The document provides information on the board of directors, management, and sponsors of Nestle Pakistan Ltd. The board comprises an executive chairman, CEO, and executive and non-executive directors who meet 4 times a year. The board delegates day-to-day operations to the managing director but is legally responsible. Management is highly responsible and accountable. Nestle Pakistan is a subsidiary of Swiss-based Nestle S.A. and is a leading food and beverage company in Pakistan.
The presentation highlights the important compensation policies of Nestle. It will help the viewers to understand the compensation management and distribution procedure.
This document provides a financial statement analysis of Nestle India Ltd for the years 2011-2015. It includes:
1) An analysis of Nestle's balance sheet, income statement, and cash flow statement over the 5-year period through ratio calculations and common size analyses. Key findings include declining total asset growth but increasing current assets, and liabilities and equity growing steadily.
2) An examination of income statement items like revenues, costs, expenses, EBITA, income tax, and net income which generally increased until 2014 and then declined in 2015.
3) A review of cash flow statement ratios showing a decrease in net cash from operating activities but large decreases in net cash used for investing activities.
The document summarizes Nestle's human resources policy. It covers topics such as shared responsibility in dealing with people, recruitment and joining Nestle, employment terms, work-life balance, remuneration, professional development, and industrial relations. The policy aims to attract and retain high-quality employees who align with Nestle's values and ensure a respectful, safe, and discrimination-free work environment.
Nestle Pakistan is a subsidiary of Swiss company Nestle SA, operating in Pakistan since 1988. It has four production facilities in Pakistan and collects milk from over 190,000 farmers. The company aims to be the leading nutrition, health and wellness company in Pakistan through products like dairy, coffee, water and other foods. Financial statements from 2008-2012 show increasing sales, profits, assets and liabilities.
Working Capital Analysis on PRAN-RFL Company [Financial Management] Masud Kamrul
Working capital refers to the funds used by a company for its day-to-day business operations. There are two types of working capital - gross working capital, which includes all current assets, and net working capital, which is current assets minus current liabilities. Working capital is needed to purchase raw materials, pay wages and expenses, provide customer credit, and maintain inventory levels. The document analyzes the working capital of PRAN-RFL Company over several years and finds its net working capital ratio has remained stable at around 173%, indicating the company maintains sufficient current assets to cover its current liabilities.
This document provides an overview of the human resource policies and procedures at Dasra, a leading strategic philanthropy foundation in India. Key points include:
- Dasra's vision is to accelerate social change in India by bringing together philanthropists, social entrepreneurs, knowledge, funding and people.
- The recruitment process includes screening, interviews, reference checks, and an offer letter. New hires go through a two-day induction program.
- Terms of employment include a three-month probationary period, contractual terms, compensation, health insurance, reimbursements, deductions, transfers, resignations, dismissals and final settlements.
- Other policies cover vacation time, leaves, insurance coverage and termination of employment
Nestle Pakistan Ltd is a leading food and beverage company in Pakistan and subsidiary of Swiss-based Nestle S.A. An analysis of Nestle's financial performance from 2013-2015 found that the company is more efficient and profitable in 2015 compared to 2014. Ratios show improved activity, liquidity, solvency, profitability, returns and cash flows in 2015. Both horizontal and vertical common-size analyses indicate Nestle is increasing equity investment, long-term financing and cash balances while reducing costs of goods sold and increasing sales and assets. The DuPont analysis finds the company more efficiently uses assets, manages costs and resources to generate higher profits and returns in 2015.
This document summarizes the services provided by CFO Bridge, an organization that offers CFO and finance services. Some key points:
- CFO Bridge has over 300 years of combined CFO experience and has served over 220 clients across India.
- They offer a range of finance services including systems implementation, accounting, compliance, financial reporting and analysis, fundraising support, and temporary or ongoing CFO services.
- Case studies highlight how they have helped clients with issues like profitability improvement, performance management, due diligence for fundraising, and setting up finance functions for new companies.
- Testimonials from clients praise their professionalism and ability to effectively step in and enhance finance capabilities for growing organizations.
The presentation highlights the important compensation policies of Nestle. It will help the viewers to understand the compensation management and distribution procedure.
This document provides a financial statement analysis of Nestle India Ltd for the years 2011-2015. It includes:
1) An analysis of Nestle's balance sheet, income statement, and cash flow statement over the 5-year period through ratio calculations and common size analyses. Key findings include declining total asset growth but increasing current assets, and liabilities and equity growing steadily.
2) An examination of income statement items like revenues, costs, expenses, EBITA, income tax, and net income which generally increased until 2014 and then declined in 2015.
3) A review of cash flow statement ratios showing a decrease in net cash from operating activities but large decreases in net cash used for investing activities.
The document summarizes Nestle's human resources policy. It covers topics such as shared responsibility in dealing with people, recruitment and joining Nestle, employment terms, work-life balance, remuneration, professional development, and industrial relations. The policy aims to attract and retain high-quality employees who align with Nestle's values and ensure a respectful, safe, and discrimination-free work environment.
Nestle Pakistan is a subsidiary of Swiss company Nestle SA, operating in Pakistan since 1988. It has four production facilities in Pakistan and collects milk from over 190,000 farmers. The company aims to be the leading nutrition, health and wellness company in Pakistan through products like dairy, coffee, water and other foods. Financial statements from 2008-2012 show increasing sales, profits, assets and liabilities.
Working Capital Analysis on PRAN-RFL Company [Financial Management] Masud Kamrul
Working capital refers to the funds used by a company for its day-to-day business operations. There are two types of working capital - gross working capital, which includes all current assets, and net working capital, which is current assets minus current liabilities. Working capital is needed to purchase raw materials, pay wages and expenses, provide customer credit, and maintain inventory levels. The document analyzes the working capital of PRAN-RFL Company over several years and finds its net working capital ratio has remained stable at around 173%, indicating the company maintains sufficient current assets to cover its current liabilities.
This document provides an overview of the human resource policies and procedures at Dasra, a leading strategic philanthropy foundation in India. Key points include:
- Dasra's vision is to accelerate social change in India by bringing together philanthropists, social entrepreneurs, knowledge, funding and people.
- The recruitment process includes screening, interviews, reference checks, and an offer letter. New hires go through a two-day induction program.
- Terms of employment include a three-month probationary period, contractual terms, compensation, health insurance, reimbursements, deductions, transfers, resignations, dismissals and final settlements.
- Other policies cover vacation time, leaves, insurance coverage and termination of employment
Nestle Pakistan Ltd is a leading food and beverage company in Pakistan and subsidiary of Swiss-based Nestle S.A. An analysis of Nestle's financial performance from 2013-2015 found that the company is more efficient and profitable in 2015 compared to 2014. Ratios show improved activity, liquidity, solvency, profitability, returns and cash flows in 2015. Both horizontal and vertical common-size analyses indicate Nestle is increasing equity investment, long-term financing and cash balances while reducing costs of goods sold and increasing sales and assets. The DuPont analysis finds the company more efficiently uses assets, manages costs and resources to generate higher profits and returns in 2015.
This document summarizes the services provided by CFO Bridge, an organization that offers CFO and finance services. Some key points:
- CFO Bridge has over 300 years of combined CFO experience and has served over 220 clients across India.
