1. What is the general trend of the company’s current assets? Did you observe any account with significantfluctuations? What could be the reason for this?2. What is the general trend of the company’s noncurrent assets? Did you observe any account withsignificant fluctuations? What could be the reason for this?3. What is the general trend of the company’s current liabilities? Did you observe any account withsignificant fluctuations? What could be the reason for this?4. What is the general trend of the company’s noncurrent liabilities? Did you observe any account withsignificant fluctuations? What could be the reason for this?5. What is the general trend of the company’s equity? Did you observe any account with significantfluctuations? What could be the reason for this? LIABILITIES & EQUITYAccounts PayableAccrued ExpensesShort-Term Borrowings47.16%4.74%-33.65%82.35%13.61%0.64%33.00%-45.77%84.40%Current Portion of Long-Term Debt and Capital LeaseCurrent Income Taxes Payable-36.22%-42.85%109.90%-77.49%-0.63%814.18%Other Current Liabilities, Total-26.00%-1.17%101.73%Unearned Revenue, Current36.00%11.86%128.30%TOTAL CURRENT LIABILITIES26.18%-0.68%32.70%Long-Term DebtCapital Lease Liability8.10%11.54%58.14%-54.51%-56.74%-28.39%Pension & Other Post-Retirement Benefits-20.86%-0.21%97.68%Deferred Tax Liability Non-Current-13.70%-18.91%63259900.00%Other Non-Current Liabilities-12.07%54.93%1792.51%TOTAL NONCURRENT LIABILITIES3.21%8.86%75.06%TOTAL LIABILITIES13.64%4.31%51.93%Common Stock0.00%0.00%0.00%Additional Paid in Capital0.00%0.00%0.00%Retained EarningsOther Comprehensive Income15.28%7.19%5.53%129.32%8.48%-6.19%Equity attributable to equity holders of Parent9.64%6.42%5.43%Noncontrolling Interest43.17%55.22%45.97%TOTAL EQUITY9.86%6.64%5.56%TOTAL LIABILITIES AND EQUITY11.89%5.38%26.46% ABS-CBN CORP.CONSOLIDATED STATEMENTS OF FINANCIAL POSITIONcurrency in philippine pesos, in millions2010200920082007ASSETSCash74.41%32.23%17.64%Receivables12.51%11.14%9.43%Inventory-9.82%-25.08%33.08%Prepaid Expenses-47.45%43.36%-34.02%Other Current Assets14.47%-7.85%25.58%TOTAL CURRENT ASSETS29.29%11.45%14.01%Property Plant and Equipment3.27%-0.14%55.65%Long-Term Investments-30.44%6.15%291.23%Deferred Tax Assets, Long Term49.70%6.47%227.11%Deferred Charges, Long Term25.93%127.10%-45.35%GoodwillOther Intangibles0.43%11.98%9383.58%8.56%16.28%30.45%Other Long-Term Assets-4.18%-4.79%-46.83%TOTAL NONCURRENT ASSETS3.55%2.70%32.87%TOTAL ASSETS11.89%5.38%26.46%

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FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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1. What is the general trend of the company’s current assets? Did you observe any account with significant
fluctuations? What could be the reason for this?
2. What is the general trend of the company’s noncurrent assets? Did you observe any account with
significant fluctuations? What could be the reason for this?
3. What is the general trend of the company’s current liabilities? Did you observe any account with
significant fluctuations? What could be the reason for this?
4. What is the general trend of the company’s noncurrent liabilities? Did you observe any account with
significant fluctuations? What could be the reason for this?
5. What is the general trend of the company’s equity? Did you observe any account with significant
fluctuations? What could be the reason for this?

LIABILITIES & EQUITY
Accounts Payable
Accrued Expenses
Short-Term Borrowings
47.16%
4.74%
-33.65%
82.35%
13.61%
0.64%
33.00%
-45.77%
84.40%
Current Portion of Long-Term Debt and Capital Lease
Current Income Taxes Payable
-36.22%
-42.85%
109.90%
-77.49%
-0.63%
814.18%
Other Current Liabilities, Total
-26.00%
-1.17%
101.73%
Unearned Revenue, Current
36.00%
11.86%
128.30%
TOTAL CURRENT LIABILITIES
26.18%
-0.68%
32.70%
Long-Term Debt
Capital Lease Liability
8.10%
11.54%
58.14%
-54.51%
-56.74%
-28.39%
Pension & Other Post-Retirement Benefits
-20.86%
-0.21%
97.68%
Deferred Tax Liability Non-Current
-13.70%
-18.91%
63259900.00%
Other Non-Current Liabilities
-12.07%
54.93%
1792.51%
TOTAL NONCURRENT LIABILITIES
3.21%
8.86%
75.06%
TOTAL LIABILITIES
13.64%
4.31%
51.93%
Common Stock
0.00%
0.00%
0.00%
Additional Paid in Capital
0.00%
0.00%
0.00%
Retained Earnings
Other Comprehensive Income
15.28%
7.19%
5.53%
129.32%
8.48%
-6.19%
Equity attributable to equity holders of Parent
9.64%
6.42%
5.43%
Noncontrolling Interest
43.17%
55.22%
45.97%
TOTAL EQUITY
9.86%
6.64%
5.56%
TOTAL LIABILITIES AND EQUITY
11.89%
5.38%
26.46%

ABS-CBN CORP.
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
currency in philippine pesos, in millions
2010
2009
2008
2007
ASSETS
Cash
74.41%
32.23%
17.64%
Receivables
12.51%
11.14%
9.43%
Inventory
-9.82%
-25.08%
33.08%
Prepaid Expenses
-47.45%
43.36%
-34.02%
Other Current Assets
14.47%
-7.85%
25.58%
TOTAL CURRENT ASSETS
29.29%
11.45%
14.01%
Property Plant and Equipment
3.27%
-0.14%
55.65%
Long-Term Investments
-30.44%
6.15%
291.23%
Deferred Tax Assets, Long Term
49.70%
6.47%
227.11%
Deferred Charges, Long Term
25.93%
127.10%
-45.35%
Goodwill
Other Intangibles
0.43%
11.98%
9383.58%
8.56%
16.28%
30.45%
Other Long-Term Assets
-4.18%
-4.79%
-46.83%
TOTAL NONCURRENT ASSETS
3.55%
2.70%
32.87%
TOTAL ASSETS
11.89%
5.38%
26.46%

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