In our coursework group assignment, our group had chosen the Apollo Food Holdings Berhad which is listed on the main board of the Bursa Kuala Lumpur.
Apollo Food Holdings Berhad is a Malaysia-based company engaged in investment holding and provision of management services. Its own subsidiaries are Apollo Food Industries (M) Sdn Bhd, which is engaged in manufacturing and trading in many compound such as chocolates, chocolate confectionery products and cakes. The company is manufacturing and selling its products in Malaysia and other countries.
Besides, our group had done a good researching on the inventories process, valuation and understanding about the Apollo Food Holdings Berhad based on the company annual report 2010 and 2011. Lastly, we had learned the ways to obtain and analyse the annual report of a company.
1.Types of inventories of Apollo Food Holding Berhad
There have many products in Apollo Food Holdings Berhad , like chocolate wafer , layer cake , chocolate layer cake , swiss roll , biscuits and so on. We choose chocolate layer cake as our main product that we want to introduce.
1.1. Raw materials
Sugar , wheat flour , eggs , vegetable fat (palm oil) , vegetable oil (palm oil) , refined glycerine , corn starch , cocoa powder , glucose syrup, emulsifier (distilled monoglyceride E471 , polyglycerol ester E475) , sorbitol , salt , artificial flavor (chocolate , vanillin) , citric acid , sodium bicarbonate , potassium sorbate , calcium propionate , baking powder.
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2. Process of manufacturing chocolate layer cake
Firstly, heating oven to 350 degree F (gas mark four or 180 degree C). Secondly, prepare small cake tins with non-stick paper and grease the tins. Stir softened butter with sugar and add one egg once time ,mix it well between it. Then , add in flour, cocoa powder, vegetable fat , vegetable oil , refined glycerine , corn starch , cocoa powder , glucose syrup, emulsifier , sorbitol , salt , artificial