- They offer a range of finance services including systems implementation, accounting, compliance, financial reporting and analysis, fundraising support, and temporary or ongoing CFO services.
- Case studies highlight how they have helped clients with issues like profitability improvement, performance management, due diligence for fundraising, and setting up finance functions for new companies.
- Testimonials from clients praise their professionalism and ability to effectively step in and enhance finance capabilities for growing organizations.
We, at “Neusource Process Outsource Private Limited”, a fastest growing Accounting & Business Consulting firm in India, carrying the single mission of corporate growth by consulting, coaching, training & supporting etc., by all means to the businesses & men working in those businesses, firmly believe that human resource is the single most precious asset of any organization. We continuously endeavor to keep the manpower motivated through various interventions for higher levels of quality and productivity.
We are committed to continual improvement and excellence in all our HR interventions through:
Strengthening a learning culture by effective training and development, total employee involvement, achieving high performance standards through performance management system and adherence to ethical values.
Providing avenues for growth and development by aptitude and need based cross functional mobility of employees to harness their full potential. Ensuring growth of each employee in the organization through a carefully worked out career advancement scheme. Implementing redeployment strategy for manpower optimization.
Developing and nurturing an organizational climate which encourages creativity and innovation.
Inducting appropriate quality of manpower and retaining them.
Making proactive efforts to maintain cordial relations and discipline among the whole team through a system of periodic interaction with employee collectives.
Laying down of all the employee related policies properly and following these transparently
The document discusses compensation management at Shanta Garments Limited, a garment manufacturer in Bangladesh. It provides an overview of the company's compensation policies, including incentives based on performance, provident funds, and benefits like sick leave and maternity leave. Interviews with HR managers found the compensation system aims to reduce turnover but lacks fairness. While incentives and benefits were strengths, weaknesses included a lack of negotiation, centralized power, and poor communication. Recommendations included emphasizing mid-level managers, improving disability coverage, and ensuring equal treatment and communication.
Anil Kumar Mehta has over 25 years of experience as a CFO, currently serving as the CFO of L&T-MHPS Boilers Private Limited. He has received several national awards for his financial leadership and management. Prior to his current role, he held CFO positions at large companies like Dhamra Port Company Limited and L&T-Case Equipment Private Limited, where he played a key role in transforming businesses, optimizing costs and revenues, and facilitating major transactions. He has a strong track record of managing finance, accounting, risk and compliance.
The role of the board of directors in corporate governance and policy makingClaro Ganac
The document discusses corporate governance practices of boards of directors in the Philippines. It begins by outlining the legal frameworks and responsibilities of boards, including formulating strategy, oversight, and fiduciary duty. It then evaluates the governance structures and processes of several large Philippine companies. PLDT, Ayala, and BDO are highlighted as exceeding compliance standards by advocating ethics and transparency to employees and stakeholders. While other firms meet basic regulatory requirements, they are weaker in disseminating policies and consulting stakeholders on decisions. Overall, the document analyzes how boards shape policy and assesses real-world examples of corporate governance implementation.
The document is an HR policy manual for Tameer Microfinance Bank. It contains policies and procedures related to various HR functions such as employee classification, compensation and benefits, code of conduct, organizational development, and HR operations. The manual provides guidance for implementing consistent HR practices across the organization.
Working capital management is very fundamental to
the liquidity and profitability of any organization and
the two variables are vital in evaluating the
performance and ultimately deciding the survival of any
organisation. This study presents an empirical investigation of
the relationship between working capital management and
profitability using Nestle Nigeria Plc and Cadbury Nigeria Plc as case studies. The study used correlation and regression analysis to analyze data. Quick ratio was used to measure liquidity, current ratio, trade receivable collection and trade payables payment periods were used as efficiency variables to capture the working capital management policy adopted by these companies
while return on equity was used as the profitability variable.
Liquidity and efficiency variables were correlated against return on equity. The study found a negative relationship between the liquidity, two of the efficiency ratios and return on equity for Nestle Nigeria Plc while it found a positive relationship between the liquidity, efficiency ratios and return on equity of Cadbury Nigeria Plc. To enhance profitable short-term investments, the study recommends that companies should manage their working capital efficiently by upgrading the quality of their assets while
obsolete inventories should be written off.
Searle Pakistan Limited (SPL) was incorporated in 1965 in Pakistan as a private limited company. It acquired a manufacturing facility in 1966. The company's vision is to improve quality of human life through new research products. Its mission is to provide customers with quality healthcare and consumer products while evolving with changing markets. The document includes ratio analyses of SPL from 2007-2008 compared to industry averages, covering current ratio, quick ratio, accounts receivable turnover, inventory turnover, fixed asset turnover, total asset turnover, debt ratios, coverage ratios, profitability ratios, return on assets, return on equity, DuPont analysis, and Z-score model.
This document provides an overview of Nestle, including its history, organizational structure, brands and products, and financial analysis. It discusses that Nestle is a multinational food and beverage company founded in 1866, with over 2000 brands across 150 countries. The document outlines Nestle's mission to positively influence social environments as responsible corporate citizens. It also describes Nestle's matrix organizational structure with top, middle and lower level management, and key departments like sales, R&D, and human resources. Finally, it summarizes Nestle's financial performance in 2018, including metrics like sales growth, gross profit ratio, and earnings per share.
The document summarizes corporate governance best practices for companies and institutional shareholders. For companies, it outlines the roles and responsibilities of the board of directors, including board composition, director independence, appointments, evaluations and remuneration. It also discusses relations with shareholders, financial reporting, internal controls and the audit committee. For institutional shareholders, it discusses engaging in dialogue with companies, evaluating governance disclosures, and exercising shareholder voting responsibilities.
This will help to understand the Articles of Human Resources to those who's educational background is different but they are eager to start their career in Human Resource.
Report on the Financial Ratios and IT Industry AnalysisPushkar Metha, MBA
This report is the detailed Ratio analyses of Tech Mahindra and Infosys and are immensely helpful in making a comparative of the financial statement for several years.
The analysis shows the company financial position is very secure. It is observed that most of the ratios are as per the industry standard.
It has been also been observed that in most of the ratio likes EPS, Book Value, Dividend Per share, PBITA Margin, ROE etc., Infosys Ltd. is doing better than the Tech Mahindra which shows Infosys Ltd. is much more stable as compared with the Tech Mahindra and in turn can provide more returns to Shareholders / Investors.
The empirical results reveal that the dividend payout policies of Tech Mahindra and Infosys Ltd. are significant and strong positively correlated with leverage. Tech Mahindra and Infosys ltd. are significant and strong positively correlated with provision for Taxation.
The Technology has been changing at the rapid space and it demands to invest in new technologies like cloud computing, mobility and analytics, Big Data and innovation which will provide tremendous opportunities. The customer demands are more dynamic which require more technological work force. The companies need to take the proactive steps in moving Digital and building the competency for new technologies where there are huge opportunities to grow.
This document is the Combined Code on Corporate Governance published by the Financial Reporting Council in July 2003. It provides guidance to companies on good governance practices related to board composition and effectiveness, remuneration, accountability, relations with shareholders, and the role of institutional shareholders. The Code consists of main principles and supporting provisions, and takes a "comply or explain" approach where companies report on how they apply the principles and either comply with the provisions or explain any non-compliance. It aims to promote high quality governance and transparency through balanced leadership, accountability, and shareholder relations at listed companies.
