This report provides a comparative analysis of Woolworths and Wesfarmers, focusing on equity owner's analysis, cash flow statements, and deferred tax assets and liabilities. It examines the ordinary share capital, other equity instruments, reserves, and retained profits of both companies, highlighting differences in their debt-to-equity ratios and financial leverage. The analysis extends to operating, investing, and financing activities, revealing Wesfarmers' high cash outflow and Woolworths' effective cash inflow. The report also assesses the impact of these activities on the companies' financial sustainability, concluding with observations on their respective cash tax rates and overall financial health. Desklib provides students access to similar solved assignments and study tools.