Corporate Finance Report Australia Analysis 2022

Running head: CORPORATE FINANCIAL REPORTS
Corporate Finance
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Table of Contents
Part A...............................................................................................................................................2
Annual Report Analysis...................................................................................................................8
Part B...............................................................................................................................................8
References......................................................................................................................................11

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Part A
1) The company selected for the purpose of Analysis is the Wesfarmers Company that is
headquartered in Australia operating predominately as a conglomerate company. The
operations of the company is diverse in the field of retail, chemicals, and fertilizers, coal
mining and other industrial products. The Annual Report presented by companies are a
formal representation published on an annual basis and are being sent on to the
shareholders and various other stakeholders of the company for whom is the report
disseminated (Hussey and Ong 2017). The annual reports presented by company shows
the overall year operations and the view of company in the upcoming year in regards to
the operating and investment activities it wishes to undertake. The management of the
company prepares the annual report of the company which is cross checked by the Board
of Directors and Auditors of the company regarding the financial information presented.
The annual report of the business is distributed for the stakeholders of the business which
would be involving different individuals such as shareholders, debtors, creditors,
government so that the performance of the business is appropriately presented. It is on the
basis of these, important decisions are taken by such stakeholders. In addition to this,
financial institutions also checks the financial reports of the business in order to judge the
viability of the business in handling loans and servicing of the same. Before
disseminating the report to the Securities Exchange Commission, the Auditor of the
company verifies and cross checks the various types of information’s that are presented
in the financial statement so that the same is material and can be well taken into
consideration for the purpose of analysis by the stakeholders of the company (Munir and
Terry 2018). After the successful verification and approval from the regulatory body and

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other concerned parties the company disseminate the annual report through the Website
of the company which is easily accessible by shareholders, investors and other
stakeholders of the company. One other manner in which the management of the
company can disseminate the annual report of the business is by presenting the same in
Annual General meeting among the shareholders and other stakeholders of the business.
2) The annual report presented by the Wesfarmers Company reflecting the health of the
company in terms of financial performance and financial position to the shareholders and
various other stakeholders of the company (Lo, Ramos and Rogo 2017). The annual
report of the company contains pertinent information in regard to company that is
essential in reporting. The financial information’s presented by companies is well taken
into consideration for the purpose of evaluating the financial performance which is then
used by investors for the purpose of valuation and investment considerations. When
evaluating the investment returns the stakeholders and shareholders of the company are
able to gain meaningful data about the company in various aspects allowing them and
helping them to gain important aspects about the company. In the perspective of the
annual statement of the company it is the financial report of the company that is taken
into analysis and consideration for the purpose of valuation of shares of the company by
looking at the past historical financial ut by the performance and the future aspects about
the company. The key evaluation metrics that are used as a tool with the financial data is
the various aspects of profitability, liquidity, activity and leverage position of the
company giving the investors a better idea about the ongoing activities of the company
(Drake, Roulstone and Thornock 2016).