Financial Statement Analysis of Dabur India Limited IndranilMondal19
This document presents a financial statement analysis of Dabur India Ltd. It includes:
1) Assumptions for forecasting key financial metrics like sales, costs, debt repayment, and tax rates.
2) Forecasts and charts showing trends for metrics like EBITDA and PAT margins, debt-to-equity ratio, interest coverage ratio, and earnings per share through 2023.
3) An overview of Dabur's business model including its product portfolio, overseas acquisitions, sales breakdown, and details on its beauty retail store brand NewU.
4) Pie charts showing the breakdown of shareholding and an note on predictions for Dabur's share price to reach 500 in the
The document discusses the purpose, methodology, data collection, and statistical tools used in a study of Hafed Ltd, a state-level cooperative in Haryana, India. The purpose is to analyze Hafed's financial position, strengths, weaknesses, growth, liquidity, efficiency, and profitability. Secondary data is collected from Hafed's annual reports, audit reports, balance sheets, and profit and loss statements. Accounting ratios will be used as the statistical tool for analysis.
This document is the Combined Code on Corporate Governance from July 2003. It outlines best practices for corporate governance in the UK, including:
1) The roles and responsibilities of boards of directors in providing leadership, setting strategy, overseeing risk management, and acting in the interests of shareholders.
2) Guidance on remuneration, accountability, audit committees, and relations with shareholders.
3) The roles and responsibilities of institutional shareholders in evaluating corporate governance practices and engaging in dialogue with companies.
4) Related guidance on internal controls, audit committees, and suggestions from the Higgs report on the roles of chairs, non-executive directors, and board committees.
Role of board of directors - corporate management - Strategic Management - ...manumelwin
It acts as the Trustee of Shareholders – The director’s act as representatives of shareholders and work with utmost faith and degree of honesty in protecting long term aims of wealth maximization of company.
the financial statement analysis of Pakistan tobacco company.Financial performance of Pakistan tobacco company (ptc) and Philip morris pakistan limited (pmpkl) Through ratio analysis Tobacco industry in pakistan.
Human Resource Management - Bhel vs Tata steelHari Kumar
The document compares the human resource management practices of BHEL and Tata Steel, two major manufacturing companies in India. BHEL is a large public sector company with 46,274 employees while Tata Steel is a private sector company with 81,622 employees. Some key differences are that BHEL offers more job security but lower pay, while Tata Steel offers higher pay but less job security. Both companies focus on training and development but Tata Steel provides more special benefits to employees. The document recommends practices like performance-linked bonuses, feedback systems, and knowledge sharing to improve human resource management.
The present report is about the business environment of Nestle. Business environment can define as distinct sources or surroundings which influence the business operations and functions of the organization. It comprises internal and external factors, such as customers, competitors, suppliers, government, regulations, and legislations, economy and employees etc.
The document is the Code of Ethics and Conduct for members of the Chartered Insurance Institute (CII). It outlines the key values and principles that members should uphold in their professional duties, including behaving with integrity, complying with laws, demonstrating competence, upholding professional standards, and respecting confidentiality. The Code also describes the duties members have in their relationships and conduct with customers, employers, regulators, the community, and the CII. Members are obligated to comply with the Code, and failure to do so could result in disciplinary action by the CII.
The document summarizes the vision, mission, objectives, and organizational structure of Lever Brothers Pakistan Limited. The key points are:
1. The vision is to excel in all fields and provide customer delight through quality products. The mission is to be the leading consumer company in Pakistan with dominant market positions across various product categories.
2. The objectives include 15% annual growth, understanding consumer needs, delivering superior value through innovation, improving efficiency, and developing new markets.
3. The organizational structure has a chairman who leads a management committee responsible for strategy and policy. Department heads oversee functions and ensure targets are met.
We, at “Neusource Process Outsource Private Limited”, a fastest growing Accounting & Business Consulting firm in India, carrying the single mission of corporate growth by consulting, coaching, training & supporting etc., by all means to the businesses & men working in those businesses, firmly believe that human resource is the single most precious asset of any organization. We continuously endeavor to keep the manpower motivated through various interventions for higher levels of quality and productivity.
We are committed to continual improvement and excellence in all our HR interventions through:
Strengthening a learning culture by effective training and development, total employee involvement, achieving high performance standards through performance management system and adherence to ethical values.
Providing avenues for growth and development by aptitude and need based cross functional mobility of employees to harness their full potential. Ensuring growth of each employee in the organization through a carefully worked out career advancement scheme. Implementing redeployment strategy for manpower optimization.
Developing and nurturing an organizational climate which encourages creativity and innovation.
Inducting appropriate quality of manpower and retaining them.
Making proactive efforts to maintain cordial relations and discipline among the whole team through a system of periodic interaction with employee collectives.
Laying down of all the employee related policies properly and following these transparently
The document discusses compensation management at Shanta Garments Limited, a garment manufacturer in Bangladesh. It provides an overview of the company's compensation policies, including incentives based on performance, provident funds, and benefits like sick leave and maternity leave. Interviews with HR managers found the compensation system aims to reduce turnover but lacks fairness. While incentives and benefits were strengths, weaknesses included a lack of negotiation, centralized power, and poor communication. Recommendations included emphasizing mid-level managers, improving disability coverage, and ensuring equal treatment and communication.
Anil Kumar Mehta has over 25 years of experience as a CFO, currently serving as the CFO of L&T-MHPS Boilers Private Limited. He has received several national awards for his financial leadership and management. Prior to his current role, he held CFO positions at large companies like Dhamra Port Company Limited and L&T-Case Equipment Private Limited, where he played a key role in transforming businesses, optimizing costs and revenues, and facilitating major transactions. He has a strong track record of managing finance, accounting, risk and compliance.
The role of the board of directors in corporate governance and policy makingClaro Ganac
The document discusses corporate governance practices of boards of directors in the Philippines. It begins by outlining the legal frameworks and responsibilities of boards, including formulating strategy, oversight, and fiduciary duty. It then evaluates the governance structures and processes of several large Philippine companies. PLDT, Ayala, and BDO are highlighted as exceeding compliance standards by advocating ethics and transparency to employees and stakeholders. While other firms meet basic regulatory requirements, they are weaker in disseminating policies and consulting stakeholders on decisions. Overall, the document analyzes how boards shape policy and assesses real-world examples of corporate governance implementation.
The document is an HR policy manual for Tameer Microfinance Bank. It contains policies and procedures related to various HR functions such as employee classification, compensation and benefits, code of conduct, organizational development, and HR operations. The manual provides guidance for implementing consistent HR practices across the organization.
Working capital management is very fundamental to
the liquidity and profitability of any organization and
the two variables are vital in evaluating the
performance and ultimately deciding the survival of any
organisation. This study presents an empirical investigation of
the relationship between working capital management and
profitability using Nestle Nigeria Plc and Cadbury Nigeria Plc as case studies. The study used correlation and regression analysis to analyze data. Quick ratio was used to measure liquidity, current ratio, trade receivable collection and trade payables payment periods were used as efficiency variables to capture the working capital management policy adopted by these companies
while return on equity was used as the profitability variable.
