This document provides Management’s analysis of the financial condition a nd results of operations for the Multilateral Investment Guarantee Agency (MIGA or “the A gency”) for the fiscal year ended June 30, 2018 (FY18). �+����W��]]�hl��:|�:�ܲ�7�X̝�~02��?�t�)#3�&�r���� ƙo pδ��RN�),>�����d���2�^���Y�ٳ��HV�5�t��K5}��k�F �.�����䘳�-g �Uf5��a��r��Y��iwa����W��l,����0�h�DU��"{#�5Qu}�y�f@�c�[���/�#���Ν�Ax��^�����}X���J�J,Q�tj�`��A��t%5��mL{��kЭ�����Ǩ����l���PA�Ql�a��}��H�=�k��(��\+�>/�2;�)@בܛ-��L�D�h\��4��fQ0���(st�I�0�he����.A��z�N'��G���N�@C��0G��1Q��i��| �Ny1�&���Z"�@���\s�&N8�f�[�0ݔCg�,�ܶ�y��&'Ӫ "! These three core statements … Cash Flow Analysis. A final area in which the new edition offers a sharpened focus involves Companies are as unique as people. Types of Comparisons . State the meaning of Analysis and Interpretation. Qf� �Ml��@DE�����H��b!(�`HPb0���dF�J|yy����ǽ��g�s��{��. 4 0 obj The financial analysis is done using the firm’s financial statements. 2 0 obj endobj Amtek Auto: Analysis of Financial Statements. Academia.edu is a platform for academics to share research papers. <>stream This sort of document adds balance sheets, cash flow, net income, and other asset capital details. Meaning. Basically, it is done to assess the financial status and performance of entity from the information contained in financial statement. Tabulate the trend ratios for analysis of trend over a period. Participants learn how to format financial statements for decision making, adjust for … <>/ExtGState<>/Font<>/ProcSet[/PDF/Text]>> Financial analysis is also critical in evaluating the relative stability of revenues and earnings, the levels of operating and financial risk, and the performance of management. The Financial Statements Three fi nancial statements are critical to fi nancial statement analysis: the balance sheet, the income statement, and the statement of cash fl ows. $E}k���yh�y�Rm��333��������:� }�=#�v����ʉe The balance sheet, which summarizes what a firm owns and owes at a point in time.! work for financial statements and the place of financial analysis techniques within the framework. application/pdf Financial statement analysis is the process of analyzing a company's financial statements for decision-making purposes. PREVIEW. To go further with the topic, the report needs a specific company to make progress (McMillan, 2010). External stakeholders use it to understand the overall … The financial statement in which accountants summarize and report asset value is the balance sheet. Key financial indicators for the past five years are provided in . . External stakeholders utilize it to understand the overall health of an organization as well as to assess financial performance and business value. Financial statement analysis studies and tries to gain an understanding of different financial and non-financial aspects of the company or the organisation. Free PDF download of NCERT Solutions for Class 12 Accountancy - Company Accounts and Analysis of Financial