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Introduction of Financial Management Assignment

   

Added on  2020-06-06

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Introduction of FinancialManagement
Introduction of Financial Management Assignment_1
Table of ContentsINTRODUCTION...........................................................................................................................31. Overview of company and its annual reports.....................................................................32. Calculation of financial ratio's to evaluate firm's performance..........................................53: Compare and financial performance among two companies............................................74: Review and valuable recommendation...............................................................................8CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10APPENDIX : 1...............................................................................................................................11Table 1: Incomes statements of TM telecom ......................................................................11Table: 2: Balance sheet: .......................................................................................................12Table 3: Incomes statements of Celcom Telecom ...............................................................14Table 4: Balance sheet..........................................................................................................15
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INTRODUCTIONFinancial management is an utmost crucial aspect of an organisation. This will be helpfulin managing and controlling various financial transactions that are done during a specific periodof time. The primary motive of an organisation is to make proper analysis of financial positionand performance of a company so that better decisions can be made accordingly. This particularreport provides valuable information about two companies which are dealing in telecom sector. Managers need to make use of financial statements from annual reports to determine thekey financial ratios. This is done to determine the current year’s performance of company ascompared to another one. Understanding of key financial analysis to examine difference betweentheir financial position. The overall evaluation is done in order to deliver effective suggestions tomake improvement in their present financial position (Brigham and Houston, 2012).1. Overview of company and its annual reportsIn order to make proper analysis of financial condition, it is vital for the managers tounderstand various aspects that are helpful in examining their current position. For this purpose,they need to analyse two best companies that are dealing in the same sector which are operatingin Bursa Malaysia. These two are discussed underneath:CelcomTelecommunication: Celcom AxiataBerhad was established in the year 1998 as the oldest mobiletelecommunication provider in Malaysia. It is a type of private company which is related withtelecommunication broadcasting whose headquarter is located in Kuala Lumpur. It is oneoriginally obtain a cellular phone license in formulating Extended total access communicationsystem. With the mobile numbering portability by Malaysian communications and multimediacommission, they are also engaged in virtual mobile operator services. Celcom is also associatedwith providing rural communication services by using CDMA technology and satellite mobiles. In the initial stages, Celcom has experienced an enormous increase in subscriber base andnetwork coverage of the country. They have expanded in the segment of system integration frommid and small sized enterprises. It involves design, deployment and maintenance of LANsolution through deploying Ethernet networking technology. Their business operations werechanged to digital network technology and related services. They are planning to developedMalaysia's first carrier class metro Ethernet fibre optic to one border to another spanning3
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peninsular Malaysia. It serves enterprise as well as wholesale customers such as hospitality,healthcare and financial services. Celcom telecom services are more higher costs and are morevaluable for the company in accordance with delivery superior services to respective client. Annual report analysis:It is one of the leading telecommunication groups in Asia with 320 million subscribers inalmost 10 nations. They wants to pieces together as one of the best in the region in accordancewith innovation, connectivity and talent. Through its diverse portfolios in networking sectors anddigital services, they want to offer a wide range of innovative products to their respectivecustomers (Chandra, 2011).Vision:They are seeing them as new generation digital champion till 2020.Telekom Malaysia:It is known as one of the leading telecommunication companies with a perfect digitalnetworking services. Initially, as the national telco for fixed line, radio and televisionbroadcasting services to connect every point. It has evolved to become one of the widestbroadband services delivery company. It is a type of public traded government operatedcompany. It is situated at Telekom Tower, Kuala Lumper. This company is working with total of28047 to generate health revenues of 11.24 billion. As per the current trend seen in TM ventureinto the long term evaluation space with the opening of 4G offerings. The rate at whichMalaysians company would adopt digital techniques is the one which is operating as widegovernment can linked business companies in the nations. Along with the increase in trade andformulation of townships, the total number of telephone subscribers in Malaysia is enhancingevery day with their significances (Higgins, 2012). Annual report of TM:Digital solutions are changing the ways of all our clients that are living and work forbetterment of an organisation. Businesses stand to create more benefits from operational and costefficiencies as well as to increase customer experiences. With the high grade connectivity, datacentres and cloud services enable their business customers in their own digital guidance. TM haslong recognised terms that create value of sustainable operations of developing strongrelationship that is based on trust with stakeholders. Their primary aim is to focus on deliveringsuperior customer experiences. As a market leader, they are driven by stakeholder interest4
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