Sample Balance Sheet
A balance sheet shows what assets and liabilities a company has and where the money came from to finance them (Chapter 18). It is simply a statement of what a company owns and owes at the point in time the accounts were prepared. It is an evaluation put into black and white of a company’s worth. It lists the net worth of a company—all it owns, known as assets—and everything it owes, called liabilities.
What follows is an extract from the consolidated accounts of a leading beverage company in millions of euros.
Share Capital |
2,406 |
Retained Profits |
3,174 |
Profit for the year |
840 |
Other |
177 |
Shareholders' Equity ... |
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