Statements solved by Expert Teachers as per NCERT CBSE Book guidelines. Tr end Analysis: It is a technique of studying the operational r esults and financial position over a series of years. Financial statement analysis is the process of examining a company’s financial statements for decision-making purposes. $O./� �'�z8�W�Gб� x�� 0Y驾A��@$/7z�� ���H��e��O���OҬT� �_��lN:K��"N����3"��$�F��/JP�rb�[䥟}�Q��d[��S��l1��x{��#b�G�\N��o�X3I���[ql2�� �$�8�x����t�r p��/8�p��C���f�q��.K�njm͠{r2�8��?�����. There are two types of cash flows. <> analysis of the paper, supported by the empirical results, shows how to exploit information in the balance sheet for forecasting and valuation. All Chapter wise Questions with Solutions to help you to revise complete Syllabus and Score More marks in … Financial statements are used as a management tool primarily by company executives and investor’s in assessing the overall position and operating results of the company. 6 0 obj Best to go read the final section of the financial statement analysis. endobj Analysis and interpretation of financial statements help in determining the liquidity position, endstream Recent financial events have taught us to take a more critical look at the financial disclosures provides by companies. In addition, we encourage analysts to consider the institutional context in which financial reporting … Prince 12.2 (www.princexml.com); modified using iTextSharp™ 5.5.12 ©2000-2017 iText Group NV (AGPL-version) A FULL financial statement contains two major parts: an income account and a balance sheet. work for financial statements and the place of financial analysis techniques within the framework. Section 1 outlines the financial statements analysis that identifies the two types of leverage and lays out expressions that tie leverage measures to profitability. financial statement analysis plays the same role in the decision-making process. ����H)�i��!�Tb2��"� ���J���4.�6�ÓP@ש%+�S�E2�ȴ�P{7=sW$N,Jp���b�E�5 �w�+,�B;���� nh,�:��R5��Ie�J�/j�/�"� yaѻp��g�f1T���cW]S���?9%�N ��N!F�%��핸5�\�h�?nHni��?��! Analysis and interpretation of financial statements are an attempt to determine the significance and meaning of the financial statement data so that a forecast may be made of the prospects for future … The purpose is to derive estimates and to make interpretations about these to assist in business and economic decision making. New Business Feature of financial analysis is to present the data contained in financial statements in (A) Easy form (B) Convenient and rational groups (C) Comparable form 3 0 obj }�IS��d�Պ��sϲ~�Rr�y)/\ ��縆12 Amtek Auto: Analysis of Financial Statements. To provide more meaningful information to enable the owners, investors, creditors or users of financial statements to evaluate the operational efficiency of the concern during the particular period. Cash flow analysis is based on the movement of cash and bank balances. �s�6F��d���Wɫ�\x��8�^; Amtek Auto: Analysis of Financial Statements. <> To