DFS - Exam discussion post

Primble

oh i dont think i got anythin near that

Shellhutchings

Pigpen wrote: »

Yep got those figures -

Excellent, always a relief to hear!

Big Bird

Yep I got 22777 for Balance sheet and 85278 for Consolidated Balance sheet My net cash from reconciliation was 4790, Income statement was 3717

:001_smile::001_smile:

cs_1988

Yay! Figures i got too!!! Current are assets /liabilities that will be paid/received in 12 months arent they, otherwise non current.

Fair exam on the whole though!

playboybunny_110

Yep also got these figures... did everyone get 476 or something (cant remember exactly) for Cash flow?

Pigpen

What did you all put for the impairment written task?

Hunnie

I scribbled my figures down on a piece of paper when i came out of the exam...

Profit on income statement was £3717
Balance sheet balanced off at £22777
Consolidated balance sheet balanced off at £85278
Net cash from operating activities on reconciliation was £4790
Cash flow statement £335

Gross profit percentages 47.5% and 45.0%
Net profit percentages 8.5% and 12.0%
Gearing 77.3% and 53.1% (memory was fading a little here but they were there or thereabouts)
Interest cover 2.0 times and 3.3 times

Anyone match with these?

Jointy

i nearly didnt write the definitions because it said current but thankfully i did

xamix

yep i got 476 new cash movement on the cashflow statement

playboybunny_110

Hunnie wrote: »

I scribbled my figures down on a piece of paper when i came out of the exam...

Profit on income statement was £3717
Balance sheet balanced off at £22777
Consolidated balance sheet balanced off at £85278
Net cash from operating activities on reconciliation was £4790
Cash flow statement £335

Gross profit percentages 47.5% and 45.0%
Net profit percentages 8.5% and 12.0%
Gearing 77.3% and 53.1% (memory was fading a little here but they were there or thereabouts)
Interest cover 2.0 times and 3.3 times

Anyone match with these?

Yes I got all these figures too! Whoo! :001_smile:

clazaridis

Hi Nagra,

where in Derby did you do your exam? I was in Chesterfield for mine and i rekon I shall be retaking in December although i did aim to be retaking in December as i felt there was too much for me to take in with 3 exams to revise for this week and trying to hold down 2 jobs!! it's been a manic year!!

Jointy

what did everyone advise the guy to do whether to invest or not?

cs_1988

Hi Hunnie,

Yep all same bar gearing, i had one about 44 and one about 33 i think!

Nice one

Chris

Pigpen

playboybunny_110 wrote: »

Yep also got these figures... did everyone get 476 or something (cant remember exactly) for Cash flow?

467? Thats what I got

xamix

hunnie..i agree with all your figures apart from the gearing. May have used a different formula for gearing though as there are a few different ways. I used debt/debt+equity.

Shellhutchings

Hunnie wrote: »

I scribbled my figures down on a piece of paper when i came out of the exam...

Profit on income statement was £3717
Balance sheet balanced off at £22777
Consolidated balance sheet balanced off at £85278
Net cash from operating activities on reconciliation was £4790
Cash flow statement £335

Gross profit percentages 47.5% and 45.0%
Net profit percentages 8.5% and 12.0%
Gearing 77.3% and 53.1% (memory was fading a little here but they were there or thereabouts)
Interest cover 2.0 times and 3.3 times

Anyone match with these?

Cash flow statement as 467, (132 and 335) but yeah, spot on :thumbup:

beansprout64

Hunnie wrote: »

I scribbled my figures down on a piece of paper when i came out of the exam...

Profit on income statement was £3717
Balance sheet balanced off at £22777
Consolidated balance sheet balanced off at £85278
Net cash from operating activities on reconciliation was £4790
Cash flow statement £335

Gross profit percentages 47.5% and 45.0%
Net profit percentages 8.5% and 12.0%
Gearing 77.3% and 53.1% (memory was fading a little here but they were there or thereabouts)
Interest cover 2.0 times and 3.3 times

Anyone match with these?

i think most of my answers looked like that. I didnt get the same cash flow. mine was 476 or something like that.
My gearing % where also different but it did increase. i know there's more than 1 ratio for gearing tho.

JOEY123

Hi all,

I did gering as a ratio rather thatn a percentage about 44 and 33 I think too

Big Bird

Hunnie wrote: »

I scribbled my figures down on a piece of paper when i came out of the exam...

Profit on income statement was £3717
Balance sheet balanced off at £22777
Consolidated balance sheet balanced off at £85278
Net cash from operating activities on reconciliation was £4790
Cash flow statement £335

Gross profit percentages 47.5% and 45.0%
Net profit percentages 8.5% and 12.0%
Gearing 77.3% and 53.1% (memory was fading a little here but they were there or thereabouts)
Interest cover 2.0 times and 3.3 times

Anyone match with these?

YEP GOT ALL OF THEM:thumbup::thumbup::thumbup:

goldandblack

SHIT! i got all those answers apart from gearing, i seriously had a mental block, and thought that the figures were as a measure of 1, basically the same as what a percentage is. so i just had 0.77 and 0.53, i still went on to describe what they meant, b******s

beansprout64

xamix wrote: »

hunnie..i agree with all your figures apart from the gearing. May have used a different formula for gearing though as there are a few different ways. I used debt/debt+equity.

i used that formula 2! can't remember my answers for it tho:thumbup:

Jointy

cs_1988 wrote: »

Hi Hunnie,

Yep all same bar gearing, i had one about 44 and one about 33 i think!

Nice one

Chris

i got the same

playboybunny_110

Pigpen wrote: »

467? Thats what I got

yeah 467... excellent.
Struggled with cash flow but had brainwave in last 10 mins and managed to agree it!

xamix

did everyone advise him to continue to invest or not? I said to continue to invest as they were still doing ok...i.e they were still performing reasonably. Not sure if i should have said not to though :glare:

Primble

Hunnie wrote: »

I scribbled my figures down on a piece of paper when i came out of the exam...

Profit on income statement was £3717
Balance sheet balanced off at £22777
Consolidated balance sheet balanced off at £85278
Net cash from operating activities on reconciliation was £4790
Cash flow statement £335

Gross profit percentages 47.5% and 45.0%
Net profit percentages 8.5% and 12.0%
Gearing 77.3% and 53.1% (memory was fading a little here but they were there or thereabouts)
Interest cover 2.0 times and 3.3 times

Anyone match with these?

oooh i got some right.
got p&l poss cash flow but no idea how
and ratios

kjg-kj

I got slightly lower percentages than you for the gearing, forty something and thirty something percent I think.

columbia

Hiya

I did the gearing wrong as well. I worked it out correctly (I think), but expressed in wrong on my memo, I think I had 0.something or other!! Oh well, I was very happy with the first part. If I fail it will be down to ratios!

clazaridis

I got 47.5% & 37.5% for gearing but i did take a wild guess at the formula as i had a mental block!!

Hunnie

beansprout64 wrote: »

i think most of my answers looked like that. I didnt get the same cash flow. mine was 476 or something like that.
My gearing % where also different but it did increase. i know there's more than 1 ratio for gearing tho.

I got 476 also i.e. -132 + 467 = 335 (sorry i didn't make that very clear :S)

Nagra

clazaridis wrote: »

Hi Nagra,

where in Derby did you do your exam? I was in Chesterfield for mine and i rekon I shall be retaking in December although i did aim to be retaking in December as i felt there was too much for me to take in with 3 exams to revise for this week and trying to hold down 2 jobs!! it's been a manic year!!

Hey up, I was at Beeston - tell me about it!! Just want it all over now, but gonna be re-sitting DFS for sure!!