Hi there I need someone to help with my assessment. Can you do it?This is what I need doneRequiredRefer to the Australian Agricultural Companys 2017 Financial Report available at:https://aaco.com.au/investors-media/annual-reportsCover PagePlease add a cover page that includes your name student number and the total number of words.Part A Maximum of 500 words 9 marksLooking at the Consolidated Income Statement as at 31 March 2017 (page 46) discuss the following items:(i) Cattle fair value adjustments $300026000 you will find additional information in Note A3 pages 54 56 to assist you in answering this question(ii) Change in fair value of property $2285000 you will find additional information in answering this question in Note A4 on pages 57 59(iii) Net profit after tax $71586000 and compare this item to total comprehensive income of $102065000 in the Consolidated Statement of Comprehensive Income for the year ended 31 March 2017 (page 47).Part B Maximum of 500 words 9 marksLooking at the Consolidated Statement of Financial Position as at 31 March 2017 (page 48) discuss the following items:(i) Livestock $269850000 (under Current Assets) and Livestock $392632000 under Non-Current Assets you will find additional information in Note A3 pages 54 56 to assist you in answering this question(ii) Property plant and equipment $792373 (under non-Current Assets) you will find additional information in answering this question in Note A4 on pages 57 59).(iii) Borrowings $362918000 (under Non-Current Liabilities) you will find additional information in Note C1 page 62 to assist you in answering this questionPart C Maximum of 500 words 12 marksLooking at Note E1 and E2 on page 69 discuss the following items:(i) Future minimum lease payments under non-cancellable operating leases for land and buildings of $7718000(ii) The possible impact on Australian Agricultural Company of the introduction of Australian Accounting Standard AASB 16 Leases which will be effective for periods beginning on or after 1 January 2019(iii) Other commitments(iv) Contingencies