understand the current state of financial affairs at Amtek Auto and the management outlook for the future, Rajesh examined excerpts from the “Director’s Report” and “Management Discussion and Analysis… It is a critical and systematic examination of the financial statement. �tq�X)I)B>==���� �ȉ��9. The issuers of financial statements also exert a strong influence over the creation of the financial principles, with powerful politi-cians sometimes carrying their water. This study is conducted taking the details from the financial … H��W�r��|gU�뽑N��`�%@Ɏ]qbU���)�6��PP���� C�����/��ŋ�ww����2:��Xn�����Ʌ��v�q����:�~K�Q��+NQ�����QS-uBy$��d�]^wN�ޑ��m�dvM�t��{'{���蜼�ټ��L#R�#1�>vN..HDy,��)"��FGW��y�y�Sy����tN�]�^.y��f��KR�d� �()$Q�q]��nN8�����-�K���ps|Dl�y�b��������]� ANALYSIS TOOLS HORIZONTAL (TREND) ANALYSIS evaluates a series of financial statement data over a period of time. These include statements of financial condition, shareholders’ equity reports, statements of cash flows and statements of profit and loss. It highlights the changes in the financial structure of the company. ANALYSIS TOOLS HORIZONTAL (TREND) ANALYSIS evaluates a series of financial statement data over a period of time. 2019-10-24T14:07:09-07:00 <>stream Basic Financial Statements! To understand financial statement analysis, it’s important to understand the underlying data that make up corporate accounting reports. Financial reporting refers to the document that specifies and releases the financial statement and other information to its stakeholders and other public. %���� Topic 1: Introduction to Financial Statements Analysis 1. By now, you have a good idea about analyzing financial statements. ��3�������R� `̊j��[�~ :� w���! <> h�LNKk�0��W��J��8��y�BZRC��ؿ���2����e߀qBص�����Bx�Y��O���N5X�6\G�/9���דc>�����Wx�χ���U���ʹq]��w��|-y#�l�������7z1��6���y�`q_�����4L���v�vl�NP_�������8�iYm�s��k}�ڧ����\�7� &�CT ������岨�R��b����+p��]^-�o��f]���Zί�������+l� Financial analysis means the analysis of the financial statement to reach up to the productive conclusion, which will help the investors and other stakeholders to maintain their relationship with the company, and there are various types that experts and analysts use to do a post-mortem of financial statements. Financial Accounting C.Mulford: Financial Statement Analysis: 2 Financial Statement Analysis The financial statements for BGS Technologies are provided below: BGS Technologies Income Statement … Based on their analysis from the financial statements, the investment analysts decide whether to recommend the stock of the Company to their clients or not. The process of estimating what a business is worth is a major component of financial analysis, and professionals in the industry spend a great deal of time building financial models Types of Financial Models The most common types of financial models include: 3 statement model, DCF model, M&A model, LBO model, budget model. CBSE Notes CBSE Notes Accountancy NCERT Solutions Accountancy. Companies