FINANCIAL RESOURCE MANAGEMENT

Financial Resource Management

Financial Resource Management

Task 1: Financial Analysis

NBC Mining Corporation is one of the world's biggest manufacturers of gold, with hardworking mines in, Nevada, Indonesia, Australia, New Zealand, Ghana, and Peru. Some lesser procedures encompass Bolivia, Mexico, and Canada. Holdings encompass Battle Mountain Gold, Normandy Mining, and Franco-Nevada Corp. NBC furthermore has numerous junction project relationships. As of December 31, 2006, NBC made roughly 5.9 million equity ounces of gold every year and held reserves of about 94 million of those equity ounces. Production in the Americas anecdotes for about 70% of the company's equity ounces, but even so, NBC is the biggest gold excavation business in Australia. NBC uses roughly 15,000 persons worldwide. Other metals that the business mines encompass copper and silver.

KPhone Telecommunication Co., Ltd. provision distinct types of wireless telephone and it's replacement components encompassing Flex Cable,LCD,Housing,Keypad Button,Face Plates, CPU, Swivel band clip, etc. We have organised to rapidly and hard-hitting move out of the goods into the overseas market with our focus on value command and clientele satisfaction. Our Products have acquired a status for high value and better presentation in telecommunication market.

 

NBC Mining Corporation

 

 

2007

2008

 

 

£m

£m

Fixed Assets

 

58178

55300

Inventories

 

6000

6500

Accounts Receivables

 

6000

9500

Cash

 

3000

7000

Total Assets

 

73178

78300

 

 

 

 

Accounts Payable

 

2500

2650

Debentures

 

2500

2500

Total Liabilities

 

5000

5150

 

 

 

 

Capital

 

32678

32650

Ordinary shares

 

32500

38000

Preference Shares

 

3000

2500

Total SHE

 

68178

73150

Total Liabilities & Equity

 

73178

78300

 

 

 

 

 

 

 

 

Sales

 

29635

9500

CGS

 

15003

6000

Gross Profit

 

14632

3500

Less: Interest

 

450

475

EBT

 

14182

3025

Less Taxation

 

231

253

NI

 

13951

2772

 

kPhones Ltd.

 

 

2008

2007

 

 

£m

£m

Fixed Assets

 

565000

580000

Inventories

 

50000

38400

Accounts Receivables

 

150000

90000

Cash

 

0

0

Total Assets

 

765000

708400

 

 

 

 

Accounts Payable

 

45000

20000

Debentures

 

460000

150000

Total Liabilities

 

505000

170000

 

 

 

 

Capital

 

65000

318400

Ordinary shares

 

95000

90000

Preference Shares

 

100000

130000

Total SHE

 

260000

538400

Total Liabilities & Equity

 

765000

708400

 

 

 

 

 

 

 

 

Sales

 

412500

358695.7

CGS

 

103125

89673.91

Gross Profit

 

309375

269021.7

Less: Other Expenses

 

61875

53804.35

EBT

 

247500

215217.4

Less Taxation

 

74250

64565.22

NI

 

173250

150652.2

 

Earnings in perspective

            NBC Mining Corporation has long been examined as a non- valuation propelled supply, may really shock numerous if the market were to adapt for the powerful development potential. According to my forecasted EPS development of 17% per annum for the next three years, the supply characteristics powerful dynamics. The business has pathway record of giving out dividends and bonus portions to its shareholders.

 

Profitability and efficiency

            As of December 2008, the company's long period liability was 43.84 million UK £ and total liabilities (i.e., all monies owed) were 21.81 billion UK £. The long-term liability to equity ratio of the business is very reduced, at only 0.00. As of June 2008, the anecdotes receivable for the business were 15.59 billion UK £, which is matching to 56 days of sales. This is an enhancement over the end of 2007, when NBC Mining Corporation had 85 days of sales in anecdotes receivable.

 

Profitability Analysis

            On the 102.47 billion UK £ in sales described by the business in 2008, the cost of items traded totaled 02.04 billion UK £, or 99.7% of sales (i.e., the whole earnings was 5.3% of sales). This whole earnings margin is smaller than the business accomplished in 2007, when cost of items traded totaled 98.1% of sales.  The company's profits before interest, levies, depreciation and amortization (EBITDA) were 4.35 billion UK £, or 4.2% of sales. This EBITDA margin is poorer than the business accomplished in 2007, when the EBITDA margin was identical to 6.1% of sales.  In 2008, profits before exceptional pieces at NBC Mining Corporation were 2.23 billion UK£, or 2.2% of sales. This earnings margin is smaller than the grade the business ...