There is 5 questions needed to be answered in this assignment. An annual report is provided and answers must be related to annual report. Questions are in the word document attached. I will list them out here too.
The 5 questions are :
1. Are any items of Property, Plant, and Equipment, and/or Intangible Assets of your company impaired? If so, identify which assets are impaired, and the amount of accumulated impairment losses.
2. What is the carrying amount of leased assets and lease liabilities, at reporting date, of your company?
3. Describe the information disclosed about leased assets and lease liabilities in the annual financial report of your company.
4. Are there any operating leases? Describe how they are disclosed.
5. Explain the meaning of the net present value of the underlying lease liabilities for operating leases as provided by the company in the notes.