Great Deal! Get Instant $10 FREE in Account on First Order + 10% Cashback on Every Order Order Now

Assessment 1 Individual Analysis Project Due: Week 6 Weighting: 20% Type: Practical Exercise Learning Outcomes: a. Explain the importance and functions of business valuation and financial statement...

1 answer below »
Assessment 1
Individual Analysis Project
Due:    Week 6
Weighting:    20%
Type:    Practical Exercise
Learning Outcomes:
a. Explain the importance and functions of business valuation and financial statement analysis
. Identify and discuss key components of various types of valuations and financial statement
c. Identify and use appropriate tools and techniques to analyse company performance
d. Explain the limitations of financial statements and company information
Description:
The assignment will require you to progressively analyses a company using the strategic, accounting, financial and prospective analysis tools identified in the course .
The BAV project is aimed at developing your understanding of, and practical skills in financial statement analysis and valuation. It is also designed to enhance analytical and communication skills. Upon successful completion of the project you will have acquired a working knowledge and practical skills in undertaking an equity valuation using ‘leading-edge’ financial statement analysis techniques. From past experience, the final report often provides excellent evidence of your analytical skills that can presented to prospective employers when applying for jobs.
The submission will be online and in the form of a written report.
Details:
To complete this project, you are required to:
1. Get approval of the company, from your lecturer, on which you want to progressively analyse
2. Conduct analysis using the strategic, accounting, financial and prospective analysis tools identified in the unit.
3. Prepare a Business Valuation Analysis Report for the client/company
Assessment Brief
ASSESSMENT BRIEF BVF204 T2 2020
Format of the Report
You at least should have the following details:
a. Assignment Cover page clearly stating your name and student ID Numbe
. A table of contents, executive summary
c. A
ief introduction or overview of what the report is about.
d. Body of the report with following sections and with appropriate section headings
1. Strategy Analysis
2. Accounting Analysis
3. Financial Analysis
4. Conclusion
5. List of references
6. Exhibits
e. Conclusion
f. List of references.
g. Diagrams and tables clearly labelled and explained.
h. Ensure all materials are co
ectly referenced.
Plagiarism will be severely penalised.
MARKING SCHEME FOR REPORT:
    Contents of the report
    Excellent 8-10
    Good 6-7
    Average 5
    Not adequate 3-4
    Poor 0-2
    1. Format of the Report
a) Assignment Cover page clearly stating your name and student numbe
) A table of contents, executive summary
c) A
ief introduction or overview of what the report is about.
d) Section headings
e) Conclusion
f) List of references
    
    
    
    
    
    Comments:
5%
    2. Strategy Analysis
a) Industry analysis: five forces or alternative approach: industry profitability
) Competitive strategy: price leader, differentiation, total customer satisfaction, system lock in, or othe
c) Corporate strategy analysis: how well the business segments support each othe
    
    
    
    
    
    Comments:
30%
    3. Accounting Analysis
a) Key success and risk factors: which accounting lines capture them?
) Accounting flexibilities of 2a: accounting policies and estimates used by the firm
c) Do you agree with the policies and estimates in 2b, justify
d) Is accounting strategy hiding or revealing
e) Red Flags
f) Undo what managers did
    
    
    
    
    
    
    
    
    
    
    
    
    Comments:
20%
    4) Financial Ratio Analysis
i) Growth    and    profitability:    the    big picture
ii) Operation
iii) Investment
iv) Finance
v) Dividend policy
vi) Other ratios
    
    
    
    
    
    Comments:
30%
    6) Conclusion:
proposed action and its justification
    
    
    
    
    
    Comments:
10%
    7) List of references
8) Exhibits: BAV printouts and others
    
    
    
    
    
    Comments:
5 %
    
Overall Comments XXXXXXXXXXTOTAL
100%
    TOTAL    /20
–––––
Answered Same Day Jun 23, 2021

