Understanding the statement of activities helps track net assets in charities. Calculate a charity's net assets by adjusting the starting balance with period's gains or losses. Investor Alert ...

The Group enters the new trading year in a strong financial position with net assets of £58.4m and a cash balance of £147m, with no borrowings.

The formula for this calculation on Global Education Communities is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.011 = CA$2.8m ÷ ...