Liquidity and efficiency variables were correlated against return on equity. The study found a negative relationship between the liquidity, two of the efficiency ratios and return on equity for Nestle Nigeria Plc while it found a positive relationship between the liquidity, efficiency ratios and return on equity of Cadbury Nigeria Plc. To enhance profitable short-term investments, the study recommends that companies should manage their working capital efficiently by upgrading the quality of their assets while
obsolete inventories should be written off.
Searle Pakistan Limited (SPL) was incorporated in 1965 in Pakistan as a private limited company. It acquired a manufacturing facility in 1966. The company's vision is to improve quality of human life through new research products. Its mission is to provide customers with quality healthcare and consumer products while evolving with changing markets. The document includes ratio analyses of SPL from 2007-2008 compared to industry averages, covering current ratio, quick ratio, accounts receivable turnover, inventory turnover, fixed asset turnover, total asset turnover, debt ratios, coverage ratios, profitability ratios, return on assets, return on equity, DuPont analysis, and Z-score model.
This document provides an overview of Nestle, including its history, organizational structure, brands and products, and financial analysis. It discusses that Nestle is a multinational food and beverage company founded in 1866, with over 2000 brands across 150 countries. The document outlines Nestle's mission to positively influence social environments as responsible corporate citizens. It also describes Nestle's matrix organizational structure with top, middle and lower level management, and key departments like sales, R&D, and human resources. Finally, it summarizes Nestle's financial performance in 2018, including metrics like sales growth, gross profit ratio, and earnings per share.
The document summarizes corporate governance best practices for companies and institutional shareholders. For companies, it outlines the roles and responsibilities of the board of directors, including board composition, director independence, appointments, evaluations and remuneration. It also discusses relations with shareholders, financial reporting, internal controls and the audit committee. For institutional shareholders, it discusses engaging in dialogue with companies, evaluating governance disclosures, and exercising shareholder voting responsibilities.
This will help to understand the Articles of Human Resources to those who's educational background is different but they are eager to start their career in Human Resource.
Report on the Financial Ratios and IT Industry AnalysisPushkar Metha, MBA
This report is the detailed Ratio analyses of Tech Mahindra and Infosys and are immensely helpful in making a comparative of the financial statement for several years.
The analysis shows the company financial position is very secure. It is observed that most of the ratios are as per the industry standard.
It has been also been observed that in most of the ratio likes EPS, Book Value, Dividend Per share, PBITA Margin, ROE etc., Infosys Ltd. is doing better than the Tech Mahindra which shows Infosys Ltd. is much more stable as compared with the Tech Mahindra and in turn can provide more returns to Shareholders / Investors.
The empirical results reveal that the dividend payout policies of Tech Mahindra and Infosys Ltd. are significant and strong positively correlated with leverage. Tech Mahindra and Infosys ltd. are significant and strong positively correlated with provision for Taxation.
The Technology has been changing at the rapid space and it demands to invest in new technologies like cloud computing, mobility and analytics, Big Data and innovation which will provide tremendous opportunities. The customer demands are more dynamic which require more technological work force. The companies need to take the proactive steps in moving Digital and building the competency for new technologies where there are huge opportunities to grow.
This document is the Combined Code on Corporate Governance published by the Financial Reporting Council in July 2003. It provides guidance to companies on good governance practices related to board composition and effectiveness, remuneration, accountability, relations with shareholders, and the role of institutional shareholders. The Code consists of main principles and supporting provisions, and takes a "comply or explain" approach where companies report on how they apply the principles and either comply with the provisions or explain any non-compliance. It aims to promote high quality governance and transparency through balanced leadership, accountability, and shareholder relations at listed companies.
Financial Statement Analysis of Dabur India Limited IndranilMondal19
This document presents a financial statement analysis of Dabur India Ltd. It includes:
1) Assumptions for forecasting key financial metrics like sales, costs, debt repayment, and tax rates.
2) Forecasts and charts showing trends for metrics like EBITDA and PAT margins, debt-to-equity ratio, interest coverage ratio, and earnings per share through 2023.
3) An overview of Dabur's business model including its product portfolio, overseas acquisitions, sales breakdown, and details on its beauty retail store brand NewU.
4) Pie charts showing the breakdown of shareholding and an note on predictions for Dabur's share price to reach 500 in the
The document discusses the purpose, methodology, data collection, and statistical tools used in a study of Hafed Ltd, a state-level cooperative in Haryana, India. The purpose is to analyze Hafed's financial position, strengths, weaknesses, growth, liquidity, efficiency, and profitability. Secondary data is collected from Hafed's annual reports, audit reports, balance sheets, and profit and loss statements. Accounting ratios will be used as the statistical tool for analysis.
This document is the Combined Code on Corporate Governance from July 2003. It outlines best practices for corporate governance in the UK, including:
1) The roles and responsibilities of boards of directors in providing leadership, setting strategy, overseeing risk management, and acting in the interests of shareholders.
2) Guidance on remuneration, accountability, audit committees, and relations with shareholders.
3) The roles and responsibilities of institutional shareholders in evaluating corporate governance practices and engaging in dialogue with companies.
4) Related guidance on internal controls, audit committees, and suggestions from the Higgs report on the roles of chairs, non-executive directors, and board committees.
Role of board of directors - corporate management - Strategic Management - ...manumelwin
It acts as the Trustee of Shareholders – The director’s act as representatives of shareholders and work with utmost faith and degree of honesty in protecting long term aims of wealth maximization of company.
the financial statement analysis of Pakistan tobacco company.Financial performance of Pakistan tobacco company (ptc) and Philip morris pakistan limited (pmpkl) Through ratio analysis Tobacco industry in pakistan.
Human Resource Management - Bhel vs Tata steelHari Kumar
The document compares the human resource management practices of BHEL and Tata Steel, two major manufacturing companies in India. BHEL is a large public sector company with 46,274 employees while Tata Steel is a private sector company with 81,622 employees. Some key differences are that BHEL offers more job security but lower pay, while Tata Steel offers higher pay but less job security. Both companies focus on training and development but Tata Steel provides more special benefits to employees. The document recommends practices like performance-linked bonuses, feedback systems, and knowledge sharing to improve human resource management.
The present report is about the business environment of Nestle. Business environment can define as distinct sources or surroundings which influence the business operations and functions of the organization. It comprises internal and external factors, such as customers, competitors, suppliers, government, regulations, and legislations, economy and employees etc.
The document is the Code of Ethics and Conduct for members of the Chartered Insurance Institute (CII). It outlines the key values and principles that members should uphold in their professional duties, including behaving with integrity, complying with laws, demonstrating competence, upholding professional standards, and respecting confidentiality. The Code also describes the duties members have in their relationships and conduct with customers, employers, regulators, the community, and the CII. Members are obligated to comply with the Code, and failure to do so could result in disciplinary action by the CII.
The document summarizes the vision, mission, objectives, and organizational structure of Lever Brothers Pakistan Limited. The key points are:
1. The vision is to excel in all fields and provide customer delight through quality products. The mission is to be the leading consumer company in Pakistan with dominant market positions across various product categories.
2. The objectives include 15% annual growth, understanding consumer needs, delivering superior value through innovation, improving efficiency, and developing new markets.
