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Saturday, August 10, 2013

Financial Institutions Management Sample Examination

FIM3FIM Financial Institutions Management 1 precedent examination 1 The following information, and Questions 1, 2 and 3 below, relate to Eastpac depositing Corporation for the course of instruction ending 31 celestial latitude 200X.
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Profit and expiry Statement for the period 1 January to 31 December 200X $m 37,985 5,980 43,965 9,034 9,808 18,842 25,123 7,537 17,586 affair tax Non-interest Revenue rack up operate Revenue cheer expense Non-interest Expense entireness operating(a) Expenses operating(a) Profit in front lever Income Tax (30%) Operating Profit after Tax eternal rest Sheet as at 31 December 200X Assets coin Treasury Notes mercenary newspaper publisher Certificates of Deposit Treasury Bonds incarnate Bonds Government Loans commercial pass Loans Consumer Loans Housing Loans Other Loans ESA Balances meliorate Assets $m 4,948 3,068 2,215 2,456 60,000 19,540 25,750 66,507 38,067 47,895 10,300 786 11,568 Liabilities Current Accounts - Interest - Non-interest nest egg Accounts Investment Savings Accounts Term Deposits Certificates of Deposit unsecured Notes Perpetual Subordinated Debt Total Liabilities Shareholders paleness Ordinary Shares Preference Shares (redeemable) retained Earnings Share reward Reserve Asset reassessment Reserve Total Shareholders honor TOTAL LIABILITIES and SHAREHOLDERS EQUITY $m 16,708 8,124 27,048 8,232 18,672 8,415 3,894 2,707 93,800 $m 30,000 3,900 70,666 12,450 82,284 199,300 TOTAL ASSETS 293,100 293,100 FIM3FIM Financial Institutions Management 2 Sample Examination 1 Off-balance sheet items: ? ? ? ? ? ? ? margin Bills endorsed under a lodge endorsement adroitness to the take to be of $5,100m. These bills have been drawn by private sector companies. objective Letter of Credit to the repute of $1,400m issued to an Australian import company. The slang of credit is secured against the value of the be shipment of goods. A promissory Note issuance facility to the value of $6,600m. This facility is call by Australian non-commercial prevalent sector...If you want to get a full essay, order it on our website: Ordercustompaper.com

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