Got a tricky question? Receive an answer from students like you! Try us!

Britvic plc's 2011 annual report,1) Critically evaluate the information contained in the Chairman's Statement - Essay Example

Only on StudentShare
Masters
Essay
Finance & Accounting
Pages 4 (1004 words)

Summary

Name…………………………………………………………………………….xxxxx Institution………………………………………………………………………….xxxx Course…………………………………………………………………………….xxxx Professor…………………………………………………………………………xxxx @2012 Britvic plc’s 2011 annual report Chairman’s statement The chairman of Britvic Plc gave his statement in the company’s annual financial statement regarding its performance…

Extract of sample
Britvic plc's 2011 annual report,1) Critically evaluate the information contained in the Chairman's Statement

The statement explains the company’s progress in terms of its profits and that it has grown by about 80% for the past six years. According to his statement and the financial report, the company has made a record of both revenue and volume growth in 2011 in the international market (Gibson 201). This growth is evident in the French and an international territory which contributes to the company’s overall growth of about 4.3%. This growth brings the company to the current 138.1 million Euros. This is quite true as the growth in profits and revenue can be used to evaluate the progress of the company. The statement indicates that there was a growth of revenue for Britvic in the year 2011 to 14.6%. That means that the current revenue position in the company according to its financial statement is 1.3 billion Euros. The chairman’s statement indicates the underlying revenue excluding that of the French territory in the previous financial year. It was a notable achievement for the company given the situation of the cost of raw materials. ...
Download paper
Not exactly what you need?

Related Essays

TESCO Annual Report 2011
It has particularly realized that for this relationship to materialize it has to continue to be grounded by ethical business practices. In doing so it has established a code of ethics for its staff, which basically set the standards for business behavior within it. In realization of the impossibility of covering every aspect of its activities, TESCO has instead set out principles of business ethics that have to be applied by every team member of TESCO. These sets of principles are in form of laws, policies, local customs and regulations, all of which lays down some of the crucial duties and…
6 pages (1506 words)
Financial Statement/Audit Report Review (1)
The county government adheres to government regulations and has since and that has enabled them to a couple of accounting awards. The Government Finance Officers Association of the United States and Canada (GFOA) awarded a Certificate of Achievement for Excellence in Financial Reporting to the County for its Comprehensive Annual Financial Report (CAFR) for the fiscal year ended February 28, 2010. It therefore attests to the high levels of accounting standards that they adhere to. The auditing was done by an independent auditing farm namely Deloitte and Touche, which is actually one of the…
3 pages (753 words)
Evaluate Sainsbury plc's financial strategy
The same financial statements easily encourage the current and future stock investors to put more funds into the Sainsbury Plc coffers. Evaluation of Sainsbury plc’s financial strategy. 1. Evaluation of Sainsbury’s choice of sources of funds using appropriate theory: Accounting theory dictates that there are several sources of funds (Nikolai 222). In layman’s terms, the sources of funds include all amounts that flow into the coffers of the company, Sainsbury Plc. The sources of funds include the amounts paid by the customers for purchasing Sainsbury Plc’s products and services. The…
8 pages (2008 words)
annual report for Intercontinental Hotels Group plc for the year ended 31 December 2011.
$ in mn Revenue and Profits 2011 2010 % Inc. Sales 1768 1628 8.60 Operating profit 559 444 25.90 Exceptional items 35 15 133.33 Total operating profit 594 459 29.41 Profit before exceptional items 497 382 30.10 Tax -120 -98 22.45 Profit from continuing operations 377 284 32.75 Exceptional items 83 7 1085.71 Net profit including exceptional items 460 291 58.08 Financial position Good will and other intangible assets 400 358 11.73 Other non-current assets 1990 1952 1.95 Total non-current assets 2390 2310 3.46 Current assets 578 466 24.03 Total assets 2968 2776 6.92 Total current liabilities 860…
7 pages (1757 words)
Evaluate Sainsbury plc's financial strategy
Being the crown of United Kingdom grocer retail stores, there has been a lot of endless speculation on its financial performance. In spite of these speculations, it has risen to be the leader for the last two decades. Sainsbury has relied heavily on equity capital to finance its operations in the recent past. The management consists of the contributors of the needed capital. Being a company based in United Kingdom, where a company with more than 50% of its capital is considered highly geared, the management made a move in the year 2006 to incorporate high level gearing for the following…
8 pages (2008 words)
"Evaluate Sainsbury plc's financial strategy"
Sainsbury's is headquartered in Holborn Circus. To ensure that its products are effectively distributed in the local and neighboring markets, the supermarket has established a number of subsidiaries in the UK market. Under the leadership of David Tyler and Justin King the company chairman and chief executive respectively, Sainsbury’s has more than 150,000 employees. This has resulted to a significant increment on the company revenue that stood at ?21.102 billion in 2011. This paper, evaluate Sainsbury plc’s financial strategy by analyzing its financial performance in the last few years.…
7 pages (1757 words)
Obtain a copy of the annual report for Intercontinental Hotel Group PLC for the year ended 31 December 2011
Financial performance and position of the Group “The big picture is 9 hotel brands, over 153 million guests annually, more than 672,000 rooms in over 4,500 hotels in nearly 100 countries and territories around the world” (IHG website, 2012), The nine renowned brands being Intercontinental Hotels & Resorts, Crowne Plaza Hotels & Resorts, Hotel Indigo, Holiday Inn Hotels & Resorts, Holiday Inn Express, Staybridge Suites, Candlewood Suites, EVEN Hotels, Hualuxe Hotels and Resorts. Performance of the Brands The performance of all the brands during 2011 compared to the previous year has…
8 pages (2008 words)