R.W.Ltd is a public limited business enterprise.Its head office is in the Asia and Pacific region.The revenues
Question:
R.W.Ltd is a public limited business enterprise.Its head office is in the Asia and Pacific region.The revenues and profits arise wholly from the processing and distribution of liquid milk and related products.It operates entirely with the Asia and Pacific region with processing plants in country A, country B, country C and country D.The average number of persons employed by the group during the year to April 4, 2009 was 4508(3888 on production and distribution and 620 on administration.
The business enterprise was originally a small family business.In more recent years it has expanded rapidly.It has done this partly by natural growth and partly through acquiring other businesses.It became a public company in 1994.
Analyse the enterprise's financial performance for the five years 2005 to 2009 inclusive.Write a short report about your findings.
R W Ltd:Five-Year Financial Statement Summary
For year ended | 2005 | 2006 | 2007 | 2008 | 2009 |
$'000 | $'000 | $'000 | $'000 | $'000 | |
Income statement | |||||
Revenue | 489168 | 568564 | 605289 | 721983 | 847702 |
Cost of sales | (373400) | (429883) | (448594) | (551829) | (667309) |
Gross profit | 115768 | 138681 | 156695 | 170154 | 180393 |
Profit from operations | 25077 | 27495 | 35659 | 31645 | 35147 |
Profit before tax | 25221 | 26726 | 34592 | 29184 | 30767 |
Profit for the year | 21551 | 18450 | 24156 | 19320 | 6581 |
Balance sheet | |||||
Property, plant and equipment | 146228 | 150119 | 176309 | 216455 | 221881 |
Inventories | 6826 | 7037 | 7079 | 8887 | 10581 |
Trade receivables | 32237 | 39876 | 41958 | 53310 | 57130 |
Current assets | 49851 | 56328 | 59432 | 71607 | 80995 |
Trade payables | (38321) | (44803) | (52155) | (63140) | (69906) |
Current liabilities | (67889) | (76170) | (81798) | (101861) | (107173) |
Total equity | 114069 | 119258 | 139796 | 139509 | 134521 |
Cashflow statement | |||||
Operating activities | 31424 | 36010 | 44109 | 52937 | 57964 |
Investing activities | (18953) | (23871) | (41679) | (62731) | (30983) |
Financing activities | (20585) | (15724) | (3737) | (10563) | (21978) |
Net increase/(decrease)in cash and cash equivalents | 8114 | 3585 | 1307 | 859 | 5003 |
Cash and cash equivalents-beginning year | 16431 | 8317 | 4732 | 3425 | 4284 |
Cash and cash equivalents-end of year | 8317 | 4732 | 3425 | 4284 | 9287 |
Statistics | |||||
Basic earnings per share(p) | 28.38 | 25.35 | 33.38 | 26.76 | 9.19 |
Dividends per share(p) | 8.00 | 9.00 | 12.00 | 14.00 | 15.00 |
Market price per share(p) | 270 | 312 | 459 | 458 | 324 |
Global Strategic Management
ISBN: 9781350932968
5th Edition
Authors: Philippe Lasserre, Felipe Monteiro