Using the latest annual report 2019 from the 2 public listed companies below, perform an analysis of company performance.

Please find the annual report from the link below:

• Telekom Malaysia Bhd

https://www.tm.com.my/annualreport-m/images/pdf/Financial-Statement-EN.pdf

• Maxis Bhd

https://maxis.listedcompany.com/misc/ar2019.pdf

Required:

(a) Objectives/Purposes of performance analysis.

(b) Background of the business:

(i) Name of the business

(ii) Type of the business entity

(iii) Type of the activities carried out and/or type of goods or services offered

(iv) Source of capital or business finance (own capital, loan, issues of shares and so on).

(c) Performance Analysis:

A. Using information obtained from annual report and other sources, analyses the performance of the companies by using the following methods:

(i) Vertical analysis

(ii) Horizontal analysis

(iii) Ratio analysis.

B. Compare both companies by using information in A.

C. Conclusion