Annual Report Analysis | BlueChiip Limited

Added on - Nov 2019

Trusted by 2+ million users,
1000+ happy students everyday
Showing pages 1 to 4 of 13 pages
ANALYSIS OF ANNUALREPORT OF BLUECHIIPLIMITEDStudent Name:Student ID:
EXECUTIVE SUMMARYThe report has been given the title of the analysis of the annual report of the company –Bluechiip limited. It in itself has given the path for the better construction and the presentation ofthe report. The first objective of the report is to perform the analysis of the financial situation ofthe company and the performance of the company. For this purpose the annual report for theearlier consecutive years has been considered. The analysis includes the analysis of the cash flowposition of the company made during the year and as on date of the annual financial statements.The second objective is the means for extending the analysis further with the inclusion of thecalculation and analysis of the financial ratios. Throughout the report, these two aims have beenflowed and thus the report has been presented with defined headings and sub headings wherevernecessary.
ContentsEXECUTIVE SUMMARY.................................................................................................................................2INTRODUCTION...........................................................................................................................................4SITUATION OF THE INDUSTRY AND THE FUTURE PLANS OF THE COMPANY...............................................5DESCRIPTION OF INDUSTRY AND ITS OUTLOOK......................................................................................5PLANS OF THE COMPANY FOR FUTURE...................................................................................................5FINANCIAL STATEMENT ANALYSIS...............................................................................................................6ANALYSIS OF PROFIT AND LOSS STATEMENT..........................................................................................6ANALYSIS OF STATEMENT OF AFFAIRS....................................................................................................8ANALYSIS OF CASH FLOWS......................................................................................................................9ANALYSIS OF THE ACCOUNTING RATIOS.....................................................................................................9CONCLUSION.............................................................................................................................................11REFERENCES..............................................................................................................................................12
INTRODUCTIONAnalysis of each and every thing shall be done before proceeding to that action. Similarlyanalysis of the operations and the position of the company shall be made on regularly basis so asto equip the investor with the health of the company in all the terms. The company so selectedfor the study is the Bluechiip Limited. The company has been established in the year of twothousand and three in the country of Australia and has been listed in the Australia StockExchange in the year of two thousand and eleven. The head quarter of the company is located at1 Dalmore Drive, Caribbean Business Park, Scoresby, Victoria, 3179, Australia. The company isproviding the unique facility of tracking the item with the wireless arrangement with the securityand that too clubbed with the working in the different temperature levels in every environments.The company has left all other companies which are using the bar code scanner or radiofrequency identification instruments. The company’s principle place of business is Australia andother one is United States of America. The chief executive officer of the company is Mr. AndrewMc Lellan (ASX Website,2017). The ending date of the latest financial year is 30thof June 2017.The independent auditors of the company which have audited the financial statements of thecompany is Deloitte through its partner Anneke Du Toit. The auditors of the company havethough disclosed that the financial statements have been prepared in accordance with theaccounting standards and is having the true and fair view of the financial position of thecompany but has disclosed the key matters in accordance with the new auditing standard 701 onthe Communicating the key audit matters in the auditor report (Company Official Website,2017). The auditor has stated that the management of the company is required to exercise thejudgment to estimate the net realizable value of the inventory. The current market price of theshare of the company on the 15thday of September 2017 is 0.033 AUD (ASX Website, 2017).Since the start of financial year 2016-2017, the company has neither declared any dividend norpaid any dividend (Company Official Website, 2017).
Desklib Logo
You are reading a preview
Upload your documents to download or

Become a Desklib member to get access