3. The organizational structure has a chairman who leads a management committee responsible for strategy and policy. Department heads oversee functions and ensure targets are met.
This document provides a corporate governance report for Hindustan Unilever. It discusses the company's commitment to transparency, accountability, and ethical business practices. The report outlines the roles and responsibilities of the Board of Directors in overseeing management and shareholders' interests. It also describes the composition of the Board and its committees. The report emphasizes Hindustan Unilever's focus on integrity, sustainability, and creating long-term value for stakeholders.
A message to GCC investment banks about trends in long and short term incentive compensation since the 2008 financial crisis. Increased emphasis on incorporating risk factors with financial measures/KPIs and enhanced corprorate governance.
Dabur was established in 1884 with the goal of manufacturing Ayurvedic drugs. It has since expanded its product lines and shifted locations while maintaining a focus on Ayurvedic products. Dabur emphasizes corporate governance and sees it as key to business excellence and shareholder value. It has a board with independent directors and board committees that oversee audits, compensation, shareholder issues, and nominations. Dabur's corporate governance practices have earned it recognition and strengthened trust with stakeholders.
Joydeb Chatterjee has over 23 years of experience in finance roles across media, healthcare, and textile manufacturing industries. He is currently the Senior Vice President and Chief Finance Officer of SRF Ltd's Technical Textile Business. Previously he has held CFO roles at other companies and also has experience in internal audit, executive assistance, and various accounting functions. He holds professional qualifications as a Chartered Accountant and Cost Accountant in India.
What if you asked your top four employees to articulate the vision and purpose of your company? Could they do it? What about its business model and strategy? How about explaining their roles and the outcomes for which they have stewardship?
Chances are even your best people would struggle with that exercise. And if they have a hard time, imagine what that implies about the rest of your team.
Those simple questions reveal the level of line of sight you have in your business. And without line of sight, it is virtually impossible to have an engaged workforce.
With that in mind, VisionLink discusses the important role of employee alignment in creating sustained success in all aspects of talent management and performance—and how to create a pay strategy that reinforces the vision and mindset you want your employees to have.
To view a recording of this webinar, visit: http://www.vladvisors.com/compensation-knowledge-center/webinars/how-to-improve-line-of-sight-and-why-it-matters
To learn more about VisionLink, visit: www.vladvisors.com
QSO 321 Project Preassessment Evaluation Summary Based on an evalu.docxlarry345678
QSO 321 Project Preassessment Evaluation Summary
Based on an evaluation of the organization’s current state and recent initiatives, the areas listed below have been identified as being in need of improvement based on the triple-bottom-line framework and B Corp Certification requirements.
Governance ï‚· A more formal structure or stakeholder group is needed to review social and environmental
performance regularly and accurately. Workers
ï‚· Employee pay is low, both for hourly and salaried employees.
ï‚· Attrition rates are high, resulting in a significant loss of company resources.
ï‚· Employees lack the autonomy to shut down unsafe practices and processes.
ï‚· Required trainings are frequent, but professional development for growth is very limited in both opportunities and funding.
Community ï‚· The organization needs to regularly screen and evaluate suppliers for social and environmental
impact, not just when an initial partnership is begun.
ï‚· The majority of materials used to grow, manufacture, ship, and sell the tea are not locally sourced.
Environment ï‚· Although some supplying farms do have some sustainable practices in place, not all facilities and
practices are designed to restore or preserve the environment.
ï‚· Most energy sources, especially energy sources for domestic locations, are not renewable.
ï‚· The organization has not conducted any kind of environmental assessment since 2010, and that assessment was only conducted to identify areas of opportunity, not for certification.
ï‚· Cost and time are prioritized in shipping, resulting in the inefficient use of transportation and a high carbon footprint.
Customers  Quality control is conducted randomly, but isn’t an ingrained part of the workflow process.
ï‚· There are no product guarantees available to customers.
ï‚· Customer feedback is primarily collected through online reviews of purchased products or sales locations, rather than customer surveys.
The following areas have been identified as being strengths of the organization based on the TBL framework and B Corp Certification requirements:
Governance  The organization’s mission, vision, code of ethics, and culture statement strongly support
sustainable, ethical practices.
ï‚· The organization has identified key goals and metrics to monitor and evaluate sustainable business practices.
Workers ï‚· Employees are very content with benefits.
ï‚· Job-related training is thorough and frequent.
ï‚· There are established employee feedback programs with high rates of engagement.
Community ï‚· The organization is very diverse in its workforce, and employees report feeling safe and
respected at work.
ï‚· There are clear, measurable goals to continue growing diversity and inclusion throughout the organization.
ï‚· The organization has set key requirements for its outsourced workforce, although regular evaluations are lacking.
ï‚· The organization provides incentives and sets goals for suppliers regarding socially responsible .
Nestle's compensation policies aim to attract and retain top talent. The objectives of Nestle's compensation management include attracting top talent, retaining and rewarding personnel, boosting motivation, being compliant, maximizing return on investment, and reducing high employee turnover and costs. Nestle considers criteria like qualifications, experience, achievements, devotion of time, leadership qualities, and compliance with company rules and policies when appointing directors, key managers, and senior staff. Remuneration is based on principles of paying for performance, potential for growth, and aligning compensation with long-term company and shareholder interests.
The document provides background information on Coca-Cola Beverages Pakistan Limited (CCBPL). It states that CCBPL is a bottler of The Coca-Cola Company and has 6 plants and 13 warehouses throughout Pakistan. It discusses CCBPL's history of acquiring local bottling franchises and becoming the sole manufacturer and seller of Coca-Cola products in Pakistan. The document also briefly outlines CCBPL's departments and organizational structure.
This document outlines the vision, values, and services of iKON Professionals (Pvt.) Ltd. Their vision is to inspire business and human growth through transformation. Their core values include professional ethics, individual dignity, innovation, and customer focus. They provide a wide range of organizational development, professional advisory, and experiential learning services including business diagnostics, coaching, human resource management, internal auditing, accounting, and taxation. Their goal is to help clients achieve business excellence through transformation strategies, capacity building, and professional consulting.
One of the primary roles of a nonprofit board of directors is to provide fiscal oversight for the organizations they serve. Yet there are different approaches to financial oversight by boards. What are the best and most effective practices? What can your staff and volunteer leaders do to increase the financial literacy of your board? Does your board know how to read and understand the financial statements being presented at every meeting? During this webinar, we will explore some of the key components for your board members to enhance their role in providing effective governance oversight for the nonprofit’s financial management policies and activities. The learning objectives will cover these topics:
• What are the typical financial responsibilities and misunderstandings of board members?
• What are the fundamental fiduciary duties for nonprofit board and its members?
• Learn how to read, interpret and understand the financial reports for the nonprofit you represent
The Organizational Health Index (OHI) is a diagnostic tool developed by McKinsey & Company to measure and track the key organizational elements that drive financial performance. The OHI provides leaders with a simple framework to assess 12 elements in five categories: direction, accountability, coordination & control, external orientation, and capabilities. It helps identify areas for improvement and inspires leaders to take actions that enhance organizational health.
Deloitte Core Beliefs and Culture Surveyadigaskell
The survey found that organizations with a strong sense of purpose tend to have better financial performance and higher employee and customer satisfaction. However, most employees and executives feel businesses are not doing enough to create a meaningful sense of purpose. While many activities can contribute to a culture of purpose, executives see these as more integrated than employees do. Establishing a clear purpose and demonstrating its positive impacts could help companies improve performance and stakeholder relationships.
