Analysis of Itc Annual Report
TABLE OF CONTENT
OBJECTIVE 6
INRODUCTION 7
ACCOUNTING POLICIES 7
MANAGEMENT DISCUSSION AND ANALYSIS 11
DIRECTOR’S REPORT 12
BALANCE SHEET 13
PROFIT AND LOSS ACCOUNT 14
RATIO ANALYSIS 15
Liquidity ratio 15
Leverage Ratios 15
Turnover RATIO 16
Equity-related Ratios 19
Investment-related Ratios 20
Return on Equity (ROE) 21
BIBLOGRAPHY 22
OBJECTIVE
• To study the financial statement of ITC ltd.
• To analyze the financial statement of company by trend analysis and ratio analysis.
• Learn new terms from the study of annual report
INRODUCTION
I.T.C. Limited (ITC). The Group's principal activities are to manufacture cigarettes and tobaccos. The Group operates through five business segments: Cigarettes, Hotels, Paperboards, Paper and Packing, Agri Business and Others. The Group is into Lifestyle retailing business, garments, greeting, gift and stationery, packaged foods and export of Indian agri-commodities. The Group provides a range of branded packaged and convenience food for its customers with its operations all over India. The brand names are India Kings, Wills, Gold Flake, Checkers, Hi-Val, Wills Sport, Expressions.
ACCOUNTING POLICIES
To prepare financial statements in accordance with the historical cost convention modified by revaluation of certain Fixed Assets as and when undertaken as detailed below.
Fixed Assets
To state Fixed Assets at cost of acquisition inclusive of inward freight, duties and taxes and incidental expenses related to acquisition. In respect of major projects involving construction, related pre-operational expenses form part of the value of assets capitalized. Expenses capitalized also include applicable borrowing costs.
To capitalize software where it is expected to provide future enduring economic benefits. Capitalization costs include license fees and costs of implementation/system integration services. The costs are capitalized in the year in which the relevant software is implemented for use.
To charge
OBJECTIVE 6
INRODUCTION 7
ACCOUNTING POLICIES 7
MANAGEMENT DISCUSSION AND ANALYSIS 11
DIRECTOR’S REPORT 12
BALANCE SHEET 13
PROFIT AND LOSS ACCOUNT 14
RATIO ANALYSIS 15
Liquidity ratio 15
Leverage Ratios 15
Turnover RATIO 16
Equity-related Ratios 19
Investment-related Ratios 20
Return on Equity (ROE) 21
BIBLOGRAPHY 22
OBJECTIVE
• To study the financial statement of ITC ltd.
• To analyze the financial statement of company by trend analysis and ratio analysis.
• Learn new terms from the study of annual report
INRODUCTION
I.T.C. Limited (ITC). The Group's principal activities are to manufacture cigarettes and tobaccos. The Group operates through five business segments: Cigarettes, Hotels, Paperboards, Paper and Packing, Agri Business and Others. The Group is into Lifestyle retailing business, garments, greeting, gift and stationery, packaged foods and export of Indian agri-commodities. The Group provides a range of branded packaged and convenience food for its customers with its operations all over India. The brand names are India Kings, Wills, Gold Flake, Checkers, Hi-Val, Wills Sport, Expressions.
ACCOUNTING POLICIES
To prepare financial statements in accordance with the historical cost convention modified by revaluation of certain Fixed Assets as and when undertaken as detailed below.
Fixed Assets
To state Fixed Assets at cost of acquisition inclusive of inward freight, duties and taxes and incidental expenses related to acquisition. In respect of major projects involving construction, related pre-operational expenses form part of the value of assets capitalized. Expenses capitalized also include applicable borrowing costs.
To capitalize software where it is expected to provide future enduring economic benefits. Capitalization costs include license fees and costs of implementation/system integration services. The costs are capitalized in the year in which the relevant software is implemented for use.
To charge