Nestls financial statements are presented in Appendix B. Financial statements of Delfi Limited are presented in Appendix
Question:
Nestlé’s financial statements are presented in Appendix B. Financial statements of Delfi Limited are presented in Appendix C. The complete annual reports of Nestlé and Delfi , including the notes to the financial statements, are available at each company’s respective website.
Instructions
a. What is the par or stated value of Nestlé’s (Note 17) and Delfi ’s (Note 30) ordinary shares?
b. How many shares were issued by Nestlé at December 31, 2016, and by Delfi at December 31, 2015?
c. How many treasury shares are held by Nestlé at December 31, 2016, and by Delfi at December 31, 2015?
d. How many Nestlé ordinary shares are outstanding at December 31, 2016? How many Delfi ordinary shares are outstanding at December 31, 2015?
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
Step by Step Answer:
a Par value Nestle CHF 010 per share Delfi No par value reported b Ordi...View the full answer
Accounting Principles
ISBN: 978-1119419617
IFRS global edition
Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt
