Note HDFC has GOODWILL Impairments whereas ICICI doesnt have the same its due

Note hdfc has goodwill impairments whereas icici

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Note: HDFC has GOODWILL & Impairments whereas ICICI doesn’t have the same, its due to the acquisition done by HDFC PBT of ICICI AMC is 13% lower than HDFC and PAT of ICICI is 10 % lower than HDFC AMC, although the revenue for both the entity is similar due to the improper management of ‘other expenses’ by ICICI has lagged ICICI by a huge margin of 10% with its rival 2. Please compute the index based numbers (similar to solved problem 7.2 in page 451 for your allocated company for the latest three years – this portion is not needed for competitor; for example – your company FY19, FY18 and FY17) … Please comment within 200 words -2018 2016 -2017 2018 -19 %age 2017 -18 %age 2016 -17 %age Assets Financial assets Cash and cash equivalents 4.83 10.43 1.92 251.6% 543.2% 100.0% Receivables - Trade Receivables 99.76 117 72.86 136.9% 160.6% 100.0% - Other Receivables 1.62 18.53 79.53 2.0% 23.3% 100.0% loans 22.5 21.3 18.11 124.2% 117.6% 100.0% Investments 149.1% Other financial assets 2.22 8.48 3.52 63.1% 240.9% 100.0% Non-financial assets Current tax assets 26.77 31.04 16.83 159.1% 184.4% 100.0% differed tax assets 2682.5% Property, plant and equipment 36.44 29.7 22.3 163.4% 133.2% 100.0% Capital WIP 116.4% intangible assets under development 2.55 6 0.91 280.2% 659.3% 100.0% Other tangible assets 9.43 2.58 3.03 311.2% 85.1% 100.0% other non-financial assets 143.63 272.54 146.81 97.8% 185.6% 100.0% Total Assets 1385.89 1213.05 1051.31 131.8% 115.4% 100.0% LIABILITIES AND EQUITY LIABILITIES Financial Liabilities ICICI PRUDENTIAL AMC – P&L statement Index Based Particulars 2018 -2019 2017 -2018 2016 -2017 2018 -19 %age 2017 -18 %age 2016 -17 %age Revenue from Operations 2002.95 1887.06 1300.9 154% 145% 100% Other Income 1.37 8.73 48.9 3% 18% 100% Total Income 2004.32 1895.79 1349.7 148% 140% 100% Expenses Employee Benefits expense 247.11 226.3 175.3 141% 129% 100% Depreciation & amortization expense 18.2 13.85 10.5 173% 132% 100% Other expenses 690.24 718.95 429.2 161% 168% 100% Total expenses 955.57 959.1 615.0 155% 156% 100% Profit before TAX 1048.75 936.69 734.7 143% 127% 100% TAX expenses: (a) Current tax 369.84 330.52 261.1 142% 127% 100% Tax adjustments for the earlier years 0.0 0.0 -3.8 0% 0% 100% (b) Deferred tax -4.1 -7.6 -3.1 132% 244% 100% Profit for the year 683.08 613.79 480.0 142% 127% 100%
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ICICI Prudential AMC Payables Trade Payables (i) Total outstanding’s dues of micro enterprise and small enterprises 0 0.08 100.0% (ii) Total outstanding dues of creditors
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