Financial Analysis of Emirates: Evaluating Financial Ratios and Required Skills for HR Department

Running head: SKILL FOR BUSINESS LEADERSHIP
Skill for Business Leadership
Name of the Student
Name of the University
Author’s Note

SKILL FOR BUSINESS LEADERSHIP1
Executive Summary
This current report has focused on the financial analysis of a United Arab Emirates company
which is Emirates that mainly provides services to the customers. It consist of financial
performances that are recorded by the company in their financial statement which are disclosed
in the annual report of a particular year. Different types of financial ratios have been evaluated
which points out the efficiency of the company. Moreover, it also includes the skills that are
required to work in Hr department.

SKILL FOR BUSINESS LEADERSHIP2
Table of Contents
Introduction......................................................................................................................................3
Task A..............................................................................................................................................3
Background of the company........................................................................................................3
Financial performances................................................................................................................3
Profitability ratio..........................................................................................................................5
Solvency ratio..............................................................................................................................5
Liquidity ratio..............................................................................................................................6
Turnover ratio..............................................................................................................................6
Future financial goals of the business..........................................................................................7
Task B..............................................................................................................................................7
Critically evaluating the skills that requires for post graduation and working in HR department
.....................................................................................................................................................7
Conclusion.......................................................................................................................................8
References........................................................................................................................................9
Appendices....................................................................................................................................11

SKILL FOR BUSINESS LEADERSHIP3
Introduction
Financial analysis is vital for a business as the analysis of the performances is measures
by the financial statement that are prepared by the company. In this study, Emirates have been
taken into consideration which is a multinational airline company based in United Arab
Emirates. Background of the company has been provided along with their financial performances
that points out the financial ratios for the firm. These evaluated ratios mainly focuses on the
liquidity, solvency and other aspects of the business. Moreover, it also includes the skills that are
required for post graduation as well as working in the HR department.
Task A
Background of the company
Emirates is an airline company which is based in Dubai, United Arab Emirates and the
subsidiary company is owned by the investment corporation of Dubai. It is considered as the
largest airline in the area of Middle East and it operates more than 3600 flights in a week. The
company has been founded in the year 1985 and serves more than 161 destinations. Headquarter
of the company is situated in Garhoud, Dubai, United Arab Emirates and Ahmed bin Saeed Al
Makhtoum has been appointed as the Chief Executive Officer of the company (Cdn.ek.aero
2019). In the year 2018, the company has earned around AED 13.3 billion as revenue and AED
62 million as net income for the company.
Financial performances
The company has disclosed their financial statement for extracting the financial
information about the company for a certain period of time. Financial performances are also
measured by the financial statement that are mainly prepared by the management of the firm