The document analyzes the financial statements of Jubilant Life Sciences Limited over a five year period from 2009-2014. It aims to determine the company's financial strengths and weaknesses. Key findings include that the company has experienced increasing sales and profits over the period. While current and quick ratios are below standard, fixed assets and depreciation are growing. The company maintains a fully equity financing structure due to strong positive cash flows. Suggestions include improving liquidity ratios and inventory management. In conclusion, the company's overall financial position is considered good with successful implementation of financial statement analysis.
Best Financial Management App | Grow Your Wealth - GuardianWealthguardianwealth
GuardianWealth is the best financial management app for financial planning, expense tracking, and budgeting. It makes managing your finances easier by determining the optimum strategy for you. If you're tired of handling your finances, give this app a try. Visit our website to know more.
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This document provides an overview of business excellence including:
1) It defines business excellence as developing management systems and processes to improve performance and create stakeholder value.
2) It explains that business excellence models were developed based on core values and concepts found in high-performing organizations.
3) The Baldrige Criteria for Performance Excellence is presented as a widely used business excellence model consisting of seven categories to assess organizational processes and results.
FINAL POM PROJECT PRESENTAION ON SILK BANK BY TITANIC GROUPSyed Nabeel Ali
Silk Bank Limited is a commercial bank in Pakistan. The document discusses Silk Bank's group members, vision/mission, organizational structure, recruitment process, and training programs. It provides details on the bank's planning, organizing, leading, and controlling functions. Silk Bank focuses on customer service and uses a combination of centralized and decentralized approaches to manage its branches effectively.
This document is a summer training project report submitted by Shivansh Goyal to the Head & Dean of FMS at ITC Ltd in Saharanpur analyzing the working capital management of ITC Ltd. It discusses the goals of working capital management, analyzes ITC's current assets and current liabilities, and assesses the company's working capital management policies through ratio analysis and other techniques. The report finds that ITC's inventory levels are increasing but inventory turnover is decreasing, indicating potential issues with stock velocity that could impact the company's performance if not addressed.
Similar to Fsa project basic information required (20)
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Limit On Exposure Against Contingent Liabilities:
Minimum Requirement For Different Types Of Consumer Finance:
General Reserves Against Consumer Finance:
Window Dressing:
Margin Requirement:
Maximum Card Limit:
Maximum Consumer Loans Tenure:
Earnings per share is a ratio used to analyze financial statements that measures a company's profit allocated to each outstanding share of common stock. International Accounting Standard 33 was developed to standardize how earnings per share is calculated, which involves dividing earnings attributable to ordinary shareholders by the weighted average number of ordinary shares. There are two types of earnings per share calculations: basic EPS uses actual ordinary shares outstanding, while diluted EPS considers additional potential ordinary shares, such as from convertible bonds, that would lower per-share earnings if converted.
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Israeli drones are becoming a dominant force in the global drone industry. Israel has extensive experience using drones for intelligence, surveillance, and reconnaissance (ISR) for decades. Israeli companies are leading in the development of new drone technologies like autonomous drones that can avoid obstacles and perform tasks independently using computer vision. Startups like Percepto are developing advanced technologies that allow drones to operate autonomously through modules that enable automated operations like obstacle avoidance and precise payload delivery. Israel is also a major exporter of military drones, accounting for over 61% of worldwide exports according to SIPRI. Drones are being developed for applications like transporting injured soldiers and delivering packages.
Lego is the toy making company which was introduced in 1932 in DENMARK. In 1934,company came to be called ‘LEGO” from the Danish phrase “LEG GODT” which means play well . This Danish company was registered in 1958 though it had been manufacturing blocks since 1932.
and also in macro and micro environment
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Indus Motor Company was established in 1989 as a joint venture between House of Habib of Pakistan, Toyota Motor Corporation, and Toyota Tsusho Corporation of Japan. It manufactures and markets Toyota and Daihatsu vehicles in Pakistan. The company has sold over 500,000 vehicles and produces over 1,000 vehicles daily at its 100 acre facility in Karachi. Indus Motor Company invests heavily in training its workforce of over 20,000 employees and has received high employee satisfaction scores. It has played a major role in developing the local automotive industry supply chain and contributing to the economy.
The promoters of Silk Textile Manufacturing Company went through the promotion and incorporation stages to establish the new company. In the promotion stage, they decided on the company name and structure. In the incorporation stage, they submitted documents like the Memorandum of Association and Articles of Association to the registrar and received a Certificate of Incorporation. After issuing a prospectus and fulfilling subscription requirements, they received a Certificate of Commencement allowing the company to begin operations.
The promoters of Silk Textile Manufacturing Company went through the promotion and incorporation stages to establish the new company. In the promotion stage, they decided on the company name and structure. In the incorporation stage, they submitted documents like the Memorandum of Association and Articles of Association to the registrar and received a Certificate of Incorporation. After issuing a prospectus and fulfilling subscription requirements, they received a Certificate of Commencement allowing the company to begin operations.
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Seminar: Gender Board Diversity through Ownership NetworksGRAPE
Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
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Introducing BONKMILLON - The Most Bonkers Meme Coin Yet
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My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
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Fsa project basic information required
1. BASIC INFORMATION REQUIRED
Analyze the board of directors, the management and the sponsors of
the company
The Board of Directors currently comprises of an executive Chairman, Chief
Executive/Managing Director, two executive and three non-executive directors. The
Directors meet at least four times a year to review the progress and performance of
the company. The Board has delegated the day-to-day operations of the company to
the Managing Director. However, the Directors are equally accountable under the law
for the proper handling of the Company’s affairs
All the powers of the Board are being duly exercised and material decisions on
transactions and regarding appointment, remuneration, employment and appointment
of CEO, executive and non-executive directors, have been taken by the board of
directors.
They have effective and efficient management which is highly responsible and
accountable to their specified departments. It enables them to perform routine
operations in an excellent manner and generate high profits.
Company information
Nestlé Pakistan Ltd is a subsidiary of Nestlé S.A, a company of Swiss origin
headquartered in Vevey, Switzerland. It is one of the leading food and beverage
Company in Pakistan. It is a public limited company incorporated in Pakistan and its
shares are traded on Pakistan Stock Exchange (previously on Karachi and Lahore
stock exchanges). Its head office is located in Switzerland. The major activity of the
Company is manufacturing, processing and sale of food products including imported
products (dairy, confectionery, culinary, coffee, beverages, infant nutrition and
drinking water etc).
• VISION:
“Nestlé’s vision is to be the globally recognized leading Nutrition, Health and
Wellness Company. Nestlé Pakistan subscribes fully to this vision and the values that
come with it.”
• MISSION:
“To positively enhance the quality of life of the people of Pakistan by all that we do
through our people, our brands, products and our CSV activities.”
• AMBITION:
“Their ambition is to be the leading Nutrition, Health and Wellness Company in
Pakistan.”
