Module: Financial accounting and analysis
Task: Based on information about financial statements you have already got familiar with and have analyzed, your task is a follows:
1- For the year ended 31 December 20X1, look at the balance sheet of SME A Group in below (in thousands of currency units- CU).
![2276_Balance Sheet.jpg](https://secure.tutorsglobe.com/CMSImages/2276_Balance%20Sheet.jpg)
2- According to the IFRS for SMEs, calculate current and non-current assets, at 31 December 20X1.
3- Show the calculation for equities, at 31 December 20X1. Write the relevant equation.
4- Show the calculation for distinguishing between current and non-current liabilities, at 31 December 20X1.
5- Prepare a consolidated balance sheet at 31 December 20X1.