are as … Section 3 provides a description of analytical tools and techniques. These three core statements … The analysis of financial statements, respectively the analysis of the financial reports are used by managers, shareholders, investors and all other interested parties regarding the company's state. uuid:477b68e0-c8d1-4244-a872-851d66209f21 For different users, in terms of the scale of its implementation, the analysis of financial statements depends on … 3 0 obj <>/Metadata 2 0 R/OCProperties<><><>]/ON[1253 0 R]/Order[]/RBGroups[]>>/OCGs[1253 0 R]>>/Outlines 5 0 R/Pages 4 0 R/StructTreeRoot 6 0 R/Type/Catalog>> endobj 1252 0 obj <>/Font<>>>/Fields 1257 0 R>> endobj 2 0 obj <>stream Statement … endstream endobj 5 0 obj <> endobj 4 0 obj <> endobj 6 0 obj <> endobj 45 0 obj <> endobj 46 0 obj <> endobj 1239 0 obj [154 0 R 85 0 R 86 0 R 155 0 R 87 0 R 158 0 R 159 0 R 88 0 R 88 0 R 160 0 R 88 0 R 88 0 R 161 0 R 89 0 R 162 0 R 89 0 R 163 0 R 164 0 R 90 0 R 165 0 R 90 0 R 90 0 R 166 0 R 90 0 R 90 0 R 167 0 R 90 0 R 90 0 R 168 0 R 91 0 R 91 0 R 169 0 R 92 0 R 92 0 R 170 0 R 92 0 R 92 0 R 171 0 R 93 0 R 172 0 R 93 0 R 93 0 R 173 0 R 174 0 R 94 0 R 94 0 R 175 0 R 176 0 R 96 0 R 96 0 R 177 0 R 97 0 R 178 0 R 97 0 R 97 0 R 179 0 R 97 0 R 97 0 R] endobj 158 0 obj <>5]/P 157 0 R/Pg 7 0 R/S/Link/Type/StructElem>> endobj 162 0 obj <>14]/P 89 0 R/Pg 7 0 R/S/Link/Type/StructElem>> endobj 163 0 obj <>16]/P 89 0 R/Pg 7 0 R/S/Link/Type/StructElem>> endobj 165 0 obj <>19]/P 90 0 R/Pg 7 0 R/S/Link/Type/StructElem>> endobj 172 0 obj <>/K[<>39]/P 93 0 R/Pg 7 0 R/S/Link/Type/StructElem>> endobj 178 0 obj <>/K[<>52]/P 97 0 R/Pg 7 0 R/S/Link/Type/StructElem>> endobj 1240 0 obj [98 0 R 99 0 R 99 0 R 99 0 R 99 0 R 99 0 R 100 0 R 101 0 R] endobj 101 0 obj <>/K[<>7]/P 45 0 R/Pg 8 0 R/S/Link/Type/StructElem>> endobj 1241 0 obj [102 0 R 103 0 R 103 0 R 180 0 R 103 0 R 103 0 R 181 0 R 103 0 R 103 0 R 103 0 R 103 0 R 103 0 R 182 0 R 103 0 R 103 0 R 104 0 R 105 0 R 106 0 R 186 0 R 187 0 R 188 0 R 189 0 R 189 0 R 190 0 R 191 0 R 191 0 R 108 0 R 109 0 R 109 0 R 192 0 R 109 0 R 193 0 R 109 0 R 109 0 R 194 0 R 109 0 R 195 0 R 109 0 R 110 0 R 110 0 R 110 0 R 110 0 R 110 0 R 110 0 R 110 0 R 110 0 R 111 0 R 196 0 R 111 0 R] endobj 1242 0 obj [111 0 R 111 0 R 111 0 R 111 0 R 111 0 R 111 0 R 111 0 R 111 0 R 111 0 R 197 0 R 111 0 R 111 0 R 111 0 R 112 0 R 113 0 R 113 0 R 113 0 R 113 0 R 113 0 R 113 0 R 198 0 R 113 0 R 199 0 R 113 0 R 113 0 R 113 0 R 200 0 R 113 0 R 209 0 R 210 0 R 213 0 R 214 0 R 217 0 R 218 0 R 221 0 R 222 0 R 225 0 R 226 0 R 229 0 R 230 0 R 115 0 R 231 0 R 115 0 R 232 0 R 115 0 R 116 0 R 233 0 R 116 0 R 116 0 R 234 0 R 116 0 R 116 0 R 235 0 R 116 0 R 116 0 R 116 0 R 117 0 R 118 0 R 236 0 R] endobj 1243 0 obj [118 0 R 119 0 R 119 0 R 119 0 R 119 0 R 237 0 R 119 0 R 238 0 R 119 0 R 239 0 R 119 0 R 119 0 R 119 0 R 119 0 R 119 0 R 119 0 R 241 0 R 119 0 R 120 0 R] endobj 241 0 obj <>/K[<>16]/P 240 0 R/Pg 11 0 R/S/Link/Type/StructElem>> endobj 1244 0 obj [121 0 R 242 0 R 122 