Reference no: EM132408130
LM6.01 ACCOUNTING AND FINANCE FOR MANAGERS, Eastern Institute Of Technology, New Zealand
TASK ONE: Statement of Financial Position
With reference to the consolidated figures in the Statement of Financial Position in the Annual Report that has been allocated to your group, complete the following:
If the Statement has been prepared in ‘T’ format, present it in ‘Vertical’ format.
If the Statement has been prepared in ‘Vertical’ Format, present it in ‘T’ format.
Ensure that the format you use meets the course requirements in terms of classifications and presentation. If you are unsure, ask your lecturer.
TASK TWO: Statement of Financial Performance
With reference to the consolidated figures in the Statement of Financial Performance in the Annual Report that has been allocated to your Group:
Compare this year’s Net Surplus After Tax with last year’s, then answer the following questions:
Has Net Surplus increased or decreased?
Is this because revenues have increased or decreased? Which item or items in particular have contributed to the change?
AND / OR is it because expenses have increased or decreased? Again, which item or items in particular?
From the Annual Report, what does the Board consider are the major factors impacting on the profitability of the business?
TASK THREE: Statement of Movements in Equity
With reference to the consolidated figures in the Statement of Movements in Equity in the Annual Report that has been allocated to your Group, answer the following questions:
Has there been an overall increase or decrease in Equity?
What are the main reasons for this?
TASK FOUR: Statement of Cash Flows
With reference to the consolidated figures in the Statement of Cash Flows in the Annual Report that has been allocated to your group:
Prepare a written analysis of the Statement of Cash Flows, including an identification of key cash inflows and outflows. Try to show a link between the Statement of Cash Flows and other financial statements for the Company. The analysis is to be no longer than 300 words.
TASK FIVE: Financial Analysis Activity for Group Portfolios
With reference to the information available to you in your group’s allocated annual report, complete the following:
In no more than 500 words, write a report commenting on the Company’s performance in the areas of profitability, asset utilisation and financial stability, and form an overall conclusion as far as you are able. You may use headings.
o Any calculations made, plus all relevant workings, are to be presented as a hand-written appendix to the Group Report.
o Use the consolidated figures in the financial statements.
o Show all figures to no more than two decimal places.
Discuss if there is/was any additional data or information that would have been useful in assisting your assessment. Explain how this additional data or information would assist you.
TASK SIX: Summary of the Financial Health of the Company
With reference to the completed Tasks One to Five:
Complete a summary of both the short-term and the long-term Financial Health of the Company.
It is to be no longer than 300 words.