ACCT2542 - BHP 2005 2006 2007 2008 2009 Total equity...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: BHP 2005 2006 2007 2008 2009 Total equity (millions) 24046 32901 35252 40560 50174 Less : cost of goodwill and IIA purchased (millions) 672 919 725 649 815 Net tangible assets (millions) 23374 31982 34527 39911 49359 MARKET CAPITALIZATION STATEMENT Weighted average of issued ordinary shares (millions) 6124 6035 5846 5590 5565 Share price (at reporting date) 30th June 200X [$] 18.15 29 35.05 43.7 34.72 Market Capitalization (millions) 111150.6 175015 204902.3 244283 193216.8 Total IIA (millions) 149.33 127.25 190.11 324.13 Goodwill (millions) 87776.6 142883.67 170248.05 204181.89 143533.67 Total Intangible Assets (millions) 87776.6 143033 170375.3 204372 143857.8 Net tangible assets (millions) 23374 31982 34527 39911 49359 Market Capitalisation (millions) 111150.6 175015 204902.3 244283 193216.8 Analysis of Market Capitalisation IIAs 0% 0.09% 0.06% 0.08% 0.16% Goodwill 78.97% 81.64% 83.09% 83.58% 74.29% Net Tangible Assets 21.03% 18.27% 16.85% 16.34% 25.55% Book Value of goodwill in the balance sheet (millions) 2005 2006 2007 2008 2009 671.7 769.5 597.4 459.2 490.5 (i) The actual fair value of the company, as judged by the market shows that a majority of assets within BHP is reflected in the market perspective for positive future growth. The goodwill reflected in BHP in it MCS indicates that the current financial statements are not able to reflect the true market capitalisation. (ii) The volatility of the goodwill in the MCS remains quite stable, and reflects current...
View Full Document

This note was uploaded on 03/05/2012 for the course ACCT 2542 taught by Professor Knapp during the Three '11 term at University of New South Wales.

Page1 / 5

ACCT2542 - BHP 2005 2006 2007 2008 2009 Total equity...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online