On an individual basis each participant should study the financial statements of a listed Indian Real Estate
Question:
- On an individual basis each participant should study the financial statements of a listed Indian Real Estate Company and report the following: (be sure to send the scanned copy /excel file of the financial statements ALONG WITH YOUR SUBMISSION. You can refer to the company’s website or else databases like money control / Bloomberg etc.
You should select an Indian Real Estate Company For the most recent year’s data available:
- What is the major source of revenue for your company? What is its % of the total income?
- What is the major chunk of expenses? Express it in % terms (% to Total income). Has there been any change over the years? (look at least 3 years to see a trend) How do you think there is scope for your organization to reduce the ‘costs’ vis a vis increase in sales? (Answer this from your understanding of your organization’s financials).
- Comment on the asset mix w.r.t need/importance/typicality of your industry? What are the top three assets by size? Are they the top three in your kind of industry? Why? What percentage is each of them to total assets? (Calculated as asset A/Total assets).
- Has the Balance sheet size increased over the last three years? Can you identify some of the reasons for this?
- Similarly has the PAT amount changed over the last three years? Could you identify the major reasons for this?
(Please use different sheets in excel for pasting/attaching your company’s financial statements/notes to accounting etc. Please DO NOT send separate pdf documents. Do not embed the PDF of the entire Annual Statement. Please only provide relevant sections in the form of images in your excel file. Workings must be derived in MS-excel itself. If you are facing obstacles in obtaining financial statements of your Company incase you work for a Private Ltd Company, you may use the statements of your closest competitors or those of companies in allied industries that are listed. However, in doing so, clearly mention the same in your assignment in the form of a note)
Accounting Principles
ISBN: 978-0470534793
10th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso