Financial Reporting & Analysis
This particular assignment is about financial research assignment in which shares analysis of a company has been conducted through different angles. The assignment has been divided into 5 different sections and every section has been related to the end result of the research. It is prerequisite for this particular assignment to select a company which has been listed on the Financial Times Stock Exchange (FTSE-100). The company which has been chosen for this particular work is Anglo American. The first part of the assignment is to define about the primary business activities of the company, let's now start the same.
A Helicopter View Anglo American Company
Anglo American has been counted among one of the largest mining companies of the world which merely focuses on the platinum group, metals, copper, diamond, nickel, iron and thermal coal. The company has its headquartering located in London, United Kingdom, with 7 different subsidies in seven countries worldwide.
The company was formed in the year 1917 to explode the global mining scene. After that period the company emerged remarkably well as a leading global mining company. The merger with Luxembourg-based Minorco gave a real boost to the operations to the company and helped the company to form Anglo American Plc.
At the start of this century, the company has been registered with the FTSE-100 with total market capitalization of U.S.$21.6 billion which is enough to know that the company is now the leading mining company of the world. The company not only worked for itself but it also indulged itself in the social works like the company supported the first HIV testing campaign with the Chamber of Mines in South Africa in the year 1986 (Value Line Investment Survey, 2010).
The company is committed towards its services and is keen to deliver the operational excellence in a well defined and responsible way which not only adding values for the portfolio of the company itself but also for the employees and investors. The company has been engaged in the process of mining, melt and manufacturing different things from gold, copper and platinum (Value Line Investment Survey, 2010). The company earned net revenue of U.S.$32,929 million in the year 2010 which is a clear indication of the remarkable financial health of the company. The major competitor of the company is UK Coal, but the operations of Anglo American are more sophisticated than its major competitor. Let's now move towards the second part of the assignment which is all about ten-year's market analysis of the financial statements.
Part-2
Ten Year Market Analysis
In this part market analysis is required of last 10 years of the company. This particular report has been made from the standpoint of an investor that is why only those things have been analyzed which are important before the investors like Net Profit and Earning Per Share. Let's first talk about the net income of the company, mentioned below table and graph will be quite fruitful to gauge the ten-year's profitability of the company.
Net Income
Years
in Million U.S.$
3,085
2001
1,563
2002
1,592
2003
3,501
2004
3,521
2005
5,189
2006
5,294
2007
5,215
2008
2,425
2009
6,544
2010
From the analysis, it has been found that the company is in a good financial health which can be measured from the level of net income earned by the company (Wall Street Journal, 2009). From the year 2003, the company's net income has been increasing with a reasonable pace for the next five years. The year 2004 was very profitable for the company as the company's net income increased by 120% in that period as compared to the same period of last year. Anglo American is among those companies who performed extremely well even at the time of economic hardship (Value Line Investment Survey, 2010). The company's net income decreased marginally in the year 2008 and 2009 by 1.49% and 53.5% respectively due to the severity of the current economic crisis. The resiliency power of the company is tremendous, that is why the ban increment of around 170% has been envisaged in the year 2010 which is indeed a positive sign for the investors of the company. Let's now move towards the Earning per Share (EPS) analysis. Mentioned below is the graph and table of the EPS of the company.
EPS
Years
in U.S.$
2.23
2001
1.18
2002
1.16
2003
2.52
2004
2.55
2005
3.73
2006
3.99
2007
4.29
2008
1.98
2009
5.18
2010
With reference to the above mentioned table and graph, it can be clearly seen that the company is in a good financial health as far as generating the EPS is concerned. The EPS of the company has been in the positive node throughout the analytical period which is indeed a positive sign for the investors. Likewise the net income, the EPS of the company has been increasing substantially from the year 2003 to 2008. Downward effect has been envisaged in the year 2009 in the EPS because the company loses its earnings momentum due to the brutality of the current economic downturn. Fiscal year 2010 is the most productive year for the company in terms of revenue and EPS generation. The EPS of the company reached on all times high at $5.18 which is...
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