Board of directors
1
2. Following are the Board of Directors of Nestle:-
• Mr. Syed Yawar Ali (Chairman)
• Mr. Bruno Olierhoek (Managing Director)
• Mr. John Davis (Director)
• Mr. Syed Hyder Ali (Director)
• Mr. Osama Khalid Wheed (Director)
• Mr. Pierre Schaufelberger (Director)
• Mr. Naveed Ahmad Khan (Director)
• Mr. Syed Babar Ali (Director)
• Mr. John Martin Miller (Director)
Management of the company
Nestle consists of flat and matrix organizational structure. Its departments are divided
functional and product wise. All products use different functional departments which
consists of specific products departments within them. It has direct and indirect
reporting system with their subordinates.
As there is matrix form of organization, all employees have to report to two or more
departments. The managing Director has a responsibility to report directly to the Head
office in Switzerland and follow the guidance and objectives from their.
Following are the different functional departments under the Managing Director:
• Business Executive Managers
• Head of Human Resource Department
• Head of Sales Department
• Head of Supply Chain
Thus, they have highly efficient, responsible and accountable management.
Audit committee
The Audit Committee comprises three members including the chairman of the
committee. All members are non-executive directors and one member is executive.
The terms of reference of the committee, which is in line with the Code of Corporate
Governance, has been presented and approved by the Board of Directors.
• Syed Hyder Ali (Director and Chairman)
• Syed Babar Ali (Director and member)
• Naveed A. Khan (Director and Member & Secretary)
Human resource and remuneration committee
2
3. • HUMAN RESOURCE:-
Human Resource team has been thoroughly involved in the progress
of the Nestle continuous excellence journey, by providing its support and guidance in
maintaining employee engagement, people development processes and appropriate
goal alignment.
• REMUNERATION COMMITTEE:-
The Company has established this committee in accordance with requirements of
Code of Corporate Governance. All issues of remuneration are fully disclosed,
deliberated and decided at the meetings of the Directors.
• Syed Babar Ali (Director and Chairman)
• Syed Hyder Ali (Director and Member)
• Magdi Batato (Managing Director and Member)
• Shahzad Umar (Head of Human Resources Secretary)
Sponsors of the company
Sponsors are not mentioned.
Discuss if the company is a family business or a professionally run
business
Nestle Pakistan is professionally running business, a public company which shares are
traded on Pakistan Stock Exchange.
Analyze the pattern of shareholding including cross shareholding of
the company
There are 854 numbers of shareholders and shares held by them are 45,349,584.
The numbers of shares traded are 35,577,464. The company is not involved in cross
shareholding.
Categories of shareholders
• Directors CEO/Spouse/Minors
3
4. • Associated Companies Undertakings
• NIT & ICP
• Banks & Financial Institutions
• Insurance Companies
• Funds
• Joint Stock Companies
• Charitable Trust
• Executives
• Individuals
• Foreign Investors
• Others:-
• Public Sectors Companies & Corporations
• Shareholders’ Holding 10%
Total shareholders are 854 and number of shares held by them are 45,349,584.
Analyze the auditor report and the review of corporate governance
• AUDIT REPORT:-
The auditor states that the financial statement are prepared under
appropriate accounting polices and applicable accounting standards and states the
information as required by the companies ordinance 1984. Hence, all financial
statements give true and fair view.
• CORPORATE GOVERNANCE:-
Their approach to corporate governance is based on strong
principles and values which are set by the board of directors for management and
employees.
They have set their long term strategies and present strategies as well which include,
long term performance, financial planning reviews, audit process, compliance with
laws and regulations, performance goals, managing director nomination, evaluation,
setting compensation and succession plans. It also oversees social, economic and
environmental sustainability.
Analyze the transaction between related parties especially with
regard to donations/ sales and purchases
They have healthy relationships with their suppliers which benefits them with low
rates and quality raw material. They have good relationships with their customers as
well due to which it ranks on high level of customer satisfaction. There are
transactions with associates and joint ventures. There are no significant transactions
between the Group companies and associates. Their main transactions are with joint
ventures, regarding loans.
4
5. Transaction with related parties
The company in the normal course of business carries out transactions with various
related parties. There are transactions with associates, Nestle S.A (holding company),
subsidiaries, employee’s retirement benefit funds, key management personnel,
donations, insurance claims, and joint ventures. There are no significant transactions
between the Group companies and associates. Their main transactions are with joint
ventures, regarding loans.
Do you think under the above analysis the financial performance
(sales, profit, asset growth, expansion strategy) of the company make
sense.
Being a leading food and beverages company, there is great increase in sales every
year of Nestle. The overall profit margin shows increase which is the good sign for
the company. Due to its effective infrastructure which supports future growth, there is
a good increase in performance of Nestle.
They are using their assets very effectively which enables and returning them with
high generation of revenues and become leading food company in Pakistan.
Good food good life is not just the part of their logo; they make sure that they follow
this principle. There strategy is to provide finest quality product, this is the reason
why consumers love Nestle products. They are whole heartedly committed to their
obligation to satisfy their customers. They take extra care of their customers which is
their secret to success. Such factors lead to the higher profits and expansion of
business. Hence, their efforts for the upcoming years show that there will be a
favorable increase in sales.
REPORT
5
6. In Activity ratio,
The Inventory turnover in 2015 is 7.158 and in 2014 is 7.817
The Inventory days in 2015 is 50.989 and in 2014 is 46.696
The Receivable turnover ratio in 2015 is 124.283 is and in 2014 is 127.180
The receivable days in 2015 is 2.937 and in 2014 is 2.870
The total assets turnover in 2015 is 2.090 and in 2014 is 1.865
The operating cycle in 2015 is 53.159 and in 2014 is 48.561
Interpretation:-
Activity ratios shows the effectiveness of business in putting its asset investment to
use. The comparisons shows that the business is more efficient in 2015, as its
inventory turnovers seems to be more favorable than in 2014. The receivable turnover
in days in both the years is showing almost the same results which is safe and sound.
The operating cycle is also in a stable position in both the years.
In Liquidity ratio,
The current ratio in 2015 is 0.717 and in 2014 is 0.663
The Quick ratio in 2015 is 0.043 and in 2014 is 0.035
The Cash ration in 2015 is 0.010 and in 2014 is 0.008
Interpretation:-
Liquidity ratios shows the ability of the business to meet its short term immediate
obligation. In term of current ratio and quick ratio, results are showing the negative
signs in both the years as it’s less than 1. The company should take immediate
measures in terms of its liquidity otherwise it would face severe problems
In Solvency ratio,
The debt to assets ratio in 2015 is 0.743 and in 2014 is 0.563
The long term debt to assets ratio in 2015 is 0.162 and in 2014 is 0.134
The Debt to equity ratio in 2015 is 2.898 and in 2014 are 3.097
The financial leverage in 2015 is 3.898 and in 2014 are 4.097
The Interest coverage ratio in 2015 is 9.463 and in 2014 are 6.547
Interpretation:-
Solvency ratios shows the ability of the business to satisfy debt obligation. In terms of
debt to asset ratio and long term debt to assets ratio, its high in 2015 which there are
large portion of assets which are financed by debt as compared to 2014 and in term of
interest coverage, 2015’s ratio is more efficient.
