Term Paper Dlmba Afm
The Warwick MBA
Assignment Cover Sheet
Submitted by: 1168212
Date Sent: 6th December, 2012
Module Title: Accounting and Financial Management
Module Code: IB8010
Date/Year of Module: July 2012
Submission Deadline: 11:00 AM 6th December, 2012.
Word Count:1688
Number of Pages:13
Question: [Question Number and Title, or Description of Project]
“This is to certify that the work I am submitting is my own. All external references and sources are clearly acknowledged and identified within the contents. I am aware of the University of Warwick regulation concerning plagiarism and collusion.
No substantial part(s) of the work submitted here has also been submitted by me in other assessments for accredited courses of study, and I acknowledge that if this has been done an appropriate reduction in the mark I might otherwise have received will be made.”
Kesko Corporation: A performance and acquisition Analysis report.
To: The Director of Strategy From: Strategic Action Analyst
Executive Summary
Kesko Corporation is a big player in Finland with ambitious plans outside the Eurozone. Even though the year 2011 has not been a good year, they look stable enough to weather the storm. Ahold NV is in a very good position for a take-over – we’ve had a better performance compared to them. However, if the bad performance has been a trend for the last couple of years, then another company may be a better option for a take-over.
Introduction
This report is carried out using CORE concept to analyze Kesko Corporation as a potential takeover target. · C-Context; the environment that Sainsbury operate in. Looking at both the external and internal environments. · O-Overview of the business, looking at the bigger picture of its balance sheet and income statements based on Sainsbury annual report 2011. · R-Ratios; This analysis uses accounting ratios such Performance, working capital, liquidity/solvency and shareholders. · E-Evaluation/Conclusion. The
Assignment Cover Sheet
Submitted by: 1168212
Date Sent: 6th December, 2012
Module Title: Accounting and Financial Management
Module Code: IB8010
Date/Year of Module: July 2012
Submission Deadline: 11:00 AM 6th December, 2012.
Word Count:1688
Number of Pages:13
Question: [Question Number and Title, or Description of Project]
“This is to certify that the work I am submitting is my own. All external references and sources are clearly acknowledged and identified within the contents. I am aware of the University of Warwick regulation concerning plagiarism and collusion.
No substantial part(s) of the work submitted here has also been submitted by me in other assessments for accredited courses of study, and I acknowledge that if this has been done an appropriate reduction in the mark I might otherwise have received will be made.”
Kesko Corporation: A performance and acquisition Analysis report.
To: The Director of Strategy From: Strategic Action Analyst
Executive Summary
Kesko Corporation is a big player in Finland with ambitious plans outside the Eurozone. Even though the year 2011 has not been a good year, they look stable enough to weather the storm. Ahold NV is in a very good position for a take-over – we’ve had a better performance compared to them. However, if the bad performance has been a trend for the last couple of years, then another company may be a better option for a take-over.
Introduction
This report is carried out using CORE concept to analyze Kesko Corporation as a potential takeover target. · C-Context; the environment that Sainsbury operate in. Looking at both the external and internal environments. · O-Overview of the business, looking at the bigger picture of its balance sheet and income statements based on Sainsbury annual report 2011. · R-Ratios; This analysis uses accounting ratios such Performance, working capital, liquidity/solvency and shareholders. · E-Evaluation/Conclusion. The
References: Atrill and McLaney, 2011 Accounting and Finance for Non-Specialist. Prentice Hall, England Warwick Business School Jul, 2012 Lesson 7,8,9, Accounting and Financial Management.