Each group is required to download and use the latest financial annual report (FYE 2022) of the
Question:
Each group is required to download and use the latest financial annual report (FYE 2022) of the selected company and refer to the "Group" / "Consolidated" financial data to answer the following questions: The group report should cover the following areas:
(i) Introduction (Hartalega Holdings Berhad (5168)) - An overview on the company, the background and nature of its business, etc.
(ii) Analysis on Sources of Financing Part A: - Identify any TWO (2) sources of financing (e.g. ordinary share, bond, term loan, overdraft, trade credit, hire purchase, etc) used by the company and discuss the advantages and disadvantages of each source of financing from the company's point of view.
Part B: "Malaysia's central bank will deliver its interest rate hike in its effort to keep high inflation under check. Nearly 60% of economists expected rates from 2.75% to reach 3.25% or above by end-June. The economy was expected to grow 4.0% this year and 4.5% in 2024." Source: Reuters 2023, "Malaysia central bank to hike rates to 3.00%".
Required: - Discuss how the above situation may affect the financing decision of the company selected for analysis (based on annual report FYE 2022).
Financial Reporting and Analysis
ISBN: 978-0078025679
6th edition
Authors: Flawrence Revsine, Daniel Collins, Bruce, Mittelstaedt, Leon