Find the February 2021 audited annual financial statement online for the Canadian public company Ovintiv Inc. and answer the following questions, If complementary data is needed to answer any of the questions, you can look at any of the following complimentary documents: Annual Report, MD&A or Annual Information Form. Look for the items requested in the Audited Annual Financial Statements and report them as you see them, without making any adjustments or conversions.

1. Net Income before Income Tax (do not consider comprehensive income)

2. Total of Depreciation Expense (including Amortization)

3. Property, Plant, and Equipment (net book value)

4. Diluted Earnings per Share

5. Current Assets

6. Total impairment costs/losses (impairment + abandonment + decommission)

7. Retained Earnings

8. Who was the auditor?

9. Who was the Chair of the Board of Directors at the time the audited annual financial statement was issued?

10. What was the percentage change in total net Revenue during the year?

11. Which is the largest item line reported in the assets section of the consolidated statement of financial position? Which is the largest item line reported as a cost/expense in the consolidated income statement? Explain how each of those items is related to the type of activities the company performs.

Required 

Show how you come up with each answer for the calculation questions.

Answer rating: 100% (QA)

Amount in US million 1 Net Income before Income Tax do not consider comprehensive income 5730 this i... View the full answer