Aristocrat Leisure Limited: Financial Statements and Analysis

Aristocrat Leisure Limited

Table of Contents
Sl No. Details Page No.
1 Task 1: Part A 1
2 Task 1: Part B 1-2
3 Task 2 3-4
4 Task 3: Part A 5
5 Task 3: Part B 5
6 Task 3: Part C and D 5
7 Task 3: Part E 5
8 Task 3: Part F 6
9 Reference 7

Aristocrat Leisure Limited 2017
Solution to Task 1: Part A
Aristocrat Leisure Limited is one of the most renowned names in the gaming industry and a
leading provider in the field of gaming solution. The company operates in over 90 countries
and have over 240 jurisdictions in gaming.
The company reported its financial statements for the year ended September 2017 with a
net comprehensive income of $478.2 million. The requirement of the company is to report
the consolidated revenues across all jurisdictions, countries and segment and the income
statements report exactly the same. The consolidated revenue of the company for 2017 was
reported as $2,435.80 million. The income statements reports the expenses classified on the
basis of functions as desired by the company. The extract of the Profit or Loss statement
available on page 57 (Aristocratleisurelimited.gcs-web.com, 2019) of the annual report is
reproduced as below for ready reference
Solution to Task 1: Part B
AASB101 which is the standard controlling the Presentation of Financial Statements states in
the paragraph 99 states that all business organisation shall present and report all the
general expense incurred by it way of detailed analysis. The expenses should be classified on
the basis of nature of the expense and functionality of the expense and then reported in the
profit or loss statement. This shall form part of the financial statements in the annual report
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