- Ridley Corporation Limited (ASX code: RIC)

- Accent Group Limited (ASX code: AX1)

Analyse the profitability of invested capital (assets) for each of the two companies in 2022 as compared to 2021. Based on your calculations, explain the main reason(s) for the change in the profitability for each company over the two years. Note: ensure that you analyse in this question, not just describe the ratio values.

B Company Name Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited C Item Operating Revenue Other Revenue Total Revenue Excluding Interest Operating Expenses EB ITDA Depreciation Amortisation Depreciation and Amortisation EBIT Interest Revenue Interest Expense Net Interest Expense PreTax Profit Tax Expense Net Profit after Tax Before Abnormals Abnormals Abnormals Tax Net Abnormals Reported NPAT After Abnorma Is Outside Equity Interests Shares Outstanding at Period End Weighted Average Number of Shares EPS Adjusted (cents/share) EPS After Abnormals (cents/share) D 06/21 990,607,000.00 2,147,000.00 992,754,00000 -750,739,000.00 242,015,00000 -109,793,000.00 -5,238,000.00 -115,031,000.00 126,984,00000 997,000.00 -14,903,000.00 -13,906,000.00 E 06/22 1,127,475,00000 2,322,000.00 1,129,797,000.00 -916,232,000.00 213,565,000.00 -137,965,000.00 6,574,000.00 -143,539,000.00 70,026,000.00 786,000.00 -16,470,000.00 -15,684,000.00 113,078,000.00| 54,342,000.00-| -34,076,000.00 79,002,000.00 -2,079,000.00 0.00 -2,079,000.00 76,923,000.00 0.00 541,666,71500 541,430,39600 14.03 13.66 -15,128,000.00 39,214,00000 -7,750,000.00 0.00 -7,750,000.00 31,464,000.00 0.00 541,866,71500 541,750,781.00 6.97 5.59 I Company Name Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Item CA - Cash CA - Receivables CA - Prepaid Expenses CA - Inventories CA - Investments CA - NCA Held Sale CA - Other Total Current Assets NCA - Receivables NCA - Inventories NCA - Investments NCA - PP&E NCA - |ntangibles(ExGW) NCA - Goodwill NCA - Future Tax Benefit NCA - Other Total NCA Total Assets CL - Account Payable CL - Short-Term Debt CL - Provisions CL - NCL Held Sale CL - Other Total Curr. Liabilities NCL - Account Payable NCL - Long-Term Debt NCL - Provisions NCL - Other Total NCL Total Liabilities Share Capital Reserves Retained Earnings Other Equity Convertible Equity SE Held Sale Outside Equity Total Equity 06/21 34,084,00000 49,032,00000 4,180,000.00 216,881,000.00 0.00 0.00 628,000.00 304,805,000.00 16,993,000.00 0.00 81,000.00 386,875,00000 53,701,000.00 319,022,00000 30,699,000.00 0.00 807,371,00000 1,112,176,00000 149,446,00000 146,811,00000 35,122,000.00 0.00 8,784,000.00 340,163,000.00 0.00 338,140,000.00 685,000.00 4,208,000.00 343,033,00000 683,196,00000 390,616,00000 26,024,00000 12,340,000.00 0.00 0.00 0.00 428,980,00000 06/22 49,734,00000 47,303,00000 8,142,000.00 241,631,00000 13,569,000.00 0.00 14,810,000.00 375,189,000.00 0.00 0.00 1,383,000.00 439,072,00000 55,554,000.00 319,187,00000 13,103,000.00 12,346,00000 840,645,00000 1,215,834,000.00 143,148,00000 143,290,00000 15,595,000.00 0.00 11,089,00000 313,122,000.00 0.00 457,036,00000 857,000.00 4,593,000.00 462,486,00000 775,608,00000 390,926,00000 36,653,00000 12,647,000.00 0.00 0.00 0.00 440,226,00000 \f\f\fCompany Name IAccent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Accent Group Limited Item Receipts from Customers Payments to Suppliers and Employees Dividends Received Interest Received Interest Paid Tax Paid Other Operating Cashflows Net Operating Cashflows Payment for Purchase of PPE Proceeds From Sale of PPE Investments Purchased Proceeds From Sale of Investments Payments for Purchase of Subsidiaries Proceeds from Sale of Subsidiaries Loans Granted Loans Repaid Other Investing Cashflows Net Investing Cashflows Proceeds from Issues Proceeds from Borrowings Repayment of Borrowings Dividends Paid Other Financing Cashflows Net Financing Cashflows Net Increase in Cash Cash at Beginning of Period Exchange Rate Adj Other Cash Adjustments Cash at End of Period 061'21 1,102,053,000.00 -876,050,000.00 0.00 61,000.00 -2,614,000.00 -53,227,000.00 -10,814,000.00 159,409,00000 -31,671,000.00 0.00 0.00 0.00 -12,996,000.00 0.00 0.00 0.00 0.00 $4,667,000.00 1,016,000.00 15,000,000.00 0.00 -65,024,000.00 -86,806,000.00 -135,814,000.00 -21,072,000.00 $4,912,000.00 244,000.00 0.00 34,084,00000 06/22 1,247,779,00000 -1,072,871,000.00 0.00 0.00 3,647,000.00 -19,420,000.00 -11,495,000.00 140,346,00000 -45,897,000.00 0.00 0.00 0.00 -2,704,000.00 0.00 0.00 0.00 0.00 -48,601,000.00 310,000.00 357,125,00000 -288,250,000.00 -31,157,000.00 -114,068,000.00 -76,040,000.00 15,705,00000 34,084,00000 -55,000.00 0.00 49,734,00000