Solution

Tanmoy answered on Jun 26 2021
157 Votes
AGL Ltd. Business Valuation Analysis Report
                        Presented by: Arshdeep Singh
                        Student ID:
Table of Content
Executive Summary…………………………………………………………Pg 1
Introduction…………………………………………………………………Pg 2
Strategic Analysis……………………………………………………………Pg 3 to 6
i. Industry Analysis………………………………………………...
ii. Competitive Strategy…………………………………………….
iii. Corporate Strategy Analysis……………………………………..
Accounting Analysis…………………………………………………………Pg 6 to 9
i. Key success and risk factors……………………………………..
ii. Accounting policies………………………………………………
iii. Do you agree with competitive strategy…………………………
iv. Is Accounting strategy hiding or revealing………………………
v. Red Flags…………………………………………………………
vi. Undo what managers did…………………………………………
Financial Analysis…………………………………………………………....Pg 9 to 10
i. Growth & profitability
ii. Operations
iii. Investments
iv. Finance
v. Dividend Policy
Conclusion…………………………………………………………………….Pg 11
References……………………………………………………………………..Pg 12
Appendix………………………………………………………………………Pg 13
Executive Summary
This report is a Business Valuation Analysis report for AGL Ltd. In this report we will analyse the various strategic, accounting, financial and prospective decision made by the management of AGL Ltd. to enhance the growth of the organization. We will also discuss the segments in which company is not doing well and the competition it faces in Australian Electricity Market. Thus a rough idea of AGL Ltd. in comparison to the Australian Electricity industry will help to judge the performance of AGL in the Australian power sector.
Introduction
AGL is one of the top ranked energy distribution companies in Australia. It is the oldest and the leading energy generation company operating for more than 180 years. In Australia, they contribute around 10413 megawatt of electricity which is almost 20% of the total electricity capacity generated across the national electricity market in Australia. AGL is a leader in electricity as well as gas generation with more than 3.7 million customers. While the number of customers AGL was able to supply electricity was 2.3 millions, the gas customers were 1.4 millions. AGL supplies its electricity and gas to residents, small and large business houses and to the wholesale customers all over Australia. The main business strategy of AGL is focused on three business priorities which are: Growth, Transformation and Social License. Through the growth strategy it looks for new investment opportunities like replacing its declining thermal electricity generation with other renewal sources of energy to satisfy the ever increasing energy demands of the customers. With its transformation strategy, it tries to focus on adapting to digital technology due to changing customer preferences. AGL has invested $141 million as capital expenditure for digital transformation in the FY 2019. Finally, the social license strategy focuses on building the level of trusts of electricity companies within the large institutions. As of 2019, there are a total of 3750 employees of which 3586 are full time employees in AGL Ltd. In 2019, AGL has earned a net profit of $1040 million which is around 2.16% more than the previous year.
Strategic Analysis
Industry Analysis
Australia’s energy generation is dependent more on traditional energy sources like fossil fuels. Almost 83% of the energy is generated through these fuels of which 73% is coal and the rest 13% is natural gas. These fossil fuels are used to generate electricity, charging vehicles and heat generation. Australia’s use of renewable energy for electricity mix is 14%. Appendix 1.1 shows the fuels used for generation of electricity across Australia. The corporate profitability of Australia has rose by 1.1% during the first three quarters of 2020 to AUD$95.03 billion. Of this the Australian electricity, water, waste and gas services market grew by 6.4% in the first three quarters of 2020 over 2.8% achieved during the previous year same period. This can be explained further through porters five forces model. (1) Threats of New Entrants: The cost of production for the new entrants is costlier and makes it difficult for the new entrants to achieve the economies of scale. (2) Bargaining power of suppliers: The numbers of supplier in the electricity market are limited and supplies product with less control over its price. This make difficult for the new entrants to have a price differentiation and a reduced switching cost. (3) Bargaining power of buyers: The number of players producing electricity at lower prices is very few. Hence, large numbers of buyers are dependent on those few players who have monopoly in this business. (4) Threat of substitute products or services: The substitute although available in the electricity generation sector charges high prices for delivery of quality services. Hence, consumers prefer electricity at low prices with moderate quality. Therefore, the threat from substitute in this segment is...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here