CASE 3: SHAREHOLDER'S EQUITY AT P&G (SEE NEXT PAGE) A FINANCIAL WEBSITE CALCULATED THE BOOK VALUE PER SHARE OF P&G PER ULTIMO JUNE 2021 AND MARCH 2022 AS FOLLOWS. Procter & Gamble Co Book Value per Share Calculation Procter & Gamble Co's Book Value Per Share for the fiscal year that ended in Jun. 2021 is calculated as: Book Value Per Share (Total Stockholders Equity Preferred Stock) Shares Outstanding (EOP) (46,378 18.73 -870) / 2,430 Procter & Gamble Co's Book Value Per Share for the quarter that ended in Mar. 2022 is calculated as: Book Value Per Share (Total Stockholders Equity Preferred Stock) Shares Outstanding (EOP) / 2,399 (45,478 18.60 - 846) *For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. *For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency. Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company. Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book. CASE 3: P&G A) IF THE BALANCE SHEET EQUITY AND STATEMENT OF EQUITY IN THE 10Q WERE PRESENTED (SEE ATTACHED) EXPLAIN HOW THIS CALCULATION WAS MADE AND IF YOU AGREE WITH THIS CALCULATION: IF YOU DON'T AGREE EXPLAIN WHY. Liabilities and Shareholders' Equity CURRENT LIABILITIES Accounts payable Accrued and other liabilities Debt due within one year TOTAL CURRENT LIABILITIES LONG-TERM DEBT DEFERRED INCOME TAXES OTHER NONCURRENT LIABILITIES TOTAL LIABILITIES SHAREHOLDERS' EQUITY Preferred stock Common stock - shares issued - Additional paid-in capital Reserve for ESOP debt retirement Accumulated other comprehensive loss Treasury stock Retained earnings Noncontrolling interest TOTAL SHAREHOLDERS' EQUITY 14,175 $ 10,324 13,720 10,523 9,902 8,889 34,401 33,132 23,767 23,099 6.543 6.153 9,760 10,269 74,471 72,653 846 870 March 2022 4,009.2 June 2021 4,009.2 4,009 4,009 65,614 64,848 (916) (1,006) (13,448) (13,744) (122,272) (114,973) 111,645 268 45,746 106,374 276 46,654 CASE 3: MARKET TO BOOK RATIO B) THE COMMON STOCK PRICE ON 30 JUNE 2021 AND 31 MARCH 2022 CAN BE SEEN FROM THIS TABLE: 9 USE ADJ CLOSE Currency in USD Date Open High Low Close Adj Close May 03, 2022 158.22 158.99 155.01 156.21 156.21 May 01, 2022 161.60 162.00 155.01 156.21 156.21 Apr 21, 2022 0.913 Dividend Apr 01, 2022 153.52 164.90 151 26 160.55 159.65 Mar 01, 2022 154.31 156.47 143.03 152.80 151.95 Feb 01, 2022 160.79 164.98 150.56 155.89 155.02 Jan 20, 2022 0.87 Dividend WHAT WAS THE MARKET TO BOOK RATIO: MARKET PRICE PER COMMON SHARE/BOOK VALUE PER COMMON SHARE (BOTH IN $ USD) PER 30 JUNE 2021 AND 31 MARCJ 2022? Jan 01, 2022 (NOTE IF YOU ADJUSTED THE BOOK VALUE PER SHARE TO ANOTHER NUMBER USE YOUR OWN CALCULATED NUMBER) 161.69 165.35 156.04 160.45 158.70 Dec 01.2021 144.85 164.98 144.85 163.58 161.79 Nov 01, 2021 143.36 149.72 142 28 144.581 143.00 Oct 21, 2021 0.87 Dividend Oct 01, 2021 139.93 144.87 137.60 142.99 140.56 Sep 01, 2021 142.33 147.23 139.53 139.80 137.42 Aug 01, 2021 141.77 145.98 140.80 142.39 139.97 Jul 22, 2021 0.87 Dividend Jul 01, 2021 135.43 144.54 134.921 142 23 138.94 CASE 3: P&G Dollars in millions; shares in thousands BALANCE JUNE 30, 2021 Net earnings Other comprehensive income/(loss) Dividends and dividend equivalents ($2.6094 per share): Nine Months Ended March 31, 2022 Add-itional Common Stock Shares Amount Preferred Stock Paid-In Capital Reserve for ESOP Debt Retirement Accumulated Other Comp-rehensive Non- Income/(Loss) Treasury Stock Retained Earnings controlling Total Share- holders' Interest Equity 2,429,706 $4,009 $870 $64,848 ($1,006) ($13,744) ($114,973) $106,374 $276 $46,654 11,690 45 11,735 296 (4) 292 Common Preferred (6,318) (6,318) (208) (208) Treasury stock purchases Employee stock plans Preferred stock conversions (58,695) 25,531 2,755 (8,753) (8,753) (24) 764 4 1,434 2,198 20 ESOP debt impacts 90 107 - 197 Noncontrolling interest, net (2) (49) (51) BALANCE MARCH 31, 2022 2,399,297 $4,009 $846 $65,614 ($916) ($13,448) ($122,272) $111,645 $268 $45,746