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) In Amplats's auditors' report, who is responsible for the company's internal controls?

(b) Which company has the larger amount of cash and equivalents relative to its total assets?

(c) The cash and equivalents on the 2010 statement of financial position of Eastplats have increased considerably since 2009. By looking at the statement of cash flows, what is the major reason for this increase?