logo

(PDF) Corporate governance and performance

11 Pages2730 Words54 Views
   

Added on  2021-04-17

About This Document

In this report analysis of the corporate governance, we will analyze the company has its roots beginning from the year of nineteen hundred and twenty-five when it was working in the form of an association under the trade name of National Roads and Motorists Association. We will discuss The company is constantly working for providing better insurance facilities to the customers and giving maximum returns to their stakeholders. We will discuss  Through this analysis of the corporate governance the financial statements of the company – Insurance Australia Group Limited has been done with the help of the accounting ratios and that too for the consecutive period of two years to provide the trend analysis also.

(PDF) Corporate governance and performance

   Added on 2021-04-17

ShareRelated Documents
INSURANCE AUSTRALIAGROUP LIMITEDStudent Name : Student ID :
(PDF) Corporate governance and performance_1
ContentsABSTRACT....................................................................................................................................................2INTRODUCTION...........................................................................................................................................3CALCULATION OF FINANCIAL RATIOS..........................................................................................................3ANALYSIS OF RATIOS AND ITS RELATED TRENDS.........................................................................................6COMPANY AND ITS COMPETITORS..............................................................................................................8ANALYSIS OF THE CORPORATE GOVERNANCE.............................................................................................9Board’s Role.............................................................................................................................................9Ethical and Responsible decision making..............................................................................................10CONCLUSION.............................................................................................................................................10REFERENCES..............................................................................................................................................10ABSTRACTThe company that has been provided is Insurance Australia Group Limited and it belongs to thegroup of financing industry. The company has its roots beginning from the year of nineteenhundred and twenty five when it was working in the form of association under the trade name ofNational Roads and Motorists Association. Through this association the company was providingthe facilities related to insurance only to its member and in the year of nineteen hundred andeighty one it has been regarded as largest insurance service provider and in the year of 1995, thecompany has started its expansion outside the operating state and opened their offices in Victoriaand moves to Queensland. In the year of 2000, the association status has been waived and thenew company – NRMA Insurance Group Limited has been formed and later in the year of 2002the name has been changed to Insurance Australia Group Limited and in the today’s world, thecompany is leading the business in the Insurance sector in Australia. It is working acrossAustralia, Asia and New Zealand. The company is constantly working for providing betterinsurance facilities to the customers and giving maximum returns to their stakeholders.2
(PDF) Corporate governance and performance_2
INTRODUCTIONAnalysis of the financial statements is the very important part of the financing function. Theanalysis shall be done by each and every company operating in the countries irrespective of theform of the industry to which the company belongs. It may be of financing industry or from realestate. It is because only through the analysis of the financial statements, the company came toknow about the financial health and performance of the company. Through this report thefinancial statements of the company – Insurance Australia Group Limited has been done with thehelp of the accounting ratios and that too for the consecutive period of two years so as to providethe trend analysis also. Secondly the analysis of the corporate governance of the company hasbeen made with respect to the necessary disclosures made by the company in the statement of thecorporate governance. Corporate governance provides an insight about the proper functioning ofthe management of the company. The competitors of the companies have also been considered inthe analysis which has equipped the users of the financial statements and the stakeholders aboutthe strategies adopted by the company to grow the company in the future. The report has thenended up with the conclusion stating the fact and the results that has been gathered in the wholeof the report. With these considerations, the report has prepared and presented for the stakeholders of thecompany. CALCULATION OF FINANCIAL RATIOSFor the purpose of the calculation of the financial ratios, the annual report of the company for thelast two years ending 2017 and 2016 have been considered (Insurance Australia OfficialWebsite, 2017). The liquidity ratios and the profitability ratios have been calculated as under:FINANCIAL RATIOS FOR ANALYSIS - INSURANCE AUSTRALIA GROUPLIMITEDS. NO.Particulars201720163
(PDF) Corporate governance and performance_3
a)Profitability :(i)Net Profit Margin Ratio Net Income1334920 Revenue84657528 Profit Margin15.76%12.22%(ii)Return on Assets Net Income1334920 Total Assets2959730030 Return on Asset4.51%3.06%(iii)Return on Equity (Net Income / Shareholder's Equity) Net Income1334920 Shareholder’s Equity67926785 Return on Equity19.64%13.56%(iv)Gross Profit Margin Ratio Gross Profit32022826 Revenue84657528 Profit Margin37.83%37.54%(v) Earnings Per ShareAs per Annual Report39.0325.79b)Liquidity :4
(PDF) Corporate governance and performance_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Terms of The Financial Advisory Services
|13
|2858
|16

Financial Ratio Analysis of Billabong International Limited
|12
|3300
|387

Accounting for Business: Analysis of Medibank Private Limited
|13
|2790
|310

Analysis of Organizational Performance of Woolworths Limited
|20
|4191
|209

Financial Analysis of Suncorp Group
|13
|4421
|1

Business Finance Assignment - ANZ bank
|13
|3965
|405