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Finance & Accounting
Pages 12 (3012 words)
Finance and Accounting Calculation report Executive Summary A-Cap Resources Limited The company A-Cap Resources has suffered from huge amount of losses in the 2012, though less as compared to 2011. Though the revenue from sales earned by the company in 2012 was less than 2011 because of the decrease in spot prices of uranium in 2011, yet the company was able to reduce the losses incurred in 2012 as compared to 2011 because of the Letlhakane Uranium Project which grew by 90 million pounds in 2011.
This has added to be a positive ground to the company, as inspite of such a strategy the company would become insolvent as the company’s condition in 2012 restricts it to the payment of any due obligation. Considering the financial condition in 2012 and the past year, and the developments gained from the Letlhakane Uranium Project and the discovery of two new coal projects, it is expected that the company with its planned operations and future strategic measures will be able to overcome the shortcomings and bring about positive developments and prospects in the future. A1 Consolidated Gold Limited The company A1 Consolidated Gold was unable to generate sufficient amount of revenue from its operations in the year 2012 inspite of being involved in the underground evaluation of the A1 Gold Mine because there was no change in the operations of the business during this period. Though the company earned a high amount of interest income, yet the decision of the board to pay off the employee stock option schemes to the employees would increase their inspiration and effort with an attempt to decrease the loss incurred by the company in 2012. ...
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