From ANZ(Australian and New Zealand bank) CBA(commonwealth bank) NAB( National Australian bank) WBC( Westpac Bank Group) Please read the financial statements (balance sheet, income statement, statement of changes in owner’s equity, cash flow statement) very carefully. Also please read the relevant footnotes of your firms’ financial statements carefully and include information from these footnotes in your answer.
You need to do the following tasks:
(i) From your firms’ financial statements, list each item of equity and write your understanding of each item. Discuss any changes in each item of equity for your firms over the past four years articulating the reasons for the change.
(ii) Provide a comparative analysis of the debt and equity position of the four firms that you have selected.
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