Go to National Australia Bank (NAB) website at www.nab.com.au and download the latest annual report.

Required
Use these statements to answer the following questions
a. What is the total value of each of the following items at the end of the current reporting year in the NAB group accounts? For each item, classify as an asset, expense, revenue, equity or liability. Provide reasons for your classification.
i. Investment revenue
ii. Cash and liquid assets
iii. Trading securities
iv. Goodwill and other intangibles
v. Hedging derivatives
vi. Due to other banks
vii. Property, plant and equipment
b. What is the main source of revenue for NAB? Compare this to JB Hi-Fi. What is the main source of revenue for JB Hi-Fi Ltd? What implications does this have for receivables on the balance sheet for both companies?
c. Locate the ‘Notes to the financial statements’.