Analysis of Nine Entertainment Co Holdings Ltd

Running head: ACCOUNTING
Accounting
Name of the Student
Name of the University
Authors Note
Course ID

1ACCOUNTING
Table of Contents
Introduction:...............................................................................................................................2
Brief Company Overview:.........................................................................................................2
Board of Directors:.....................................................................................................................3
Investment Decision:..................................................................................................................7
Corporate Governance:..............................................................................................................8
Auditors:...................................................................................................................................10
Business Ethics and Ethical Judgements:................................................................................11
Investors and Significant Ownership of Stakes:......................................................................11
Analysis of Financial Statement:.............................................................................................12
Liquidity:..................................................................................................................................12
Asset Management Efficiency:................................................................................................12
Capital Structure:.....................................................................................................................13
Profitability Ratios:..................................................................................................................13
Market Value Ratios:...............................................................................................................13
Cash Management Ratio:.........................................................................................................14
Conclusion:..............................................................................................................................14
References:...............................................................................................................................15

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Introduction:
The current report is based on analysing and discussing operational functions of Nine
Entertainment Co Holdings. The report would outline the industry in which the company
operates, its primary activities and current performance. A detail outline of board of directors
including the name, age, educations, career history and other relevant details would be
provided. An evaluation of the composition of the board and board expertise of Nine
Entertainment Co Holdings would be provided. Emphasis would be paid on the investment
and financial decision made by the NEC Ltd throughout the year. Furthermore, the report
would cover the corporate governance of Nine Entertainment Col Ltd and recommendations
would be provided concerning the ASX Corporate Governance Council.
The study would cover the external audit functions of Nine Entertainment Co
Holdings with key measures taken by the company in making sure that the business
operations are carried on with ethical means. An identification of the top five investors for
NEC would be identified and comment on the ownership stake in the company would be
presented. The analysis of financial statement through relevant ratios would be covered in the
study as well.
Brief Company Overview:
Nine Entertainment Co Holdings Ltd is regarded as the publicly listed Australian
media organization. Initially the company is the 50/50 joint venture with the consolidated
media holdings (Nineentertainmentco.com.au 2018). The strategy of the company is to
establish a great content, to distribute it widely and indulge in audience or advertisers. Since
Australia is the home of the most trusted and loved brands ranging from news, lifestyle,
sports and entertainment. The company takes pride in creating the finest content that is

3ACCOUNTING
accessed by the consumers when and how they want, while celebrating its ability to provide
the shared experiences among the audience.
The business functions of the company are engaged in the operations of four
divisions, free to air television, digital publishing, on demand video and production of
content. The company has the long standing strategic relations with the Microsoft, for selling
their suite of advertisement products while leveraging their world-leading technology data
insight, innovations together with the data relations with some Australia’s leading technology
providers such as Red Planet and Data Republics (Nineentertainmentco.com.au 2018). The
wide investment includes 50% interest in Stan and interest in Rate City with ASX-Listed
financial service company in Yellow Brick Road.
Board of Directors:
Name Age Gender Education Career History Remuneration
for FY 2015
($):
Peter
Costello
58 Male Bachelor of Arts and
Bachelor of LLB
Hons and Doctorate
of Laws LLB (Hons)
Mr Costello was
the member of the
Audit and Risk
management
committee. Mr
Costello served as
the member of the
House of
Representative.
Before entering
into the parliament
$850,000