Identify net cash from operating activities

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Reference no: EM131052093

VIVA CASE STUDY

VIVA is the most famous telecommunication company in the Kingdom of Bahrain. You required to read VIVA annual financial report, then answer the following questions. You will be required to download the annual financial report of VIVA for the year 2014.

To download VIVA's annual report, Access the web page at: https://www.viva.com.kw/viva-publish-1.0/pdf/2014_Annual_Report_English.pdf.

Instructions:

Use the annual report to answer the following questions:

1- What are the main components of the VIVA's "Consolidated annual financial statements and independent auditor's report 31 December 2014"? The financial statements of VIVA are prepared in conformity with which standards?

2- Compare the EBITDA (KD million) & Net Profit (KD million) for the years of 2012, 2013 &2014 of VIVA, mentioning the increase OR decrease in both.

3- Go through "Independent auditor's report to the shareholders" and answer the following questions:

a. Who is responsible for the preparation of financial statements?
b. What's the independent auditor's name and what's their responsibility?

4- What were VIVA's total assets at 31 December 2013 and At 31 December 2014? Write VIVA's accounting equation at 31 December 2014, by filling "Assets=Liabilities + Stockholders' Equity".

5- Identify Revenues for the year ended 31 December 2014. How much did Revenues increase or decrease from 2013 to 2014? How much net income or net loss did VIVA earn for 2014 and for 2013? Based on net income, was 2014 better or worse than 2013?

6- For 2014 calculate the following ratios for VIVA (Show your work in calculating this ratio):

A. Identify net cash from operating activities for the year of 2014 & 2013.
B. Identify net cash used in investing activities for the year 2014 & 2013.
C. Identify net cash from financing activities for the year 2014 & 2013.
D. Identify net cash increased/decreased for the year 2014 & 2013.
E. Give an explanation for (D) results.

7- Find the current ratio for both 2013, and 2014. In which year VIVA liquidity was better?

8- Find the Debt ratio for both 2013, and 2014. In which year VIVA debt percentage was better?

Reference no: EM131052093

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