Instructions
Download the annual report from the company’s website as follows:
a) ROLLS ROYCE
b) Company Name, Annual Report
c) You should download the annual reports for 2012, 2013 and 2014 OR if the 2015 annual report has been published then you should use the annual reports for 2013, 2014 and 2015.
d) Produce a written report using time series analysis (year on year comparisons) over the three year period. Your report should include analysis of the following ratio groups :
· Profitability, Efficiency, Liquidity, Gearing and Investor Ratios.
The report should highlight and compare year on year, the financial strengths and weaknesses of the company with reference to the above ratio groups. You should discuss those aspects of the company’s performance and financial status which are showing signs of improvement as well as those which are becoming worse. In addition, you should suggest actions that could be taken to enhance the overall performance of the company and provide supporting explanations.
At the end of the report you should include an appendix showing all the ratios that you have calculated (from the annual reports over three years) and the basis of their calculation, clearly stating any assumptions that you have made.
You should also include in the appendix, the relevant extracts from the annual reports, namely the income statement and statement of financial position/balance sheet.
Do not submit full copies of the companies’ annual reports.
The word limit of the main body of the report is 1500 words. The word count should be shown on the first page of your report.
