Financial Performance Analysis of Caltex Australia Limited

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Executive summary
Aim of the task is to focus on the financial performance of the ASX listed company Caltex
Australia Limited for the year closed for 2018 and compare the same with the previous year. For
analysing the performance the report will analyse the set f financial statements including cash
flow statement, statement of financial position and income statement. Further, report will analyse
the performances using different financial ratios.

Table of Contents
Introduction......................................................................................................................................4
Analysis of financial statement........................................................................................................4
Income statement.........................................................................................................................4
Statement of financial position....................................................................................................5
Cash flow statement.....................................................................................................................6
Financial ratio analysis....................................................................................................................6
Profitability ratio..........................................................................................................................7
Liquidity ratio..............................................................................................................................8
Efficiency ratio............................................................................................................................9
Capital structure ratios.................................................................................................................9
Conclusion.....................................................................................................................................10
Reference.......................................................................................................................................11
Appendix........................................................................................................................................13
Income statement.......................................................................................................................13
Statement of financial position..................................................................................................15
Cash flow statement...................................................................................................................18
Ratio analysis.............................................................................................................................19

Introduction
Caltex Australia Limited is the Australian based entity with the roots tracking back in
1900. It is engaged in supplying fuel and is considered as the convenience retailer entity. It is
further engaged in refining, purchasing, distributing as well as marketing of the petroleum
products along with operating convenience stores all over Australia. It mainly operates through 2
segments including Lytton and supply and marketing. Main objective of the company is
collaborating and uniting the diverse ideas for reaching out to commercial goals, testing small
and big ideas for learning as well as leading changes. Further it prefers acting with integrity with
adaption of continuous challenge (Caltex, 2019).
Analysis of financial statement
It is the procedure for assessing the financial statement of the entity for the purpose of
taking various decisions. Investors and other users of financial statements use the information for
to get an idea regarding the overall financial health of the entity and the business value (Williams
& Dobelman, 2017). Looking into the financial statement of Caltex Australia Limited for the
year ended 2017 and 2018 following have been found –
Income statement
Income statement of the entity provides details regarding its revenues, COGS, gross
profit, other expenses and net profit. It is identified through comparing the result of 2018 against
2017 that the sales revenue of the entity has been enhanced by 1.56%. However, as the rate of
increase in COGS is 1.92% that is higher than the increase in sales revenue the resultant gross
profit dropped by 1.67%. Looking into the expenses, it can be identified that general and