For Abano Healthcare, three major assets are Property, plant and equipment, intangible assets and investment in subsidiaries. Property, plant and equipment is amount what the company has spent in buying property and various items of plant and equipment. Intangible assets are the ones which one cannot touch like patents, trademarks. Investment in subsidiaries what they have invested in other companies.
Three liabilities are borrowings which is loan, current income tax liabilities which is tax which is still to be paid and trade and other payables which are creditors.
Three items of equity are share capital, foreign currency translation reserve and retained earnings.
Great explanations, easy to understand. If you get a minute I've posted my items as well.
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cheers steph
Thanks Steph. I will surely go through yours:)
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