NOTE 2018 ($) 2017 ($)

ASSETS
Current Assets
Cash and cash equivalents 1,167,285 1,533,900
Trade and other receivables 42,997 10,747
Inventories 85,759 89,713
Other assets 110,502 97,547
Total Current Assets 1,406,543 1,731,907

Non-current Assets
Trade and other receivables 7,530 7,530
Property, plant & equipment 4,419,750 3,051,975
Intangible assets 109,375 109,375
Total Non-Current Assets 4,536,655 3,168,880

TOTAL ASSETS 5,943,198 4,900,787

LIABILITIES
Current Liabilities
Trade and other payables 319,475 378,565
Borrowings 89,113 496
Short-term provisions 112,427 124,733
Other liabilities 244,667 193,975
Total Current Liabilities 765,682 697,769

Non-Current Liabilities
Borrowings 368,893 -
Long-term provisions 96,085 91,404
Total Non-Current Liabilities 464,978 91,404

Total Liabilities 1,230,660 789,173

NET ASSETS 4,712,538 4,111,614

EQUITY
Reserves 1,250 1,250
Retained earnings 4,711,288 4,110,364
Total Equity 4,712,538 4,111,614

In overall, the total assets has increased by 1,042,411 or 21.27 percent as well as their total liabilities a
identified in lamost every asset, liability and equity line item are significant. This analysis points to the reaso
to identify the increases and decreases in dollar amounts from 2017 to 2018 of Bondi Iceburg company.
 In overall, the total assets has increased by 1,042,411 or 21.27 percent as well as their total liabilities a
identified in lamost every asset, liability and equity line item are significant. This analysis points to the reaso
to identify the increases and decreases in dollar amounts from 2017 to 2018 of Bondi Iceburg company.
 Increase (Decrease)
Amount Percentage

Balance-23.9008409935
-366,615 Sheet Analysis for Iceberg Corporation shows that cash and cash equivalents
has decreased by $366, 615 or -23.90 percent. Iceburgs statement of cash flow
32,250 300.083744301
would provide a detailed information regarding this increase. Trade and other
-3,954 -4.407388004
receivable increased by $32,250 or 300.08 percent which is unfavorable because this
is an indication
12,955 that some of the receivables would possibly lead to an Allowance
13.2807774714
for Bad Debts. Inventories has decreased by $3,954 or -4.41 percent and other
-325,364 -18.7864590882
assets has increased by $12, 955 or 13.28 percent .

Moving to Current Liabilities this incdicates a favorable performance because Trade

0 payables has0decreased by $59,090 or -15.61 percent. While borrowing
and other
has increased
1,367,775 by $88,617 which is also favorable there is an increase in the purcahse
44.8160617305
of property, plant, and equipment which the company must have been bought from
0
their borrowings. 0
Short-term provisions has increased by $50,692 or 26.13 percent
1,367,775
and other43.1627262629
liabilities has increased by $67,913 or 9.73 percent.

1,042,411 21.2702776105

Balance Sheet Analysis shows that the property, plant & equipment increased by
-59,090 -15.6089443028
$1,367,775 or 44.82 percent and its favorable because it indicates that the company
operation or production are much higher than the other year and their revenue
88,617 17866.3306452
increases -9.8658735058
base on their income statement.. Then under the non-current liabilities
-12,306
the long term provisions incresed by $4,681 or 5.12 percent and its unfavorable
50,692 it 26.133264596
because cannot be measured reliably
67,913 9.7328772129

368,893 0
4,681 5.1212200779
373,574 408.706402346

441,487
In equity55.9429934881
section the retained earnings increased by 600,924 or 14.62 percent and
its favorable because the company's earnings are still positive after they paid out all
the dividends to its shareholders.
600,924 14.6152824657

0 0
600,924 14.6197271093
600,924 14.6152824657

s well as their total liabilities and equity are increased. And this increases
his analysis points to the reason we perform Increase (Decrease) analysis
of Bondi Iceburg company.
s well as their total liabilities and equity are increased. And this increases
his analysis points to the reason we perform Increase (Decrease) analysis
of Bondi Iceburg company.
 20x2 20x1
NOTE 2018 ($) 2017 ($) Percentage Percentage
ASSETS
Current Assets
Cash and cash equivalents 1,167,285 1,533,900 76.10 100
Trade and other receivables 42,997 10,747 400.08 100
Inventories 85,759 89,713 95.59 100
Other assets 110,502 97,547 113.28 100
Total Current Assets 1,406,543 1,731,907 81.21 100

Non-current Assets
Trade and other receivables 7,530 7,530 100.00 100
Property, plant & equipment 4,419,750 3,051,975 144.82 100
Intangible assets 109,375 109,375 100.00 100
Total Non-Current Assets 4,536,655 3,168,880 143.16 100

TOTAL ASSETS 5,943,198 4,900,787 121.27 100

LIABILITIES
Current Liabilities
Trade and other payables 319,475 378,565 84.39 100
Borrowings 89,113 496 17966.33 100
Short-term provisions 112,427 124,733 90.13 100
Other liabilities 244,667 193,975 126.13 100
Total Current Liabilities 765,682 697,769 109.73 100

Non-Current Liabilities
Borrowings 368,893 - - 100
Long-term provisions 96,085 91,404 105.12 100
Total Non-Current Liabilities 464,978 91,404 508.71 100

Total Liabilities 1,230,660 789,173 155.94 100

NET ASSETS 4,712,538 4,111,614 114.62 100

EQUITY
Reserves 1,250 1,250 100.00 100
Retained earnings 4,711,288 4,110,364 114.62 100
Total Equity 4,712,538 4,111,614 114.62 100
The total assets of Icebergs Club Limited have increased to 21.27
percent (from 2017 percentage of 100 to 121.27 percent in
2018).