Question: What effect does AASB 16 has on Air New Zealand Limited and Qantas Limited's income statement, balance sheet and cash flow statement? What does it

What effect does AASB 16 has on Air New Zealand Limited and Qantas Limited's income statement, balance sheet and cash flow statement? What does it mean for users of both Corporations' financial statements?

(Note: Compare and discuss relevant ratios (minimum 10 ratios) where applicable. Use 2018 Annual Report for both Air New

Zealand Limited and Qantas for comparison. Attach as Appendix 1 extract from the financial statements that you have used. Compare

and discuss ratios in the body of your discussion and attach your ratio calculations including any formula for both companies in appendix

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