The table below shows the Statement of Financial Position in the “TACL” format and in more detail. It also shows the last three years, so we can see how the business has developed. Write a brief summary of what has happened to Abcam’s statement over the last three years Has the size of the company changed and, if so, in what ways? Note that if the assets increase, then the liabilities (or equity) must have increased too. Next, discuss the following questions: Is Abcam financially safe? Does it seem financially well managed? Has it been a good investment in the past? Then, have a look at other companies in the sector (you have to find this information online). How has it performed when viewed alongside its competitors? Eventually, what would be your recommendation regarding Abcam? In a short paragraph, of approximately 200 words in length, highlight the key elements of your analysis and conclude with your recommendation.
The table below shows the Statement of Financial Position in the “TACL” format and in more detail. It also shows the last three years, so we can see how the business has developed. Write a brief summary of what has happened to Abcam’s statement over the last three years Has the size of the company changed and, if so, in what ways? Note that if the assets increase, then the liabilities (or equity) must have increased too. Next, discuss the following questions: Is Abcam financially safe? Does it seem financially well managed? Has it been a good investment in the past? Then, have a look at other companies in the sector (you have to find this information online). How has it performed when viewed alongside its competitors? Eventually, what would be your recommendation regarding Abcam? In a short paragraph, of approximately 200 words in length, highlight the key elements of your analysis and conclude with your recommendation.
Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
Chapter4: Balance Sheet: Presenting And Analyzing Resources And Financing
Section: Chapter Questions
Problem 14E
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The table below shows the
- Write a brief summary of what has happened to Abcam’s statement over the last three years
- Has the size of the company changed and, if so, in what ways? Note that if the assets increase, then the liabilities (or equity) must have increased too.
Next, discuss the following questions:
- Is Abcam financially safe?
- Does it seem financially well managed?
- Has it been a good investment in the past?
Then, have a look at other companies in the sector (you have to find this information online).
- How has it performed when viewed alongside its competitors?
- Eventually, what would be your recommendation regarding Abcam?
In a short paragraph, of approximately 200 words in length, highlight the key elements of your analysis and conclude with your recommendation.
Transcribed Image Text:Statement of Financial Position
As at:
Tangible assets
Intangible assets
Investments and other
Non-current assets
Current assets
Inventory
Trade receivables/Accounts debtors
Cash
Others
Total
Current liabilities
Short term debt
Trade creditors/Accounts payables
Others
Total
Net current asserts (liabilities)
Total assets less current liabilities
Financed by
Issued capital
Share premium
Other reserves
Retained earnings
Shareholder's funds/Equity
Minorities
Long term debt
Other non-current liabilities
Non-current liabilities and equity
Other information
For the year:
Capital investment and acquisitions (£m)
Dividend (pence per share)
Operating cash flow (before tax) (£m)
Employees
Number of shares (m)
30/06/2017
£ million
22.321
189.099
6.813
218.233
21.761
21.954
84.752
14.996
143.463
0.000
-6.872
-25.726
-32.598
110.865
329.098
0.409
23.910
92.476
190.324
307.119
0.000
0.000
21.979
329.098
30/06/2017
28.938
10.18
76.444
948
204.470
30/06/2016
£ million
17.623
182.670
9.615
209.908
19.676
19.594
69.919
11.465
119.654
0.000
-4.241
-29.052
-33.293
86.361
296.269
0.405
21.549
75.120
164.116
261.190
0.000
0.000
35.079
296.269
30/06/2016
21.840
8.91
56.798
882
202.601
30/06/2015
£ million
12.451
130.015
6.958
149.424
19.803
13.226
57.059
10.434
100.522
0.000
-4.669
-16.389
-21.058
79.464
228.888
0.402
19.522
63.097
131.083
214.104
0.000
0.000
14.784
228.888
30/06/2015
700.000
8.21
1349.000
782
201.052
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