Financial Institutions Management Sample Examination

FIM3FIM Financial Institutions Management

1

Sample Examination 1

The following information, and Questions 1, 2 and 3 below, relate to Eastpac depositing Corporation for the year ending 31 celestial latitude 200X.





Profit and Loss 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 Revenue Non-interest Revenue rack up Operating Revenue Interest Expense Non-interest Expense entireness Operating Expenses Operating Profit before lever Income Tax (30%) Operating Profit after Tax

Balance Sheet as at 31 December 200X

Assets Cash Treasury Notes mercenary Paper Certificates of Deposit Treasury Bonds Corporate Bonds Government Loans commercial message Loans Consumer Loans Housing Loans Other Loans ESA Balances Fixed 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 Savings Accounts Investment Savings Accounts Term Deposits Certificates of Deposit unlocked Notes Perpetual Subordinated Debt Total Liabilities Shareholders equity Ordinary Shares Preference Shares (redeemable) maintained Earnings Share Premium Reserve Asset revaluation Reserve Total Shareholders Equity 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: ? ? ? ? ? ? ? Bank Bills endorsed under a bill endorsement facility to the value of $5,100m. These bills have been drawn by private sector companies. accusative Letter of Credit to the value of $1,400m issued to an Australian import company. The earn of credit is secured against the value of the underlying shipment of goods. A promissory Note issuance facility to the value of $6,600m. This facility is use by Australian non-commercial public sector...If you want to get a full essay, order it on our website: Orderessay



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