2012
The analysis of financial position of Heineken, Carlsberg and Saigon Beer Company
The analysis of financial position of Heineken, Carlsberg and Saigon Beer Company
Le Dinh Quang | Do Thi Tra Mi |
SAXION UNIVERSITY OF APPLIED SCIENCE
Academy of International Finance and Accounting
Education: Accountancy
The analysis of financial position of Heineken, Carlsberg and Saigon Beer Company
Le Dinh Quang (Leo) | St.No. 153452 | Do Thi Tra Mi (Kathy) | St.No. 154723 |
Students:
Mr Harm.Postma | Mr J.J Bodewes |
Supervisors:
Deventer, the Netherlands
May 2012
* Prefatory Note
Our dissertation is about the financial ratios analysis based on information from financial statements of three beer companies: Heineken Beer Company in the Netherlands, Carlsberg Beer Company in Denmark and Saigon Beer Company in Vietnam. We will analyze their business performance in the period 2009, 2010 and 2011, and the significance of financial management. Ultimately, we give suggestions and recommendations for Saigon Beer Company. All of information and literature used are collected from internet sources, published books and course books which are reliable. We would love to contribute the results and findings on this paper to the development of our country, in terms of economy, and particularly, the beer industry. This report does not only aims at Saigon Beer Company but also other beer companies in Vietnam. The other targeted groups in our report are investors, shareholders, creditors and suppliers who are concerned about financial health of the three companies. Furthermore, our dissertation can be useful for future courses. It means that new students can use this report as a reference document for their study.
Due to the limitations of time and budget, the report encounters some restrictions. For that reason, we can only conduct the report based on public information of the chosen companies even though some ratios