoted prices in active markets): 3. What are the following 12/31/08 values of long-term investments in debt securities? Book value: Fair value (using Quoted prices in active markets): 4. What is the 12/31/08 fair value of investments in marketable equity (available-for-sale) securities? 5. At 12/31/08, what are the total amounts of gross unrealized gains and unrealized losses on available-for- sale securities?
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Unformatted text preview: Unrealized gross gains: Unrealized gross losses: 6. What is Eli Lilly’s plan regarding its debt securities in a loss position at the end of 2008? 7. How much was comprehensive income adjusted for the net change in unrealized gains/losses in 2008? Was it a net gain or net loss? 8. How much net gain (gains less losses) was realized in the 12/31/08 income statement related to available-for-sale security sales? 9. Eli Lilly has at least one investment in a company over which it exhibits significant influence. What is the carrying amount of this investment at 12/31/08? 10. Does Eli Lilly own any investments classified as trading? How do you know? 11. Using the statement of cash flows, list the following 2008 cash inflows and outflows associated with non-current investments: Proceeds from sale/maturity of non-current investments: Purchase of non-current investments:...
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This note was uploaded on 11/22/2010 for the course ACCT 320 taught by Professor Alee during the Spring '10 term at Kansas State University.

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Eli Lilly 17 - Unrealized gross gains Unrealized gross...

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