Cortiguierra Rachelle B.

BSITTM 2-C
EC 1 Semi Finals

Nestle 2018-2019

2019 2018 Movement in Movement in

PHP %
Assets

Current Assets

Cash and cash equivalents 7 469 4 500 -2 969 -65%

Short-term investment 2 794 5 801 3 007 51%
Inventories 9 343 9 125 -218 -2%
Trade and receivables 11 766 11 167 -599 -5%
Prepayments and accrued income 498 530 32 6%
Derivative assets 254 183 -71 -38%
Current income tax assets 768 869 101 11%
Assets held for sale 2 771 8 828 6 057 68%
Total Current Assets 35 663 41 003 5 340 13%

Non-current Assets

Property, plant and equipment 28 762 29 956 1 194 3%

Goodwill 28 896 31 702 2 806 8%
Intangible assets 17 824 18 634 810 4%
Investment in associates and joint 11 505 10 792 -713 -6%
ventures
Financial assets 2 611 2 567 -44 -1%
Employee benefits assets 510 487 -23 -4%
Current income tax assets 55 58 3 5%
Deferred tax assets 2 114 1 816 -298 -16%
Total non current assets 92 277 96 012 3 735 3%
Total Assets 127 940 137 015 9 075 6%
 2019 2018 Movements Movement in
in PHP %

Liabilities and Equity

Current liabilities
Financial debt 14 032 14 694 662 4%
Trade and other payable 18 803 17 800 - 1 003 -5%
Accruals and deferred income 4 492 4 075 -417 -10%
Provisions 802 780 -22 -2%
Derivative liabilities 420 448 28 6%
Current income tax liabilities 2 673 2 731 58 2%
Liabilities directly associated with 393 2 502 2 109 84%
assets held for sale
Total current liabilities 41 615 43 030 1 415 3%

Non-current liabilities
Financial debt 23 132 25 700 2 569 9%
Employee benefits liabilities 6 151 5 919 -232 -3%
Provisions 1 162 1 033 -129 -12%
Derivative liabilities 2 589 2 540 -49 -1%
Other payable 429 390 -39 -10%
Total Non-current liabilities 33 433 35 582 2 119 5%

Total liabilities 75 078 78 612 3 534 4%

Equity
Share capital 298 306 8 2%
Treasury‘s share (9 752) (6 748) -2 804 4%
Translation reserve (21 526) (20 432) -1 094 5%
Other reserve (45) (183) 138 75%
Retained earnings 83 060 84 620 1 560 1%
Total equity attributable to 52 035 57 363 5 328 9%
shareholders of the parent
Non-controlling interests 827 1 040 213 20%
Total equity 52 862 58 403 5 541 9%

Total liabilities and Equity 127 940 137 015 9 075 6%