Financial Statement Analysis Coursework: P&G Performance Review

This report presents a financial analysis of Procter & Gamble (P&G), examining its performance from 2018 to 2019. The analysis utilizes financial ratios, reformulation of financial statements, and an examination of operational and financial aspects. The executive summary highlights P&G's sound operational aspects, though net profitability was affected by impairment charges in 2019. The report delves into key metrics such as Net Operating Assets, Return on Capital Employed (ROCE), Return on Net Operating Assets (RNOA), sales growth rate, operating profit margin, and the value of operations and equity. The report also discusses the impact of goodwill impairment, leverage, and non-controlling interests. The conclusion emphasizes P&G's overall financial soundness despite the impairment charges. The analysis incorporates financial statements, calculations, and interpretations to assess P&G's financial health and operational efficiency.