31 / 488
22
Wiley IFRS: Practical Implementation Guide and Workbook
0.08
0.56
0.08
0.56
(0.06)
0.42
(0.06)
0.42
1,554,713 1,553,007
1,554,713 1,553,240
2005
2004
43,979
44,040
(34,873)
(34,924)
9,106
9,116
(6,465)
(6,383)
(1,585)
(1,766)
(803)
0
(8,853)
(8,149)
253
967
88
64
(738)
(334)
(650)
(270)
118
104
(279)
801
214
(140)
(65)
661
211
222
146
883
120
870
26
13
146
883
Illustrative capital disclosu res under lAS
J
1.
XYZ company's objectives in managing its capital are
a. To ensure that the entity's ability to continue as a going concern is safeguarded so that
it can continue to meet its financial obligations as and when they fall due and by pro–
tecting its ability to provide returns to its shareholders and other stakeholders; and
b. To provide adequate returns to the shareholders by operating the business at predeter–
mined optimal levels, by ensuring the present revenue stream from operations is
maintained at least at the current levels and by effectively collecting its receivables as
agreed with debtors while extending credit.
2. Based on the financial covenants imposed on ABC Inc. by the international consortium of
bankers from whom the entity has obtained working capital loans and other indirect bank–
ing facilities (LIC and LlG facilities), the entity maintains, at all times during the year, a
debt/equity ratio of at least I to 3. For the purposes of computing debt/equity ratio the
banks have agreed to include in "equity" the following:
a. Share capital
b. Share premium
c. Retained earning
d. Shareholder' s loans in the nature of equity (including subordinated loans)
e. Statutory reserve (as per local commercial company law)
f.
Revaluation reserve
8.0 Extracts from Published Financial Statements
AHOLD, Annual Report 2006
Consolidated Statement of Operations
Euro in millions. except per-share data
Notes
2QQQ
Net sales
6
44,872
Cost of sales
(35,54 1)
Gross profit
9,33 1
Selling expenses
(6,488)
General and administrative expenses
(1,550)
Settlement securities class action
0
Total operating expenses
7,8,9
(8,038)
Op erating income
1,293
Interest income
62
Financial expense
10
(580)
(518)
Share in income of joint ventures and associates
18
152
Income (loss) before income taxes
927
Income taxes
II
(91)
Income (loss) from continuing opera tions
836
Income from discontinued operations
12
79
Net income
915
Attributable to
Common shareholders
899
Minority interests
16
Net income
915
Earnings per share
13
Net income per share attributable to common
shareholders
Basic
0.58
Diluted
0.57
Income (loss) per share from continuing operations
attributable to common shareholders
Basic
0.53
Diluted
0.52
Weighted average number of common shares
outstanding (x 1,000 shares)
Basic
1,555,475
Diluted
1,653,823
The accompanying notes are an integral part ofthese consolidated fi nancial statements.