PART A Task One: Financial RatiosHistorical performance of the company The PLC and Dolphin Hotels PLC Beruwala Resorts are listed on the Colombo Stock Exchange.This assignment helps to get an idea of how these hotels performed. Ratio analysis is a process inwhich a firm's financial strengths and weaknesses are identified and analyzed by establishingmeaningful relationships between the elements of financial statements. The Ratio analysis wasdefined as one of those parameters for calculating efficiency. However, it is not advised tocalculate market success based solely on financial metrics, as non-financial considerations play acrucial role in this too.(William.F,1999)1It was located nestled in one of Sri Lanka's most historically important places. Dolphin Hotel hasa fun atmosphere to sell its visitors. The tranquility of the environment supports the traveler in arelaxed atmosphere while the luxurious collection of facilities ensures absolute comfort. Thehotel is a sanctuary for residents as well as visitors, with convenient lodging to a variety ofleisure activities.The hotel is situated about 169 km from Colombo and about 162 km from KatunayakeInternational Airport, Bandaranaike. Dolphin Hotel offers 79 superior rooms to its guests whichspeak for their name. With relaxing colors and decor to help relax amid nature's wonders, theseguestrooms provide complete privacy and luxury at all times. Sri Lanka's warm climate ismaking swimming outdoors a pleasurable pastime. (Gulpenko,K,2017)2The Dolphin Hotel’smain restaurant, a pavilion-type air restaurant, serves tasty and gastronomic local and foreigncuisine.Other services at Dolphin Hotel include an Eco Center, an in-house pharmacy, physician on call,and guest machine internet. In an extremely challenging climate, including lower than expectedoccupancy levels due to severe competition and lack of demand formation, Dolphin Hotels PLCreported top line growth during the year.(Gulpenko,K,2017) 3Total occupancy was 74 per centon average compared to 76 per cent in the previous financial year. The turnover was Rs.26Mn1 (William.F,1999)2 (Gulpenko,K,2017)3 (Gulpenko,K,2017)4

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BBA1143 Introduction to Accounting

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