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Comparison of Financial Health of Woolworths and Inghams Group Limited

   

Added on  2023-06-04

13 Pages807 Words242 Views
Finance
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HI5020 CORPORATE
ACCOUNTING
Comparison of Financial Health of Woolworths and Inghams Group Limited_1

INTRODUCTION
Woolworths a major player when it comes to retail
business and has its business scattered
immensely.
Ingham Group Limited is a poultry producer and
has its business located in Australia and New
Zealand
Comparison of Financial Health of Woolworths and Inghams Group Limited_2

OWNERS’ EQUITY
The net equity of Woolworths stood at $10,849
million in comparison to $9876 that was in the
year 2017.
The contributed equity of Woolworths has also
increased because it had issued new shares under
the scheme of reinvestment and long-term
incentives of employees (Woolworths limited,
2017).
changes in retained earnings and non-controlling
interests can be due to increment in the total
profits despite payment of dividend in such year
Comparison of Financial Health of Woolworths and Inghams Group Limited_3

Ingham
Total Equity capital of Inghams Group Limited
for the year ending 2018 was $261m and was $
216.50m in the year ending 2017 (Ingham, 2017)
Increase in contributed equity
Other Reserves have decreased due to share
based payment expenses and other
comprehensive losses
Comparison of Financial Health of Woolworths and Inghams Group Limited_4

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