0 R 123 0 R 123 0 R 123 0 R 123 0 R 123 0 R 123 0 R 123 0 R 123 0 R 243 0 R 123 0 R 123 0 R] endobj 1245 0 obj [124 0 R 125 0 R 125 0 R 125 0 R 125 0 R 125 0 R 125 0 R 125 0 R 244 0 R 125 0 R 126 0 R 245 0 R 126 0 R 126 0 R 246 0 R 126 0 R 126 0 R 126 0 R 126 0 R 126 0 R 126 0 R 247 0 R 126 0 R 127 0 R 127 0 R 127 0 R 127 0 R 127 0 R 127 0 R 128 0 R 129 0 R 129 0 R 250 0 R 129 0 R 129 0 R 251 0 R 129 0 R 291 0 R 294 0 R 300 0 R 303 0 R 306 0 R 309 0 R 312 0 R 320 0 R 322 0 R 324 0 R 326 0 R 328 0 R 335 0 R 337 0 R 339 0 R 341 0 R 343 0 R] endobj 250 0 obj <>/K[<>32]/P 248 0 R/Pg 13 0 R/S/Link/Type/StructElem>> endobj 251 0 obj <>/K[<>35]/P 249 0 R/Pg 13 0 R/S/Link/Type/StructElem>> endobj 1246 0 obj [349 0 R 350 0 R 351 0 R 352 0 R 353 0 R 359 0 R 360 0 R 361 0 R 362 0 R 363 0 R 370 0 R 372 0 R 374 0 R 376 0 R 378 0 R 386 0 R 389 0 R 392 0 R 395 0 R 398 0 R 405 0 R 408 0 R 411 0 R 414 0 R 417 0 R 423 0 R 424 0 R 425 0 R 426 0 R 427 0 R 433 0 R 434 0 R 435 0 R 436 0 R 437 0 R 443 0 R 444 0 R 445 0 R 446 0 R 447 0 R 453 0 R 454 0 R 455 0 R 456 0 R 457 0 R 464 0 R 466 0 R 468 0 R 470 0 R 472 0 R 480 0 R 483 0 R 486 0 R 489 0 R 492 0 R 499 0 R 501 0 R 503 0 R 505 0 R 507 0 R 513 0 R 514 0 R 515 0 R 516 0 R 517 0 R 523 0 R 524 0 R 525 0 R 526 0 R 527 0 R 533 0 R 534 0 R 535 0 R 536 0 R 537 0 R] endobj 1247 0 obj [544 0 R 545 0 R 546 0 R 547 0 R 548 0 R 554 0 R 555 0 R 556 0 R 557 0 R 558 0 R 565 0 R 567 0 R 569 0 R 571 0 R 573 0 R 581 0 R 584 0 R 587 0 R 590 0 R 593 0 R 600 0 R 602 0 R 604 0 R 606 0 R 608 0 R 615 0 R 617 0 R 619 0 R 621 0 R 623 0 R 629 0 R 630 0 R 631 0 R 632 0 R 633 0 R 639 0 R 640 0 R 641 0 R 642 0 R 643 0 R 649 0 R 650 0 R 651 0 R 652 0 R 653 0 R 661 0 R 662 0 R 663 0 R 664 0 R 665 0 R 672 0 R 673 0 R 674 0 R 675 0 R 676 0 R 682 0 R 683 0 R 684 0 R 685 0 R 686 0 R 692 0 R 693 0 R 694 0 R 695 0 R 696 0 R 702 0 R 703 0 R 704 0 R 705 0 R 706 0 R 712 0 R 713 0 R 714 0 R 715 0 R 716 0 R] endobj 1248 0 obj [722 0 R 723 0 R 724 0 R 725 0 R 726 0 R 732 0 R 733 0 R 734 0 R 735 0 R 736 0 R 743 0 R 745 0 R 747 0 R 749 0 R 751 0 R 758 0 R 760 0 R 762 0 R 764 0 R 766 0 R 767 0 R 131 0 R 793 0 R 796 0 R 802 0 R 804 0 R 806 0 R 808 0 R 810 0 R 818 0 R 820 0 R 820 0 R 822 0 R 822 0 R 824 0 R 824 0 R 826 0 R 826 0 R 833 0 R 836 0 R 839 0 R 841 0 R 844 0 R 850 0 R 851 0 R 852 0 R 853 0 R 854 0 R 860 0 R 861 0 R 862 0 R 863 0 R 864 0 R 871 0 R 873 0 R 875 0 R 877 0 R 879 0 R 886 0 R 888 0 R 890 0 R 892 0 R 894 0 R 900 0 R 901 0 R 902 0 R 903 0 R 904 0 R] endobj 1249 0 obj [910 0 R 911 0 R 912 0 R 913 0 R 914 0 R 920 0 R 920 0 R 921 0 R 922 0 R 923 0 R 924 0 R 930 0 R 931 0 R 932 0 R 933 0 R 934 0 R 940 0 R 941 0 R 942 0 R 943 0 R 944 0 R 950 0 R 951 0 R 952 0 R 953 0 R 954 0 R 960 0 R 961 0 R 962 0 R 963 0 R 964 0 R 971 0 R 973 0 R 975 0 R 977 0 R 979 0 R 987 0 R 990 0 R 993 0 R 996 0 R 999 0 R 1006 0 R 1008 0 R 1010 0 R 1012 0 R 1014 0 R 1022 0 R 1025 0 R 1028 0 R 1031 0 R 1034 0 R 1040 0 R 1041 0 R 1042 0 R 1043 0 R 1044 0 R 1051 0 R 1052 0 R 1053 0 