(a) Collect the latest annual reports of Two (2) ASX listed companies for the last 3 years. Based on your collected annual reports, do the following tasks:

(i) Identify the different sources of fund that have been used by your selected companies

(ii) Examine the evolution of the sources of fund used by the company over the last five years period with specific focus on the changes of different sources of funds

(iii) What percentage of the fund is internally generated and what percentage of the fund is externally generated.

(iv) Explain the relative merits and demerits of the different sources of fund used by your selected companies.

(v) Critically examine different types of liabilities shown in the balance sheet of your selected companies? Identify which ones of the liabilities are interest bearing and which ones are not interest is bearing.

(vi) Critically examine the key provisions under the AASB 137 ‘Provisions, Contingent Liabilities and Contingent Assets.

(vii) Identify if your selected companies have made any reference to this particular standard (AASB 137) in their annual reports.

(b) Write a reflective journal of what you have learned from studying this unit, and what did you find interesting. The assignment Structure should be as the following: Abstract - One paragraph List of Content Introduction Body of the assignment with a detailed answer on each of the required tasks Summary/Conclusion List of references

Answer rating: 100% (QA)

The two companies that I have selected for this assignment are BHP Billiton Limited and Rio Tinto Limited These companies are selected based on the fact that they are both largescale mining companies ... View the full answer