logo

Financial and Management Accounting

   

Added on  2023-01-13

14 Pages3378 Words92 Views
 | 
 | 
 | 
Running head: FINANCIAL AND MANAGEMENT ACCOUNTING
Subject code and Subject Name: ACCY801: Accounting and Financial Management
Submission Type: Online
Assignment Title: Business Report-Coca Cola Amatil Limited
Family name: .......................................................................
First Name: ..........................................................................
Student number:..............................................................
Contact Number: ............................................................
Email:.................................................................................
Financial and Management Accounting_1

1FINANCIAL AND MANAGEMENT ACCOUNTING
Table of Contents
Introduction......................................................................................................................................2
a. Company summary...................................................................................................................2
b. Details of board of directors.....................................................................................................2
c. Characteristics of board............................................................................................................5
d. Investment or financing decision.............................................................................................6
e. Recommendation of ASX CGC...............................................................................................7
f. Audit firm and their independence...........................................................................................7
g. Incorporation with ethics and the ethical judgment.................................................................7
h. Top 5 investors.........................................................................................................................8
i. Ratio analysis...........................................................................................................................8
Conclusion.......................................................................................................................................9
Reference and Bibliography..........................................................................................................10
Appendix........................................................................................................................................12
Financial and Management Accounting_2

2FINANCIAL AND MANAGEMENT ACCOUNTING
Introduction
The main objective of the report is to provide brief summary of Coca-Cola Amatil. The
report will further outline the details regarding the board of directors of the entity and the
characteristics of the same. In the next section of the report it will focus on the major financing
or investment decision taken by the entity, if any and the recommendation provided by ASX
CGC. The report will further focus on the audit form of the entity and regarding their
independency. The report will also highlight the major investors of it and will comment on the
financial aspects of the entity through various ratios (Ccamatil.com 2019).
a. Company summary
Coca-Cola Amatil Limited (CCA) that was incorporated on 16th October 1926 and
operates its business in beverage industry. It is engaged in distributing, manufacturing and
selling the ready-to-drink beverages in the region of Asia-Pacific. It is one of the largest bottlers
for non-alcoholic ready to drink beverages in the region of Asia-Pacific. Various segments of the
entity include corporate, food and services, alcohol and coffee beverages, and non-alcoholic
beverages. It manufactures the coca-cola products in 6 countries, where it operates including
Australia, Indonesia, New Zealand, Samoa, Fuji and Papua New Guinea (Ccamatil.com 2019).
The company is ranked at number 83 out of 2000 top entities in Australia. It generates majority
of the income from tobacco and beverage products manufacturing under Australian industry.
During the year 2017 it generated the total revenue amounting to $ 50,24,200,000 including the
sales revenue and other revenues. During the year 2017 it had 13000 employees in Australia
including the employees from all the subsidiaries under the control of the entity. However,
despite of strong financial position and dominance in the market, changing health consciousness
attitude of the people may have serious adverse impact on the company’s business (Soll 2014).
b. Details of board of directors
Name and
position
Gende
r
Ag
e
Education Career history Remunerati
on
Ilana Atlas,
Chairman
Female 62 Bachelor of
Jurisprudence
Extensively experienced
in the business field and
$ 408,371
Financial and Management Accounting_3

3FINANCIAL AND MANAGEMENT ACCOUNTING
(Honours) and
Bachelor of Laws
(Honours) and
Masters of Laws
held the executive as
well as non-executive
positions for various
industry sectors,
practiced as a lawyer for
22 years
Alison
Watkins,
Group
Managing
director
Female 53 Bachelor of
Commerce,
Fellow
Australian Institut
e of Company
Directors, Fellow
Chartered
Accountants
Australia and New
Zealand and
Senior Fellow
Financial Services
Institute of
Australia.
She was the managing
director of GrainCorp
Limited, she held the
executive as well as
non-executive roles in
food, retail, beverage
and financial services,
was partner at
McKinsey &
Company at early
days of her career
(Ccamatil.com 2019).
$ 51,12,759
John
Borghetti,
AO non-
executive
independent
director
Male 61 Not available CEO and managing
director of Virgin
Australia Airline Group
$ 224,087
Catherine
Brenner,
Non-
executive
director
Female 45 Bachelor of Laws
and Bachelor of
Economics and
Master of
Business
Former senior
investment banker for
providing advises to
domestic as well as
international clients
$ 254,388
Financial and Management Accounting_4

End of preview

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

Related Documents