The financial statements of Anglo American Platinum Limited (Amplats) are presented in Appendix B following the financial

Question:

The financial statements of Anglo American Platinum Limited (Amplats) are presented in Appendix B following the financial statements for Eastern Platinum Limited (Eastplats) in Appendix A.

Instructions

(a) Based on the information in these financial statements, determine the following for each company (in U.S. dollars for Eastplats and in the South African Rand for Amplats):

Total assets, liabilities, and shareholders' equity at December 31, 2010 and 2009

Revenue (use net sales revenue for Amplats) and profit for the years ended December 31, 2010 and 2009

(b) Calculate the percentage change between 2009 and 2010 for each company for the assets, liabilities, shareholders' equity, revenue and profit amounts determined in (a).

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...