Chapter 4-table 4: Do financial statements help in Financial decisions and corporate valuation

Table 4: Distribution of the company Total Debt by

Period (In Millions of U.S. Dollars)

Bank	2004	2005	2006	2007	2008
1. Compass Group PLC	3402	3548	2545	2086	2068
2. Toronto Dominion Bank	41756	41589	45587	53479	86055
3. Harris Corp	411	406	701	1129	846
4. Morgan Stanley	141230	147065	184406	232711	183281
5. Boeing Co	12200	10727	9538	8217	7512

Table 4 presents the data on the total debt of the selected companies by period. It reveals that Compass Group PLC total debt decreased as evidenced by the values US$3402, US$3548, US$2545, US$2086, and US$2068 respectively. This means that Compass Group PLC paid their debts annually.

The total debt of Toronto Dominion Bank was increasing from 2005 to 2008 as evidenced by the values US$41756, US$41589, US$45587, US$53479, and US$86055 respectively. This means that Toronto Dominion Bank incurred annual debt.

It is also notable that the total debt of Harris Corp was increasing from 2004 to 2007 and decreased in 2008 as evidenced by the values US$411, US$406, US$701, US$1129, and US$846 respectively. This means that Harris Corp paid their debt in 2008.

The total debt of Morgan Stanley was increasing from 2004 to 2007, but decreased in 2008, as evidenced by the values US$141230, US$147065, US$184406, US$232711, and US$183281 respectively. This means that Morgan Stanley paid their debt in 2008.

Boeing Co total debt decreased from 2004 to 2008 as evidenced by the values US$12200, US$10727, US$9538, US$8217, and US$7512 respectively. This means that Boeing Co pay debt annually.

Generally, only Toronto Dominion Bank had increased total debt. On the other hand Compass Group PLC and Boeing Co had decreased total debt. The Harris Corp and Morgan Stanley had decreased total debt in 2007 to 2008.