Analysing Organisational Performance AC0823A Assessment Unit 1 Sky’s Performance Michael Conacher-Finnegan Student Number: 1502339 Contents Introduction This report is provided for the purpose of evaluating the accounts of Sky PLC. The report shall feature calculations of ratios based on factual figures and provide a discussion as to the possible underlying causes of such changes. Sky PLC’s annual accounts have been used to gain the facts and figures and Sky PLC website has been used to gain company information. This report is limited to the information provided by Sky PLC and no other facts, figures or sources have been consulted. Company Overview Sky began in 1989 when they launched a satellite television service with four channels which where free of charge. This included Sky News which was as the time Europe’s first 24 hour news channel and in 1991 Sky Sports was invented which would go on to become one of the biggest channels in history. By 2006 sky had become one of the major market players within home phone, broadband and television. In 2014 Sky acquired its sister companies in Austria Germany and Italy. (Sky Timeline 2015) Sky now has over 20 million customers gained through operating in five different countries; The United Kingdom, Ireland, Austria, Germany and Italy. Sky is now Europe’s largest entertainment provider with £11 billion of revenues and employs 31,000 employees at 30 main sites
This report all concerns to identifying and assessing potential segments for BSkyB (Sky) UK telecommunication market. This business organizing operating in UK telecommunication industry is yet to make a mark and achieve a leading position. On the basis of identified market opportunities, it might be suggested to BSkyB (Sky) to concentrate on mobile telecommunications services, which appears a promising market segment, where BSkyB (Sky) huge opportunities to expand its business and so the profitability in order to emerge as a leading player in UK telecommunication industry. It is worth to mention here that UK mobile telecommunications market corresponds to one of the most striking tele-communications markets globally , with the mobile telecommunications services market segment creating
In accounting there is much to be learned, about the financial aspects of a business. In the past five weeks I have learned the importance of financial reports and how they relate to the success of an establishment. These reports may include balance sheets and income statements, which help accountants and the public grasp the overall financial condition of a company. The information in these reports is really significant to, managers, owners, employees, and investors. Managers of a business can take and deduce financial
The purpose of this report is to analyse Tesco’s annual report. The reoprt consist of a sypnosis of Tescos, describing what it does where it does it, how many people it employs and whether it is growing or declining. It also consist of the main accounting policies used by the company; analyses of its financial performance for four years. It also shows the ratios for the performance analyses.
The relevance of evaluating both the financial performance as well as position of Tesco PLC cannot be overstated. This is more so the case given the need to determine the stability and viability of the company going forward. This text seeks to evaluate the financial performance as well as position of Tesco PLC by amongst other things analyzing the entity's financial statements. In this case, the evaluation will be based on the company's recently published annual accounts.
The Case Study analysis will be based on the company Meridian Energy Limited(MEL). Meridian is leading manufacturer of renewable electricity and its customers are from all over Australia and New Zealand. The company is largest electricity generator and is the major contributor to the government’s target of renewable energy generation (Meridian, 2016). The objective of the case study is to critically analyse the application conceptual framework of accounting and also the accounting standards that relate to them. The case studies focus will be on the Statement of changes in Equity. Also the focus will be on the extent of application judgement and estimates that have been made by MEL and the issues which may arise because of these estimates.
A vertical and horizontal analysis of each company's balance sheet and income statement in this particular case will be enlightening. A vertical analysis will for instance shed some light on how revenue is being used. In this case, each component of the companies' financial statements will be converted into a percentage of a key component of either the balance sheet or the income statement. A special common size balance sheet and income statement will be utilized to ease comparison. The
As the business environment grows and companies find new ways to expand into their respective - or even new – markets, it is important that reporting standards stay up to date with changes and continue to assist companies in providing their users with useful accounting information. Information is labelled as being useful when it meets the
They also provide telephony and broadband services. British sky broadcasting plc directly transmit on its own channels and supply of those channel on cable. British Sky Broadcasting Group PLC retail channels DTH, Sky Player and Sky Mobile TV customers and certain of its own channels to digital subscriber line (DSL) and iPad subscribers. In the year 2010 Sky acquired Virgin Media Television. It was formed in November 1990 by the equal merger Sky Television and British Satellite broadcasting which became the UK's largest digital subscription television company (Great Britain 2007). Sky is recognized for having changed televised sport with the breadth, depth and style of its coverage, as well as having revolutionized entertainment TV provision.
The price of the subscription and the additional services Sky offer, would suggest it is aimed at middle class families with the latest television and mobile device (iPad, tablet and smartphones). The price could also discourage anyone under 30, with this market using their disposable income on entertainment outside of their home, they’re unlikely to become a Sky customer when they aren’t benefiting from their subscription.
Within this report, diligent focus will be shown to the financial year of 2010 and the final year of
The purpose of the report is to measure the performance, financial position and liquidity of the general retailer, Debenhams plc. Its operation would be compared to that of the prior year as well as that of a rival company in the same industry.
This makes the company look good and they can afford to do this from good financial skills. Decisions like this make a good profit in the long run and all in all this is why it is so important to have a good management team.
Financial statements are frequently a key source of information for financial decisions and taking a look at Microsoft’s financial statements can help us decide certain things about the company. There are three different types of statements that will be discussed in this section. These include: the balance sheet, the income statement, and the statement of cash flows. They are discussed here in either the sense of quarterly or yearly statements and will be noted as so. All information has been derived from Yahoo Finance. (http://finance.yahoo.com)
The aim of the following report is to assess the financial activity of Britvic PLC over a sixty months period, from January 2005 until December 2009, in order to make recommendations for a future investment in the company.