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    Assignment 1 - Financial Management

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    izza zahratunnisa
    The document provides financial statements for Garuda Indonesia for 2017. The income statement shows revenues of $158.3 billion and net earnings of $33.3 billion. The balance sheet lists total assets of $329.6 billion, including $272.5 billion of cash, and total liabilities of $35.9 billion. The cash flow statement indicates $47.9 billion from operations and $15 billion used for investments, resulting in a $32.9 billion increase in cash.

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    Assignment 1 - Financial Management

    Uploaded by

    izza zahratunnisa
    45 views2 pages
    The document provides financial statements for Garuda Indonesia for 2017. The income statement shows revenues of $158.3 billion and net earnings of $33.3 billion. The balance sheet lists total assets of $329.6 billion, including $272.5 billion of cash, and total liabilities of $35.9 billion. The cash flow statement indicates $47.9 billion from operations and $15 billion used for investments, resulting in a $32.9 billion increase in cash.

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    Assignment 1 - Financial Management

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    The document provides financial statements for Garuda Indonesia for 2017. The income statement shows revenues of $158.3 billion and net earnings of $33.3 billion. The balance sheet lists total assets of $329.6 billion, including $272.5 billion of cash, and total liabilities of $35.9 billion. The cash flow statement indicates $47.9 billion from operations and $15 billion used for investments, resulting in a $32.9 billion increase in cash.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    45 views2 pages

    Assignment 1 - Financial Management

    Uploaded by

    izza zahratunnisa
    The document provides financial statements for Garuda Indonesia for 2017. The income statement shows revenues of $158.3 billion and net earnings of $33.3 billion. The balance sheet lists total assets of $329.6 billion, including $272.5 billion of cash, and total liabilities of $35.9 billion. The cash flow statement indicates $47.9 billion from operations and $15 billion used for investments, resulting in a $32.9 billion increase in cash.

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    © All Rights Reserved
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    Download as pdf or txt
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    Izza Zahratunnisa

    Financial Management I IUP 2021


    19/438318/EK/22150

    Assignment:
    Financial Statements of Garuda Indonesia (2017)

    Pt. Garuda Indonesia


    Income Statement ($ in millions)
    For the Year 2017

    Revenue $ 158,311

    Cost of Goods Sold 58,575

    Gross Profit 99,736

    Expenses

    Salaries and Benefits 26,913

    Rent and Overhead 10,000

    Depreciation and Amortisation 15,008

    Interest 1,500

    Total Expenses 53,421

    Earnings before Tax 46,314

    Taxes 12,968

    Net Earnings 33,346

    Pt. Garuda Indonesia


    Balance Sheet ($ in millions)
    For the Year 2017

    Assets

    Cash $ 272,530

    Accounts Receivables 7,807

    Inventory 11,715

    Property & Equipment 37,713

    Total Assets 329,564

    Liabilities

    Accounts Payables 5,938

    Debt 30,000

    Total Liabilities 35,938


    Izza Zahratunnisa
    Financial Management I IUP 2021
    19/438318/EK/22150
    Pt. Garuda Indonesia
    Balance Sheet ($ in millions)
    For the Year 2017

    Shareholder’s Equity

    Equity Capital 170,000

    Retained Earnings 123,627

    Shareholder’s Equity 293,627

    Total Liabilities & Shareholders’ Equity 329,564

    Pt. Garuda Indonesia 8


    Cash Flow Statement ($ in millions)
    For the Year 2017

    Operating Cash Flow

    Net Earnings $ 33,346

    Plus: Depreciation & Amortisation 15,008

    Less: Changes in Working Capital 375

    Cash from Operations 47,980

    Investing Cash Flow

    Investment in Property & Equipment 15,000

    Cash from Investing 15,000

    Financing Cash Flow

    Issuance (repayment) of Debt -

    Issuance (repayment) of Equity -

    Cash from Financing -

    Net Increase (decrease) in Cash 32,980

    Opening Cash Balance 239,550

    Closing Cash Balance 272,530

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