Bangas Financial Analysis
Introduction
A performance analysis has been carried out on a food manufacturing company in this report, Bangas Limited (listed at Dhaka Stock Exchange). The analysis had been carried out over a five years time period from 2003 to 2008. The designated company given to us is part of the food and allied industry. It is a reputed company and had been part of the stock exchange for a long time. Hence analyzing such a company will help us to understand its financial position over a period of time selected for us.
Financial statements are the major elements required to understand a company’s condition, market position profitability state and how it efficiently its functioning. The comparison of data from the financial statements helps us to identify a lot of basic details about the company. The basic financial statements used for analyzing are; balance sheet, income statement, cash-flow statement and statement of retained earnings.
The balance sheet gives us details about the financial details about the company’s financial position at a given point of time. The income statement provides the financial summary of all the company’s operating results during a given period of time. The statement of retained earnings show us the reconciled net income earned during a given year. As well as the dividends paid during that financial year, with the change in retained earnings between the start and end of the year is found there. The statement of cash-flow provides the summary of the firm’s operating, investment and financing cash flows and reconciles them with changes in its cash and marketable securities during the period. Although in this report our work will be with the details from the balance sheet and income statement collected from the annual reports gathered of the five consecutive years.
Objectives
Our main objective of the report is to analyze the performance of Bangas Ltd. over the five years to find out its market position,
A performance analysis has been carried out on a food manufacturing company in this report, Bangas Limited (listed at Dhaka Stock Exchange). The analysis had been carried out over a five years time period from 2003 to 2008. The designated company given to us is part of the food and allied industry. It is a reputed company and had been part of the stock exchange for a long time. Hence analyzing such a company will help us to understand its financial position over a period of time selected for us.
Financial statements are the major elements required to understand a company’s condition, market position profitability state and how it efficiently its functioning. The comparison of data from the financial statements helps us to identify a lot of basic details about the company. The basic financial statements used for analyzing are; balance sheet, income statement, cash-flow statement and statement of retained earnings.
The balance sheet gives us details about the financial details about the company’s financial position at a given point of time. The income statement provides the financial summary of all the company’s operating results during a given period of time. The statement of retained earnings show us the reconciled net income earned during a given year. As well as the dividends paid during that financial year, with the change in retained earnings between the start and end of the year is found there. The statement of cash-flow provides the summary of the firm’s operating, investment and financing cash flows and reconciles them with changes in its cash and marketable securities during the period. Although in this report our work will be with the details from the balance sheet and income statement collected from the annual reports gathered of the five consecutive years.
Objectives
Our main objective of the report is to analyze the performance of Bangas Ltd. over the five years to find out its market position,
Bibliography: ➢ http://www.bangladesh-business.com/tallugroup.html ➢ Principles of Managerial Finance Eleventh Edition Lawrence J Gitman, Pearson Education, 2008-2009