Project
Chapter I
Introduction
CHAPTER I
ABSTRACT
“Financial performance of Kirloskar Pneumatic Co Ltd”. It is concerned with examining the profitability position of the company for a period of five years (2007-2012).The main objective of this study is to analyse the financial performance of the company by analysing the financial statements. Financial performance is analysed for capital adequacy, assets quality, management, earning quality and liquidity. Charts and tables are used for better understanding of the company’s performance. The study deals with findings and suggestions for the improvement of the company.
INTRODUCTION
FINANCE
Finance is the life blood of a business. Circulation of blood is necessary for maintaining life in human body. In the same way, finance is absolutely necessary for the survival and smooth running of a business. Finance is one of the basic foundations of all kinds of economic activities. It is the master key which provides access to all the sources being employed in manufacturing and merchandising activities.
Finance is concerned with the flow of funds and decisions relating to business operations affecting the valuation of the firm. Therefore, finance is the fundamental requirement for any business enterprise, to carry on operations and achieve the goals.
Finance may be defined as the provision of adequate amount of money when it is required.
FINANCIAL ANALYSIS
Financial Analysis is the process of determining the operating and financial characteristics of a firm from accounting data and financial statements. The goal of such analysis is to determine efficiency & performance of the firm management, as reflected in the financial records and reports. Its main aim is to measure the firm’s liquidity, profitability and other indications that business is conducted in a rational and orderly way.
“Financial statement analysis is largely a study of relationship among the various financial factors in a business as disclosed by a
Introduction
CHAPTER I
ABSTRACT
“Financial performance of Kirloskar Pneumatic Co Ltd”. It is concerned with examining the profitability position of the company for a period of five years (2007-2012).The main objective of this study is to analyse the financial performance of the company by analysing the financial statements. Financial performance is analysed for capital adequacy, assets quality, management, earning quality and liquidity. Charts and tables are used for better understanding of the company’s performance. The study deals with findings and suggestions for the improvement of the company.
INTRODUCTION
FINANCE
Finance is the life blood of a business. Circulation of blood is necessary for maintaining life in human body. In the same way, finance is absolutely necessary for the survival and smooth running of a business. Finance is one of the basic foundations of all kinds of economic activities. It is the master key which provides access to all the sources being employed in manufacturing and merchandising activities.
Finance is concerned with the flow of funds and decisions relating to business operations affecting the valuation of the firm. Therefore, finance is the fundamental requirement for any business enterprise, to carry on operations and achieve the goals.
Finance may be defined as the provision of adequate amount of money when it is required.
FINANCIAL ANALYSIS
Financial Analysis is the process of determining the operating and financial characteristics of a firm from accounting data and financial statements. The goal of such analysis is to determine efficiency & performance of the firm management, as reflected in the financial records and reports. Its main aim is to measure the firm’s liquidity, profitability and other indications that business is conducted in a rational and orderly way.
“Financial statement analysis is largely a study of relationship among the various financial factors in a business as disclosed by a