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4) Calculate the following ratios from balance sheet statement for any organization (which you can download from any GCC Security Market) for the last annual report (that includes all financial statement) (5 * 5 = 25) Current ratio Debt ratio Quick ratio Equity multiplier Debt to equity ratio 5) Interpret the results of the ratios and explain what does that mean to the performance of the organization. The answer you provided should be supported by relevant literature review including scientific journal, website and related books. (500 words) (20 marks) 2019 USD'000 2018 RO000 2018 USD'000 253,649 659,683 640,630 9,049 1,267 650,946 305 794 253,954 660,477 1,878 AL BATINAH POWER COMPANY SAOG STATEMENT OF FINANCIAL POSITION At 31 December 2019 2019 Notes R0000 ASSETS Non-current assets Property, plant and equipment 8 246,322 Right-of-use assets 9a 3,479 Capital spares 487 250,288 Current assets Inventory 1,911 Trade and other receivables 10 5,118 Short term deposit 11 1,578 Cash and cash equivalents 12 1,883 10,490 TOTAL ASSETS 260,778 EQUITY AND LIABILITIES Equity Share capital 13 a 67,489 Legal reserve 13 b 5,468 Retained earnings 15,981 Total equity 88,938 Hedging reserve 13 c & 14 (6,816) Net Equity 82,122 5,905 4,970 13,310 4,103 4,898 27,281 678 227 1,807 2,021 4,883 15,356 4,700 5,256 30,195 690,672 11,611 265,565 67,489 4,493 11,935 175,523 14,222 41,563 231,308 (17,727) 213,581 175,523 11,686 31,041 218,250 (8,447) 209,803 83,917 (3,249) 80,668 137,490 357,582 LIABILITIES Non-current liabilities Term loans Lease liabilities Derivative instruments Deferred tax liability Asset retirement obligation End of service benefits 15 9b 14 70 16 122,685 3,553 8,019 17,901 276 22 152,456 319,077 9,240 20,856 46,558 716 58 396,505 3,822 16,867 256 34 158,469 9,937 43,866 665 90 412,140 9,341 24,289 Current liabilities Trade and other payables Lease liabilities Short term borrowing Term loans 17 9b 2 (xi) 15 5,040 128 5,238 15,794 26,200 178,656 260,778 13,107 333 13,623 41,078 68,141 464,646 2,200 14,887 26,428 184,897 265,565 5,722 38,718 68,729 480,869 690,672 Total liabilities TOTAL EQUITY AND LIABILITIES 678,227 22 Net assets per share (Baizas / cents) - adjusted 131.78 342.74 124.34 323.39 The financial statements were authorised for issue and approved by the Board of Directors on 19 February 2020 and were signed on their behalf by: allafle Tradup e raun Director Chairperson The attached notes 1 to 23 form part of these financial statements. 9

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