Introduction
Scentre Group (ASX:SCG) is the owner and operator of the Westfield malls in Australia and New Zealand. It is listed on the Australian Stock Exchange and was formed recently on 30th June 2014 through a merger of the Westfield Retail Trust and Westfield Group’s Australian and New Zealand management business. The Scentre Group is closely involved in the management of its portfolio, from construction to design, leasing and marketing of the malls.
Scentre Group controls a portfolio of 47 centres across Australia and New Zealand. This totals to 12,669 retailers in 3.9 million square meters of retail space. The portfolio are valued at A$40.9 billion.
A breakdown of the firm’s portfolio is shown below2: The purpose of this report is to investigate the financial strength of Scentre Group. The assumptions and calculation are based on the 2014 Annual Financial Report, which includes operations of Westfield Group, some assumptions are made in this report as Scentre Group was only formed less than a year ago and figures used may be reflected before the companies merged. Shareholder Analysis
A marginal stockholder is defined as the handler of stocks who is more involved in the buying or selling the next trade stock. The forces of demand and supply in the market allow these investors to determine stock prices of companies as these marginal stockholders usually own a significantly large portion of shares. This report is written to analyse Scentre Group’s largest
Chester Inc. is a client of SNHU, LLC who prepares the financial statements and financial analysis for Chester Inc. This report will detail several key items including the accounting effects of international expansion as it relates to differences between Generally Accepted Accounting Principles (GAAP), the United States standards, and the International Financial Reporting Standards (IFRS), the standards that would govern a portion of the financial reporting with an international expansion. This report will also review the financial performance of Chester Inc. Additionally; it will use ratio analysis to compare Chester Inc. with two of its main competitors.
Professor Thomas Piper prepared the original version of this note, “Assessing a Firm’s Future Financial Health,” HBS No. 201-077, which is being
This report will analyse and outline the company’s profitability, liquidity, solvency and investment potentials based on 15 ratios. All information is taken from the Next plc 2011 statement.
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.
This report is designed to provide an evaluation of the financial fitness of Chester, Inc. through the creation and analysis of a full set of financial statements. Methods that will be used to analyze the income statement, balance sheet and statement of cash flows include: horizontal and vertical analysis, ratio analysis and comparison to competitors and the industry. All calculations used to create the financial statements and analyze them can be found in the appendix of this document. A list of differences between the presentation of these financials and International Financial Reporting Standards will also be included at the request of management. Results of this analysis shows that Chester, Inc. is performance is under industry averages in several areas, particularly in liquidity and profitability.
The liquidity, profitability, and solvency ratios reveal some interesting points about Kudler Fine Food’s financial position. The liquidity ratios revealed that during 2002 and 2003, Kudler was having no trouble paying short-term debt. However, the current and acid-test (quick) ratios showed that during 2003 Kudler had an excess amount of cash that they were not investing properly. These ratios also showed that Kudler was collecting receivables and selling average inventory very quickly. The profitability ratios revealed that during 2002 and 2003, Kudler was using assets efficiently and making a decent profit. The profit margin ratio showed that during 2002 Kudler made a profit of four cents per dollar, and during 2003 they made a profit of roughly six cents per dollar. In addition, the return on assets ratio (which is also a profitability ratio) showed that Kudler utilized their assets efficiently enough to turn a profit. The solvency ratio used, which was the debt to total assets ratio, showed that during 2002 and 2003 Kudler only had around a quarter of their assets financed in debt. All of these ratios show that Kudler was a fairly strong company financially during 2002 and 2003. When trying to figure out how successful Kudler Fine Foods is, it is critical to review all financial statements. By using the horizontal and vertical analysis and the determining ratio calculations the profitability, liquidity, and solvency are figured. A specific
They have over 230 stores in Australia and abroad in countries including New Zealand, Slovenia, Ireland, Malaysia, Croatia and Singapore.
The following report includes selected financial data analyzing the performance of our company Life Through the Lens for year 12. Included is our strategy for the current year, future initiatives for our four regions, our competitor analysis, and reasons our company has not been improving as well as we had projected. At the moment our company’s current position is not up to par with our previous years regarding where our company is standing among our competitors. Please refer to Table 1.0 above to further understand our company’s performance for the end of year 12.
This organization analysis report provides an analysis of diversity and multiple sources of an Australian firm named Westfield. The core business of the Westfield shopping centre is mainly selling in fashion stuffs and accessories of the luxury brand retail monopoly. In addition, Westfield also included department stores business appliances, beauty shops, Woolworth’s supermarket, restaurants and many other items. Methods of analysis included work force, recruitment practices,
This assignment will analyse and compare the financial performance between NEXT and DEBENHAMS by examining their latest Annual Reports. In order to conclude and comment on these two businesses, appropriate ratios will be calculated through the figures in their business financial statements and the information regarding their industry and market conditions in Annual Reports will also be analysed.
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.
Westfield can trace its origins back to 1959, when it started out as the first development named “Westfield Place” in Blacktown which founded by John Saunders and Frank Lowy who still is the chairman of Westfield at the moment. They built 6 shopping centers one year and the company was floated on the Australian Stock Exchange in 1960.Then they expanded their business to Victoria and Queensland in the 1960s. After the expanding in Australia, they started to develop in the United States. In the beginning, they started their project with the purchase of the Trumbull Shopping Park in Connecticut in 1977. After that, they founded other three centers in California, Michigan and Connecticut in 1980. Furthermore, three centers were founded in California, New Jersey and Log Island, New York in 1986. In 1994 Westfield aligned with General Growth and Whitehall Real Estate to purchase 19 centers. Although the centers of West Field were concentrated in east coast and Mid-West, they have 47 centers over the United State at the moment. In the 1990s, Westfield began to expand to New Zealand, where the Fletcher company had the largest share of existing shopping centers and replace them progressively now. Moreover, as of 2014 they started the shopping center in the United Kingdom. They further to found many shopping center in other countries and finally they develop to become one of a largest real estate investment trusts group in the world and have more than 4200 employees in the world. At the moment, they have their shopping center in Australia, the United States, the United Kingdom, New Zealand, Italy, Croatia and
As at 31 December 2009, there were 195 franchised complexes throughout Australia. They have also rapidly expanded their offshore markets over the past few years, there are 70 company-owned stores located in New Zealand (31
The retail chains offer footwear, sporting goods, clothing, sportswear, home ware and accessories. The group operates in three segments namely Apparel, Home and Central Services.
“The Landmark Group began its journey in 1973 with one store in Bahrain and has grown into one of the largest retail and hospitality conglomerates in the Middle East, Africa and India. Currently the Group operates over 2,200 outlets, encompassing over 30 million square feet across 21 countries.” The group has employees more than 55,000 across the world. The group is involved in retailing of apparel, footwear, consumer electronics, cosmetics & beauty products, home improvement and baby products. The group also has interests in hospitality & leisure, healthcare and mall management. The group has several in-house brands and also works with other brands, acting as a retailer. ( Wikipedia