Roemer, headquartered in Luxembourg, is the largest steel producer in the world. It reports using...
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Roemer, headquartered in Luxembourg, is the largest steel producer in the world. It reports using IFRS. Following are items from the company's December 31 2010 balance sheet in milions of Us.dollars (cick the icon to view ee balance sheet data.) Requirenont 1. Prepare the iabilities section of Roemer's balance sheet. Classify labilies into current and noncursent portions. Omit items that are not Sabilities. Include the appropriate number for total noncurent lablities Liabilities Section of Balance Sheet n millions of U.S. dolars) Current liabilities: otal current liabilities Noncurrent Babilities Total noncument liabilities Data Table Total iablities Liabilties held for sale and distribution Long-term debt, net of current portion Shorl-tenm debt and ourrent portion of long-lerm debt Long-term provisions Property and eaupment Trade accounts payable and other Delermed employee benefts Total noncurrent liabilities Trade accounts receivable Shor-teem provisions Other long-term obligations Total cument iablities Inventories Delerred tax labilities Accrued expenses and other liablities Income tax labilities Total labllites 2.077 10.500 .120 6,680 3270 620 24,790 430 Print Done
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