INTRODUCTION
Chennai port is s Situated in the Coromandel Coast in South-East India, the port of Chennai has more than 100 years of tradition. Strategically located and well connected with major parts of the world, it is today the hub port on the Indian subcontinent. Committed to efficiency through innovation the four corner stone’s of the port will see much growth in the years to come. Continuous modernization, efficient services at minimum cost, simple and integrated procedures, and user-friendly approach.
Financial position is the status of a person’s or business assets,liabilities,and capital at a point in time.financial position is reported in the form of a balance sheet,which is a formal financial statement prepared under specific accounting rules.
The state of and the relationships among the various financial data found on a firm’s balance sheet.The accounts status of a firm’s or individual assets,liabilities,and equity position as reflected on its financial statement.
The total assets,liabilities,and/or equity a person or company holds.This term especially applies to investment positions.
A financial analysis comparison in which certain financial statements items are divided by one another to reveal their logical interrelationships.
INDUSTRY PROFILE
INDUSTRY PROFILE:
PORT IN INDIA India has a long coastline, spanning 7516.6 kilometers, forming one of the biggest peninsulas in the world. It is serviced by 13 major ports (12 government and 1 corporate) and 187 notified minor and intermediate ports. The latest addition to major ports is Port Blair on June 2010, the 13th port in the country. Major ports handled over 74% of all cargo traffic in 2007. However, the words "major", "intermediate" and "minor” do not have a strict association with the traffic volumes served by these ports. As an example, Mundari Port, a newly developed minor port in the state of Gujarat registered a cargo traffic of around
Bibliography: BOOKS REFERRED FINANCIAL MANAGEMENT T.S. REDDY&MURTHY Administration report of Chennai port trust WEB SITES www.port of Chennai.co.in. www.chennai ports.com www.sliders.com www.answers.com