Following chart depicts stocks and flows relation of Dongguk Industry for the fiscal year 2018-2019 based...

 

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Following chart depicts stocks and flows relation of Dongguk Industry for the fiscal year 2018-2019 based on reformulated primary financial statements. (unit: W million) STOCKS Balance sheet 2018 NOA 7,856 NFA 3,488 CSE ? Income statement 2018 OI 2,134 2 2,122 NFE CI NOA Net Operating Assets NFA = Net Financial Assets CSE-Common Stock Equity FLOW S +2-2,532- -?+2,532-?- +? - ? = STOCKS Balance sheet 2019 ? NOA NFA CSE ? Cash Flow Statement 2018 FCF= d= F- 2.532 850 2 2,532 NFE Net Financial Expense FCF = Free Cash Flow=C(Cash flow from operations)-1(Cash investments) d-Net dividend (cash flow) to shareholders F = Net cash flow to debtholders and issuers C-1=01 (Operating income)--NOA (changes in NOA) Required 1: Fill in all of question marked(?) line items. (unit: W million, 10 points) Required 2: Briefly describe the changes in financial position of Dongguk Industry over the fiscal year 2018-2019. (7 points) Required 3: Explain why FCF (Free Cash Flow) does not represent the value added. (8 points) Following chart depicts stocks and flows relation of Dongguk Industry for the fiscal year 2018-2019 based on reformulated primary financial statements. (unit: W million) STOCKS Balance sheet 2018 NOA 7,856 NFA 3,488 CSE ? Income statement 2018 OI 2,134 2 2,122 NFE CI NOA Net Operating Assets NFA = Net Financial Assets CSE-Common Stock Equity FLOW S +2-2,532- -?+2,532-?- +? - ? = STOCKS Balance sheet 2019 ? NOA NFA CSE ? Cash Flow Statement 2018 FCF= d= F- 2.532 850 2 2,532 NFE Net Financial Expense FCF = Free Cash Flow=C(Cash flow from operations)-1(Cash investments) d-Net dividend (cash flow) to shareholders F = Net cash flow to debtholders and issuers C-1=01 (Operating income)--NOA (changes in NOA) Required 1: Fill in all of question marked(?) line items. (unit: W million, 10 points) Required 2: Briefly describe the changes in financial position of Dongguk Industry over the fiscal year 2018-2019. (7 points) Required 3: Explain why FCF (Free Cash Flow) does not represent the value added. (8 points)

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