Accounting Analysis of Treasury Wine Estates Ltd

Accounting Analysis of Treasury Wine Estates Ltd
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Executive Summary
The report is prepared for undertaking financial analysis of a selected company, that is,
Treasury Wines Estates. In this context, it has been illustrated that the company has maintained
an effective and competent board structure strong corporate governance policies, promoting
higher growth by its investment in brand development initiatives and maintaining financial
integrity by the regular external auditing of its financial statements. The comparison of the
financial performance of the company against its competitor have depicted that it has maintained
a stable financial position and is expected to deliver higher returns in the future context.
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Contents
Executive Summary.........................................................................................................................2
Introduction......................................................................................................................................4
Part 1: Brief Summary of the Company..........................................................................................4
Part 2: Brief Assessment of the Board Characteristics....................................................................5
Part 3: Important Investment and Financing Decisions made by Treasury Wine Estates in the
Financial Year 2018.........................................................................................................................6
Part 4: Corporate Conduct of Treasury Wine Estates......................................................................7
Part 5: Audit Firm & Accounting Information and Independence Stated by Auditor.....................7
Part 6: Key Measures taken by the Company for Ensuring that it’s Business Operations have
incorporating higher level of ethics and ethical judgments.............................................................8
Part 7: Top Five Investors of the Company and Significance of the Ownership Stake..................8
Part 8: Analyses of financial statements using ratios for company Treasury Wine Estates............9
Liquidity Analysis........................................................................................................................9
Non-current Asset management efficiency................................................................................10
Profitability Analysis.................................................................................................................10
Market Values............................................................................................................................10
Part 9: Operating Cash Cycle........................................................................................................11
Conclusion.....................................................................................................................................11
References......................................................................................................................................13
Appendix........................................................................................................................................15
Calculation of Ratios.....................................................................................................................15
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