Friday, February 14, 2020

Report for AIR PARTNER PLC. (Research & Financial Analysis) Essay

Report for AIR PARTNER PLC. (Research & Financial Analysis) - Essay Example Findings a) Financial highlights According to the chairman’s report( air partner’s report 2010), the group made a loss of ?1.65m, a loss of ?0.04 in the financial year 2009.Similarly, the pre-tax profit slumped from ?.6m in 2009 to ?3.5m in 2010 which is attributed to the restructuring costs and loss from some of their operating units. The company’s operation remained profitable despite the challenging environment fueled by a contracting economic outlooks experienced across the world in 2009 and part of 2010.( Vogel,2001).However, its turnover from the continuing operations increased from ?187m in 2009 to ?230m in the year 2010. The annual report released by the director in July 2011, indicates a remarkable increase in turnover and the pretax profit. The turnover increased from ?230m in 2010 to ?282m in 2011.Similarly, the pre-tax profit soared greatly by 93% in as compared to the yrar2010.The re was also an increase in Earnings per share from 26.6% to 32.55 in 2 011.It is also pointed out that in 2011 financial year, the directors were entitled to dividends signifying some positive growth in profits unlike in 2011 where there were no dividends due to the losses the companies had realized. Increase in profits was attributed to its core strategy of focusing on core business of core broking activities in areas which were profitable (Plunkett, 2008). A further critical analysis of their financial statements reveals that the net current assets of the firm decreased from ?9557m in 2009 to ?7642m in 2010 and a light increase to ?9578 in 2011, wit taxation taking major of their expenditures from the companies’ earnings. A loss was registered in cash flows from operating activities from ?2011m to ?2021m in 2011.This was attributed to a discontinued loss from operation as evidenced from the incomes and expenditure statement. Investment activities continued to decrease due to losses that were being incurred by the company, due to a downturn eco nomic patterns with ?18m in 2010 and a worse loss in 2011 of ?627m.in general, the cash and cash equivalents decreased by ?4569m in they year 2011. A closer review of the changes in the equity statement indicates that the company increased slightly from the ?10959m to ?12817m in the year ending 31st july2011. b) Trends and other concerns of the company As noted in their annual report (31st July, 2011), the lead time booking for their clients is ad hoc and unpredictable. This implies that the company’s business trend in uncertainty and only depends on the factors such financial markets, political instability from which their subsidiary company operate and natural events such catastrophe, earthquakes which adversely affect their business operation in those specified areas. For example, the earth quake that occurred in Japan adversely affected all the business in those areas and aircrafts plying those areas had to be called off (Annual Report, 2010; 2011) c) The group’s p rincipal risks The group principal risks include operation-related risks such as shortages of supply, adverse weather conditions, competitive pricing owed to the fact that the industry is highly concentrated, and stringent legal regulations

Saturday, February 1, 2020

Mission Statement & SWOT Analysis Essay Example | Topics and Well Written Essays - 250 words

Mission Statement & SWOT Analysis - Essay Example It means the corporation provides a social platform for the professional people. It shows superior level of organizational commitment towards the general societal welfare. The US based organization has a clear objective to contribute towards the professional society (LinkedIn Corporation). The organization was founded in 2002. Within one era, the company has able to grab almost 20 million members which is itself a staggering record. This kind of huge membership is indicating proactive stance of social responsibility. Across the world the organization has directly or indirectly funded several professional programs. Apart from financial support the company has indirectly communicated towards the society as well. With the help of this business oriented social networking service talented people of the global society has showcased their professional talents and members of the LinkedIn have come across lots of opportunities. All the above discussions and arguments are clearly indicating th at being a professional social networking company the organization has fulfilled all the criterions required for a proactive socially responsible organization. That is why the selection of this stance is absolutely proper with the nature of LinkedIn. Linkedin Corporation. Annual report 2013. April 2014. Web. 10 November. 2014.