Financial Analysis of Paringa Resources Limited and Neptune Marine Services Limited

Accounting
Assignment

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By student name
Professor
University
Date: 25th Sep 2018.
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Executive Summary
For the purpose of this assignment we have selected two companies which are listed in
the Australian stock exchange and we have also analyzed their annual reports. The primary
objective of this assignment is to comment on the overall financial position of both the
companies which are operating in the same industry and are rivals to one another. We have
analysed various elements of the financial statements like debt-equity, comprehensive income
statement details as well as the elements of cash flow. The purpose of this assignment is to
evaluate which company is more viable.
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Contents
Executive Summary.....................................................................................................................................2
Introduction.................................................................................................................................................4
Owner’s Equity............................................................................................................................................4
Cash Flow Statement...................................................................................................................................7
Other comprehensive income statement..................................................................................................11
Accounting for Corporate Income Tax.......................................................................................................13
References.................................................................................................................................................16
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