Analyzing Stockholders Equity Accounts and Transactions Nutrien Ltd.the worlds largest potash produceris a Canadian corporation...
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Analyzing Stockholders Equity Accounts and Transactions Nutrien Ltd.the worlds largest potash produceris a Canadian corporation based in Saskatoon, Saskatchewan. The following is information taken from its financial statements reported in $US but prepared in accordance with IFRS.
Accumulated Other Comprehensive (Loss) Income (AOCI) | |||||||||
---|---|---|---|---|---|---|---|---|---|
Net | |||||||||
Actuarial | Loss on | Total | |||||||
Net Fair | Gain on | Currency | Accumulated | ||||||
Value | Defined | Translation | Other | ||||||
Share | Contributed | Loss on | Benefit | of Foreign | Comprehensive | Retained | Total | ||
(In millions of dollars) | Capital | Surplus | Investments | Plans | Operations | Other | Income | Earnings | Equity |
BalanceDecember 31, 2017 | $1,806 | $230 | $73 | $- | $(2) | $(46) | $25 | $6,242 | $8,303 |
Merger impact (Notes 3 and 11) | 15,898 | 7 | - | - | - | - | - | (1) | 15,904 |
Net earnings | - | - | - | - | - | - | - | 3,573 | 3,573 |
Other comprehensive (loss) income | - | - | (99) | 54 | (249) | (8) | (302) | - | (302) |
Share repurchased (Note 24) | (998) | (23) | - | - | - | - | - | (831) | (1,852) |
Dividends declared | - | - | - | - | - | - | - | (1,273) | (1,273) |
Effect of share-based compensation including | |||||||||
issuance of common shares | 34 | 17 | - | - | - | - | - | - | 51 |
Transfer of net actuarial gain on | |||||||||
defined benefit plans | - | - | - | (54) | - | - | (54) | 54 | - |
Transfer of net loss on sale of investment | - | - | 19 | - | - | - | 19 | (19) | - |
Transfer of net loss on cash flow hedges | - | - | - | - | - | 21 | 21 | - | 21 |
BalanceDecember 31 , 2018 | $16,740 | $231 | $(7) | $- | $(251) | $(33) | $(291) | $7,745 | $24,425 |
Authorized The company is authorized to issue an unlimited number of common shares without par value and an unlimited number of preferred shares. The common shares are not redeemable or convertible. The preferred shares may be issued in one or more series with rights and conditions to be determined by the Board of Directors. No first preferred shares have been issued.
Issued | Number of Common Shares |
---|---|
Balance, December 31, 2017 | 644,197,473 |
Issued under option plans | 670,201 |
Repurchased | (36,332,197) |
Balance, December 31, 2018 | 608,535,477 |
a. How many shares are issued at December 31, 2018? Answer
b. At what average price were these shares issued as of December 31, 2018? Note: Round your answer to two decimal places (for example, enter 67.49 for 67.48555). $Answer
c. 1. How many shares are issued under option plans at December 31, 2018? Answer
shares 2. At what average price were these shares issued? Note: Round your answer to two decimal places (for example, enter 67.49 for 67.48555). $Answer
e. On December 14, 2018, the companys Board of Directors declared a quarterly dividend of $0.43 per share, payable to all shareholders of record on March 29, 2019. Assuming that the number of shares outstanding on March 29, 2019, is the same as on December 31, 2018, what dividends will the company pay? $Answer____ million f. Comprehensive income includes net income plus other comprehensive income. What was the companys comprehensive income for 2018? $Answer_________million
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