Answer the questions based on these two annual reports.

(Auckland Airport )https://corporate.aucklandairport.co.nz/investors/results-and-reports(2018 Financial Statements)

(Air New Zealand) https://p-airnz.com/cms/assets/PDFs/Air-NZ-2018-Financial-Results.pdf

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1. Is the entity a parent? 2. Is there any NCI? 3. The 'Investments in other entities' asset in the SFP is predominantly made up of what type of investment? 4. The 'Investment in Associates and joint ventures' asset in the SFP is predominantly made up of what type of investment? 5. Within the Statement of Accounting Policies there is one for the 'Basis of consolidation. Within this policy find the answers to the following: (a) State the page number where you found this policy. (b) The consolidated financial statements are accounted for using which method? (c) What is done with the material intercompany transactions? 6. Is there any group goodwill? Air NZ Non applicable Auckland Airport Non applicable 1. Is the entity a parent? 2. Is there any NCI? 3. The 'Investments in other entities' asset in the SFP is predominantly made up of what type of investment? 4. The 'Investment in Associates and joint ventures' asset in the SFP is predominantly made up of what type of investment? 5. Within the Statement of Accounting Policies there is one for the 'Basis of consolidation. Within this policy find the answers to the following: (a) State the page number where you found this policy. (b) The consolidated financial statements are accounted for using which method? (c) What is done with the material intercompany transactions? 6. Is there any group goodwill? Air NZ Non applicable Auckland Airport Non applicable

Answer rating: 100% (QA)

1 Air New Zealand Limited is a parent company which has many subsidiary companies while Auckland Airport is a subsidiary company 2 There is NCI in the ... View the full answer