Financial Analysis Report on BHP Billiton and South 32

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Corporate Accounting
Assignment

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By student name
Professor
University
Date: August 2018.
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Executive Summary
A financial analysis report has been prepared on two of the Australian companies which are listed on the
Australian Stock Exchange. The comparative analysis for the last 3 years 2017, 2016 and 2015 has been
done. The report covers the changes in the equity as well as debt over these years and how the
composition of debt and equity has affected the company. It also gives a brief description of all the
items shown in the statement of changes in equity, the equity shareholders account and the cash flow
statement. The report shows the changes in the 3 types of cash flow segments over years for both the
companies. It also mentions the reasons as to why the the comprehensive income statement is also
prepared over and above the normal profit and loss account and if this should be included for
performance assessment of the employees. Lastly, the report also covers various aspects of taxation as
to what is the effective rate, the book rate and corporate rate of taxation, what is the tax being paid by
company and what s meant by deferred tax assets and deferred tax liabilities, etc.
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Contents
Executive Summary.....................................................................................................................................2
Introduction.................................................................................................................................................4
Owner’s Equity............................................................................................................................................4
Cash Flow Statement...................................................................................................................................7
Other comprehensive income statement....................................................................................................9
Accounting for Corporate Income Tax.......................................................................................................11
Conclusion.................................................................................................................................................13
References.................................................................................................................................................13
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