EXHIBIT Summary Statistics for Current Assets and Liabilities As Pro Chi- P- Reported Forma square level Median Current Assets $361.00 $352.21 .293 .588 Median Current Liabilities $190.22 $188.00 .005 .944 Median Current Ratio (CA/CL) 1.827 1.788 1.80 .180 Figures in millions of dollars.
Total current liabilities were AED 261 million and non-current liabilities were AED 3.8 million at December 2013, against AED 239 million and AED 5.3 million respectively at December 2012.
Non-current liabilities Finance lease $27,399 Current liabilities Finance lease $12,000 Non-current liabilities Finance lease $77,408 (balance at end of following year) Current liabilities Finance lease $22,108 (balance at end of current year less that of following year end $99,516-$77,408)
These measures, however, fail to incorporate a measure of "nearness" to cash described by FASB beyond the fact that "current" generally indicates that the assets will be converted to cash or consumed during the normal operating cycle of the business, and the liabilities will be liquidated using current assets, or by the creation of other current liabilities. Nevertheless, in accounting and auditing textbooks, the current and quick ratios continue to be the focus of liquidity analysis.
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