logo

Financial Statement Analysis | Health Scope Limited

12 Pages2718 Words166 Views
   

Added on  2019-11-25

Financial Statement Analysis | Health Scope Limited

   Added on 2019-11-25

ShareRelated Documents
STUDY OF FINANCIAL STATEMENT OF HEALTH SCOPE LIMITED
Financial Statement Analysis | Health Scope Limited_1
EXECUTIVE SUMMARYThe subject of the study is analysis of Financial Statement of Health Scope Limited. Thecompany is registered company in Australia and is listed in the Australian Stock Exchange. Asthe title suggests, the main aim of the report is to study the financial health of the company interms of profitability and the net worth for the earlier years. The same analysis has been done inthe study through the annual report of the company for the different years including the auditedfinancial statements of the company. Other aim is to further study the financial statements withthe help of the accounting and financial ratios. With these aims, the report has been divided intodifferent sections and headings.
Financial Statement Analysis | Health Scope Limited_2
ContentsFINANCIAL STATEMENT AND RATIO ANALYSIS OF HEALTH SCOPE LIMITED................................................1EXECUTIVE SUMMARY.................................................................................................................................2INTRODUCTION...........................................................................................................................................4INDUSTRY SITUATION AND PLANS OF COMPANY........................................................................................4INDUSTRY OUTLOOK...............................................................................................................................4COMPANY’S FUTURE PLANS....................................................................................................................5ANALYSIS OF FINANCIAL STATEMENTS........................................................................................................5STATEMENT OF FINANCIAL PERFORMANCE............................................................................................6STATEMENT OF FINANCIAL POSITION.....................................................................................................7STATEMENT OF CASH FLOWS..................................................................................................................8RATIO ANAYSIS............................................................................................................................................8CONCLUSION.............................................................................................................................................11REFERENCES..............................................................................................................................................11
Financial Statement Analysis | Health Scope Limited_3
INTRODUCTIONThe company that has been considered in the study is Health Scope Limited. The company isoperating the hospitals, pathology labs and medical centre throughout the World. It has beenincorporated in the year of nineteen hundred and eighty five and since then the company has theremarkable history in the medical industry Company also have the clinics for mental patients andhave rehabilitation centre. Gordon Ballantyne is the current Chief Executive Officer of thecompany appointed on the 15th day of May, 2017 and has succeeded Robert Cooke. The homeoffice of the company is located at Level1, 312 Street Kilda Road Melbourne Australia, and VIC3001. The company working offices is located at Australia, New Zealand, Singapore, Vietnamand Malaysia. The main geographic location is Australia and New Zealand. The company hasprepared the financial statements for the year ending on 30th of June 2016. The books of accountsof the company have been audited by Deloitte Touche Tohmatsu by giving the authenticationthrough the audit partner of the audit firm - T Imbesi. In the auditor report it has been mentionedthat the financial statements have been prepared and presented as per the rules and regulations ofthe Corporations Act 2001. The auditor has further stated that the company has complied withthe Australian Accounting Standards and the other accounting Standards. The third statementthat the auditors have made is that the financial statement of the company represents the clearand fair picture of the working position as on 30th of June 2016 and working performance for theyear ended on that date (Company Official Website, 2017). The market price of company stockas on 8th of September 2017 is 1.64 AUD and dividend per share is 0.0700 AUD (SMH OfficialWebsite, (2017). The analysis has been made further with the help of financial report andfinancial ratios. INDUSTRY SITUATION AND PLANS OF COMPANYThe company is working under the health care equipment and service industry and in thisheading, the situation of the industry has been discussed and the plans of the company for thefuture growth of the company have been detailed.
Financial Statement Analysis | Health Scope Limited_4

End of preview

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

Related Documents
Financial Statement Analysis Flight Centre Travel Group Ltd
|10
|2229
|72

Analysis of Annual Report of Bluechiip Limited
|13
|2713
|405

Introduction to Accounting and Finance | Assignment
|16
|2383
|103

Introduction to Accounting & Finance Assignment | JB Hi - Fi Ltd
|11
|3051
|213

BUS5IAF Introduction To Accounting & Finance | Assignment
|21
|3837
|145

BUS5IAF - Introduction to Accounting & Finance
|31
|4544
|159