Refer to the extracts of the 2014 annual report of Woolworths Limited in this book's appendix. All questions relate to the consolidated accounts.
1. At what point in time is the balance sheet drawn up?
2. What is the currency in which accounts in the balance sheet are measured?
3. Illustrate how the 2014 balance sheet of Woolworths Limited balances.
4. How were the assets financed?
5. How is the 'net assets' figure determined?
6. What are the balances of current assets, current liabilities, noncurrent assets and noncurrent liabilities at 29 June 2014?
7. What is the balance of working capital at 29 June 2014?
8. What dividends were paid during the year?
9. What is the amount of share capital issued?
10. What companies would be included in the consolidated figures?
11. What is cost of goods sold for Woolworths in 2014?
12. For Woolworths in 2014, are the net profits from ordinary activities after tax and the change in the cash balance the same amounts?
13. What is the amount of net profit for 2014?
14. What amount of revenue was earned in 2014?
15. How much inventory (in dollars) does the company have as at 29 June 2014?
16. By what amount did cash and cash equivalents change during the most recent year?

Data from Appendix

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WOOLWORTHS LIMITED SUSTAINABILITY METRICS AND PROGRESS - PROGRESS AGAINST OBJECTIVES 1 Reduce carbon emissions from our buildings by 40% by 2015 (compared to projected growth levels) Energy efficient and low carbon technology delivered an 18.7% reduction in carbon emissions, compared to original projected growth levels for 2014 Sourcing electricity from renewable sources delivered a further 14.2% reduction in emissions 2 Achieve a 25% reduction in carbon emissions per square metre for new supermarkets New supermarkets built in 2014 have carbon emissions per square metre which are, on average, 25.1% lower than baseline stores 3 Zero food waste to landfill by 2015 (where receiving facilities are available) The volume of recoverable food waste in our waste stream reduced by 20%, from 77% to 57% Woolworths has diverted an estimated 40,000 tonnes of food waste from landfill and we continue to identify new solutions for food waste 4 Reduce amount of recyclable cardboard in the waste stream to less that 1% by weight Weight of recyclable cardboard in supermarkets rubbish bins was 0.96%