Relevant information extracted from the financial statements of Lights Out Ltd is detailed in the table...

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Relevant information extracted from the financial statements of Lights Out Ltd is detailed in the table below. Extract from the annual report of Lights Out Ltd as of 28 Feb 2023 • The authorised shares of the company are 15 million shares, and issued share capital of the company was recorded as R75 million at a par value of R150 per share. • The closing share price was R175,00 as of 28 Feb 2023. • A dividend of R2,20 per share was paid at the end of the current financial year. • The share price on 28 Feb 2022 was R151,00 per share. • R12 million is budgeted spend on upgrading the fleet of the company in 2023 and a provision for R2 million is made for depreciation. Inventory levels spend is budgeted to be R8 million in 2023. • The free cash flow of the company was recorded as R23 million. . Show all calculations a) Calculate the total amount of dividends that were paid as at the end of the 2023 financial year. (2) b) Calculate the growth in shareholder's wealth as a percentage for the 2022 and 2023 financial year. (2) c) Calculate the cash flow from operating activities for the company based on the information provided above (2) d) There is a concern that the inventory may cost up to R10 million instead of R8 million and that further adjustments will be required to depreciation. Calculate the impact of this on the FCF of the company. (2) e) The company is experiencing a challenging 2023 year and is forecasting a 1% change in its share price from 2023; however, it would like to increase its dividend payment by 5% for 2023. Calculate what effect that this would have on the shareholder's wealth at the end of 2023/4 as a percentage. (2) Relevant information extracted from the financial statements of Lights Out Ltd is detailed in the table below. Extract from the annual report of Lights Out Ltd as of 28 Feb 2023 • The authorised shares of the company are 15 million shares, and issued share capital of the company was recorded as R75 million at a par value of R150 per share. • The closing share price was R175,00 as of 28 Feb 2023. • A dividend of R2,20 per share was paid at the end of the current financial year. • The share price on 28 Feb 2022 was R151,00 per share. • R12 million is budgeted spend on upgrading the fleet of the company in 2023 and a provision for R2 million is made for depreciation. Inventory levels spend is budgeted to be R8 million in 2023. • The free cash flow of the company was recorded as R23 million. . Show all calculations a) Calculate the total amount of dividends that were paid as at the end of the 2023 financial year. (2) b) Calculate the growth in shareholder's wealth as a percentage for the 2022 and 2023 financial year. (2) c) Calculate the cash flow from operating activities for the company based on the information provided above (2) d) There is a concern that the inventory may cost up to R10 million instead of R8 million and that further adjustments will be required to depreciation. Calculate the impact of this on the FCF of the company. (2) e) The company is experiencing a challenging 2023 year and is forecasting a 1% change in its share price from 2023; however, it would like to increase its dividend payment by 5% for 2023. Calculate what effect that this would have on the shareholder's wealth at the end of 2023/4 as a percentage. (2)

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a Calculate the total amount of dividends that were paid as at the end of the 2023 financial year Di... View the full answer