ii Total Equity Year 2016 RM000 2015 RM000 Total Equity 3851266 3685885 Total

Ii total equity year 2016 rm000 2015 rm000 total

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ii) Total Equity Year 2016 (RM‘000) 2015 (RM‘000) Total Equity 3,851,266 3,685,885 Total Equity = [(3,851,266-3,685,885) /3,685,885] X 100% = (165,381/3,685,885) X 100% = 4.5%
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2016 2015 0 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,000,000 3,500,000 4,000,000 4,500,000 Total Equity RM'000 In year 2015, the total equity of Goldis Berhad is RM3,685,885,000. In year 2016, the total equity has been increase to RM3,851,266,000. The total equity has been increased by RM165,381,000 with 4.5%. One of the main reason of in the increasing of total equity was the retained earnings has been increased from RM1,346,410,000(2015) to RM1,487,329,000(2016) with 10.5%. Besides, the share premium has been increased with RM469,000(1.45%) from RM32,340,000(2015)to RM32,809,000(2016). Therefore, this was affect the total equity increase from year 2015 to 2016. iii) Total Liabilities Year 2016 (RM’000) 2015 (RM’000) Total Liabilities 4,434,992 4,582,737 Total Liabilities = [(4,434,992-4,582,737/4,582,737] X 100% = (- 147,745 /4,582,737) X 100% = -3.2%
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2016 2015 4350000 4400000 4450000 4500000 4550000 4600000 Total Liabilities RM'000 In year 2015, the total liabilities of Goldis Berhad was RM4,582,737,000 and it was decrease to RM4,434,992 in year 2016. The total liabilities has been decrease by RM147,745,000 with 3.2% from year 2015 to 2016. One of the reasons that cause the total liabilities decrease was the amount owing to associates was dropped from RM1,713,000 in year 2015 to RM4000 in year 2016. It was dropped 99.8% from year 2015 to 2016. Besides, the interest bearing bank borrowings was also decrease from RM1,031,636,00(2015) to RM599,442,000(2016) with 41.9%. d)iii) The annual report for the Goldis Berhad in the year of 2015 and 2016 has shown in the Statement of Comprehensive Income (SOCI) and the Statement of Financial Position (SOFP). First of all, in the report of Statement of Comprehensive Income the net profit in the year 2016 and 2015 was RM 370,243 and RM 365,570 and the difference of this amount is RM 4673. This shows that the rate of this section has increase 1.3%. This is because the
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amount of the revenue of the year 2016 is bigger than the year of 2015. Hence during the calculation process, the net profit of the year 2016 will be bigger than the year of 2015. Secondly, for the Statement of Financial Position (SOFP) the total assets can be classify to fixed assets and current assets. In the fixed assets , the amount in the year of 2016 is RM 5,693,502. However for the year of 2015 is RM 6,330,890. The result has showing that the fixed assets that Goldis Berhad has own is decreasing (89.9%).Hence, this shows that the company’s assets has become less. In the current assets for the year of 2016 is RM 2,637,549 and the year of 2015 RM 2,137,732. The rate for this section has increase 123.3%. This shows that the current assets is lower than the 2015 compare with 2016. Hence, the total assets is RM8,286,258 in the year of 2016 .However, in the year of 2015, the amount is RM8,268,622. So, the difference between this two years is RM17,636.Consequently, the rate for the total assets for both year has shown that it is increasing 0.2% and the amount of 2016 is larger than 2015. Thirdly, for the part of total equity and liabilities can be classified to 2 parts which is owner equity, long term liability, and current liability. For the owner equity part the amount for the year of 2016 and 2015 are RM3,851,266 and RM3,685,885 .The rate for this section has increase 104.4%.This shows that the owner equity has increase between the year of 2015 and 2016.Then,for the long term liability parts for the year of 2016 and 2015 are RM2,967,659 and RM2,920,268. Hence, the rate for this section is 101.6%, it is increasing due to the amount of 2016 is larger than 2015.Finally, we have the current liability in the
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year of 2015 and 2016 also. The amount of 2015 and 2016 are RM 1,467,333 and RM 1,662,469. The rate for this section is 88.2%.This shows that the amount between the year of 2015 and 2016 is increasing. The total of equity and liability for the year of 2015 and 2016 is RM 8,286,258 and RM 8,268,622.
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  • Fall '19
  • Balance Sheet, Generally Accepted Accounting Principles, Goldis Berhad

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