R 1054 0 R 1055 0 R 1062 0 R 1064 0 R 1066 0 R 1068 0 R 1070 0 R 1076 0 R 1077 0 R 1078 0 R 1079 0 R 1080 0 R] endobj 1250 0 obj [1087 0 R 1089 0 R 1091 0 R 1093 0 R 1095 0 R 1096 0 R 133 0 R 134 0 R 134 0 R 134 0 R 1103 0 R 1104 0 R 1105 0 R 1106 0 R 1107 0 R 1108 0 R 1109 0 R 1110 0 R 1111 0 R 1112 0 R 1113 0 R 1114 0 R 136 0 R 136 0 R 136 0 R 136 0 R 136 0 R 136 0 R 136 0 R 1115 0 R 136 0 R 137 0 R 1123 0 R 1124 0 R 1127 0 R 1128 0 R 1128 0 R 1131 0 R 1132 0 R 1133 0 R 1132 0 R 1132 0 R 1136 0 R 1137 0 R 1140 0 R 1141 0 R 1142 0 R 1141 0 R 1141 0 R 139 0 R 1151 0 R 1150 0 R 1152 0 R 140 0 R 140 0 R 1144 0 R 140 0 R 1145 0 R 140 0 R 1146 0 R 1146 0 R 140 0 R 1147 0 R 140 0 R 1148 0 R 140 0 R 1149 0 R 140 0 R 1162 0 R 1161 0 R 1163 0 R 141 0 R 1165 0 R 1164 0 R 1166 0 R 141 0 R 141 0 R 1155 0 R 141 0 R 1156 0 R 141 0 R 1157 0 R 1157 0 R 141 0 R 1158 0 R 141 0 R 1159 0 R 141 0 R 1160 0 R 141 0 R 1175 0 R 1174 0 R 1176 0 R 142 0 R 142 0 R 1168 0 R 142 0 R 1169 0 R 142 0 R 1170 0 R 1177 0 R 1170 0 R 142 0 R 1171 0 R 142 0 R 1172 0 R 142 0 R 1173 0 R 142 0 R 1187 0 R 1186 0 R 1188 0 R 143 0 R 1190 0 R 1189 0 R 1191 0 R 143 0 R 143 0 R 1180 0 R 143 0 R 1181 0 R 143 0 R 1182 0 R 1182 0 R 143 0 R 1183 0 R 143 0 R 1184 0 R 143 0 R 1185 0 R 143 0 R] endobj 1251 0 obj [144 0 R 1192 0 R 145 0 R 1193 0 R 145 0 R 1194 0 R 145 0 R 1195 0 R 1196 0 R 1195 0 R 1197 0 R 146 0 R 1198 0 R 146 0 R 1199 0 R 146 0 R 1200 0 R 1200 0 R 1206 0 R 1205 0 R 1207 0 R 147 0 R 1202 0 R 147 0 R 1203 0 R 147 0 R 1204 0 R 1208 0 R 148 0 R 1209 0 R 148 0 R 1210 0 R 1211 0 R 1210 0 R 1212 0 R 149 0 R 149 0 R 1213 0 R 149 0 R 1214 0 R 149 0 R 1215 0 R 1215 0 R 1222 0 R 1221 0 R 1223 0 R 150 0 R 150 0 R 1217 0 R 150 0 R 1218 0 R 150 0 R 1219 0 R 1219 0 R 150 0 R 1220 0 R 1220 0 R 1230 0 R 1229 0 R 1231 0 R 151 0 R 1233 0 R 1232 0 R 1234 0 R 151 0 R 151 0 R 1226 0 R 151 0 R 1227 0 R 1235 0 R 151 0 R 1228 0 R 1228 0 R 1236 0 R 152 0 R 1237 0 R 152 0 R 1238 0 R 1238 0 R 153 0 R] endobj 1195 0 obj <>/K[<><>7 1196 0 R 9]/P 145 0 R/Pg 19 0 R/S/Link/Type/StructElem>> endobj 1200 0 obj <>/K[<><>16 17]/P 146 0 R/Pg 19 0 R/S/Link/Type/StructElem>> endobj 1204 0 obj <>/K[<>26]/P 147 0 R/Pg 19 0 R/S/Link/Type/StructElem>> endobj 1210 0 obj <>/K[<><>31 1211 0 R 33]/P 148 0 R/Pg 19 0 R/S/Link/Type/StructElem>> endobj 1215 0 obj <>/K[<><>41 42]/P 149 0 R/Pg 19 0 R/S/Link/Type/StructElem>> endobj 1220 0 obj <>/K[<><>55 56]/P 150 0 R/Pg 19 0 R/S/Link/Type/StructElem>> endobj 1228 0 obj <>/K[<><>71 72]/P 151 0 R/Pg 19 0 R/S/Link/Type/StructElem>> endobj 1238 0 obj <>/K[<><>77 78]/P 152 0 R/Pg 19 0 R/S/Link/Type/StructElem>> endobj 153 0 obj <>/K[<>79]/P 45 0 R/Pg 19 0 R/S/Link/Type/StructElem>> endobj 19 0 obj <>/MediaBox[0 0 612 792]/Parent 4 0 R/Resources<>/ExtGState<>/Font<>/ProcSet[/PDF/Text/ImageC]/XObject<>>>/StructParents 22/Tabs/S/Type/Page>> endobj 43 0 obj [65 0 R 66 0 R 67 0 R 68 0 R 69 0 R 70 0 R 71 0 R 72 0 R 73 0 R 74 0 R 75 0 R 76 0 R 77 0 R 78 0 R 79 0 R 80 0 R] endobj 1258 0 obj <>stream