DFS - Exam discussion post

245

Comments

  • Primble
    Primble Experienced Mentor Registered Posts: 734
    oh i dont think i got anythin near that
  • Shellhutchings
    Shellhutchings Just Joined Registered Posts: 3
    Pigpen wrote: »
    Yep got those figures -
    Excellent, always a relief to hear!
  • Big Bird
    Big Bird Feels At Home Registered Posts: 62
    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
    cs_1988 Well-Known Registered Posts: 231
    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
    playboybunny_110 New Member Registered Posts: 10
    Yep also got these figures... did everyone get 476 or something (cant remember exactly) for Cash flow?
  • Pigpen
    Pigpen Trusted Regular Registered Posts: 331
    What did you all put for the impairment written task?
  • Hunnie
    Hunnie Feels At Home Registered Posts: 41
    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
    Jointy Feels At Home Registered Posts: 78
    i nearly didnt write the definitions because it said current but thankfully i did
  • xamix
    xamix New Member Registered Posts: 11
    yep i got 476 new cash movement on the cashflow statement
  • playboybunny_110
    playboybunny_110 New Member Registered Posts: 10
    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
    clazaridis Feels At Home Registered Posts: 30
    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
    Jointy Feels At Home Registered Posts: 78
    what did everyone advise the guy to do whether to invest or not?
  • cs_1988
    cs_1988 Well-Known Registered Posts: 231
    Hi Hunnie,

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

    Nice one

    Chris
  • Pigpen
    Pigpen Trusted Regular Registered Posts: 331
    Yep also got these figures... did everyone get 476 or something (cant remember exactly) for Cash flow?

    467? Thats what I got
  • xamix
    xamix New Member Registered Posts: 11
    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
    Shellhutchings Just Joined Registered Posts: 3
    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
    beansprout64 Feels At Home Registered Posts: 29
    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
    JOEY123 New Member Registered Posts: 5
    Hi all,

    I did gering as a ratio rather thatn a percentage about 44 and 33 I think too :)
  • Big Bird
    Big Bird Feels At Home Registered Posts: 62
    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
    goldandblack Just Joined Registered Posts: 4
    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
    beansprout64 Feels At Home Registered Posts: 29
    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
    Jointy Feels At Home Registered Posts: 78
    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
    playboybunny_110 New Member Registered Posts: 10
    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
    xamix New Member Registered Posts: 11
    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
    Primble Experienced Mentor Registered Posts: 734
    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
    kjg-kj Feels At Home Registered Posts: 68
    I got slightly lower percentages than you for the gearing, forty something and thirty something percent I think.
  • columbia
    columbia Experienced Mentor Registered Posts: 580
    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
    clazaridis Feels At Home Registered Posts: 30
    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
    Hunnie Feels At Home Registered Posts: 41
    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
    Nagra Feels At Home Registered Posts: 28
    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!!
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