In Profitability ratio (Margin),
The Gross profit margin ratio in 2015 is 0.331 and in 2014 is 0.283
The Operating profit margin ratio in 2015 is 0.158 and in 2014 is 0.146
6
7. The Net profit margin ratio in 2015 is 0.085 and in 2014 is 0.082
The pretax profit margin ration in 2015 is 0.122 and in 2014 is 0.114
Interpretation:-
In terms of profitability ratios (Margin), 2015’s ratios are more favorable than in 2014
as its high in 2015 which they are more effective and efficient in 2105 in terms of
generating high revenues.
In Profitability ratio (Return),
The Operating return on assets in 2015 is 0.331 and in 2014 is 0.273
The Return on Assets in 2015 is 0.331 and in 2014 is 0.273
The Return on Equity in 2015 is 0.693 and in 2014 is 0.268
Interpretation:-
In terms of profitability ratios (return), the ratios, operating return on assets, return on
assets and return on equity is high and more favorable in 2015, which means the
efficiency of business in generating returns have been increased as compared to the
previous year which is 2014.
In Shareholder/Investor ratios,
The Interest coverage ratio in 2015 is 9.463 and in 2014 is 6.547
The dividend coverage ratio in 2015 is 1.016 and in 2014 is 1.128
The Earning per share in 2015 is 193.185 and in 2014 is 174.846
The dividend per share in 2015 is 190.066 and in 2014 is 155.073
The dividend yield in 2015 is 84.474 and in 2014 is 70.488
Interpretation:-
In terms of shareholder’s ratios, the business has more capacity to cover its interest
cost in 2015. Dividend coverage ratios in both the year are showing safe position of
the business as it’s more than 1 which seems to be sound. The earning per share,
dividend per share and dividend yield ratios are showing more favorable results in
2015 which shows that the business is effective at managing its dividend portion. Its
dividend yielding capacity in relation to the market price of the share and ability of
the business to pay dividend is increasing in 2015.
In Cash flow ratios,
The Operating cash flow ratios in 2015 is 0.161 and in 2014 is 0.152
The Assets efficiency ratios in 2015 is 0.337 and in 2014 is 0.283
The Current liability coverage ratios in 2015 is 0.661 and in 2014 is 0.528
The long term debt coverage ratios in 2015 is 2.076 and in 2014 is 2.110
The Interest coverage ratio in 2015 is 11.897 and in 2014 is 8.484
7
8. The cash generating power ratios in 2015 is 0.979 and in 2014 in 0.777
Interpretation:-
In terms of cash flow ratios, the results are showing that the company in 2015 is
efficiently using its assets to generate cash flow, the ability of the company to make
interest payments on its entire debt loads is increasing, and the capacity of the
company to generate cash from operations is also increasing which is a very good
sign. Thus, in terms of cash flow ratios, the company is showing more favorable
results in 2015.
DUPONT ANALYSIS (COMPARISON BETWEEN 2014 AND 2015)
“DuPont Financial Analysis Model is a rather straightforward method for
assessing the factors that influence a firm’s financial performance.” Nestle is a well
performing and leading food and beverage company in Pakistan, therefore there is
always a good increase in its financial performance every year. As we have compared
two years of Nestle in terms of DuPont analysis, so the performance in 2015 is much
better than 2014. The return on equity is 82% in 2015 which is a very positive sign for
the company. And in 2014, its 73% which is also good but the most favorable is the
higher one which is 82% in 2015. It means that the company is earning good net
profit margin and generating enough revenue to cover its costs and expenses. The
company is efficiently using its debt and assets to generate high profits, returns and
revenues. Thus, the performance of the company is enhancing in 2015 as compared to
the previous year which means that it is efficient in managing its resources to generate
high turnovers.
VERTICLE ANALYSIS (COMPARISON BETWEEN 2014 AND
2015)
8
9. Vertical common-size analysis uses the aggregate value in a financial statement
for a given year as the base, and each account’s amount is restated as a percentage of
the aggregate. In terms of vertical analysis, the comparison between two years shows
that there is a slightly increase in the equity invested in the business in 2015. The
company have largely overcome its long and short term finances but its trade payables
have increased in 2015 which means that its credit purchases have increased.
In terms of assets, there is an increase in fixed assets which means that the company
has made additions in its fixed assets. The percentage of cash and bank balances has
increased in 2015 which is also a positive sign for the business. In terms of income
statement, the percentage of cost of goods sold is decreasing in 2015 which means
that the company is efficiently managing its cost due to which its gross profit is
increasing which is good sign. The company is effectively managing its finance cost
but its operating expenses are increasing with a high percentage which is a negative
sign (in 2015). It needs to focus on this portion otherwise it can face issues in future.
However, the overall, net profit of the business is increasing in 2015.
HORIZONTAL ANALYSIS (COMPARISON BETWEEN 2013, 2014 AND
2015)
Horizontal common-size analysis uses the amounts in accounts in a specified
year as the base, and subsequent years’ amounts are stated as a percentage of the base
value. In terms of horizontal analysis, there is a comparison between 2013, 2014 and
2015. The amount of equity invested in 2015 is increasing which means that more
capital is being invested into the business. However, the long term finances are
increasing rapidly which can be a negative sign for the business and due to high
interest cost its tax expense seems to be decreasing. The long term finance has largely
overcome in 2015. The inventory and fixed assets is showing a decrease in 2015 but
there is a great increase in percentage of cash and bank balances which seems to be
sound for the business. There is an increase in sales turnover but the company is
inefficient in managing its operating expenses due to which it can face severe
problems in future.
FINDING REPORT BY AMNA ABRAR
SUMMARY:
Nestle Pakistan is at top because of high demand & promising quality they provide.
Nestle has been performing very well. Through its effective marketing and a vast
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10. sales and distribution network throughout the country, it ensure that its products
are made available to consumers whenever, where ever and however. Nestlé has
the unique ability to provide a complete range of food products, services and well-
known brands to meet the needs of consumers around the world. Quality
&sustainability is another factor that is giving nestle an edge against its competitors
and therefore it is generating great turnovers and its financial performance is
enhancing every year.
CONCLUSION:-
Nestlé’s earnings performance is good. The earnings growth has been generated
internally from operations. Nestle management is key success factor of the company
they are highly committed & they do not compromise on their tasks. After reviewing
and evaluating the financial statements of the business, it is concluded that the
Nestle Company is highly effective at utilizing its assets and cost management due to
which it is generating high revenues. . This is the reason that Nestle is currently on
the top in food and beverages companies and it is ranked among the companies
earning higher revenues. Its ratios are showing favorable results. There is good and
sound increase in sales of the company every year. The overall financial performance
is going in upward direction which indicates that it will earn high sales and revenues
in the future.
RECOMMENDATIONS:-
• Increase incentives & promotional activities
• Training courses/workshops for team
• Hiring of quality sales people
• They should increase their product quality
• Nestle Milk Pack should concentrate on all age groups (by showing its
benefits) instead of concentrating just on child growth.
FINDING REPORT BY ANOSHA LARAIB
SUMMARY:
Nestle Pakistan Ltd. is a part of the Nestle SA group which is one of the largest
manufacturing companies in the world. Henri Nestle founded the company (with its
headquarters in (Vevey, Switzerland) in 1867. In a span of 130 years the company
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11. has ranked 26th among the world’s largest corporations. We have evaluated the
financial performance of the Nestle Pakistan by using different analysis methods and
came to know that its financial position and performance is increasing in a positive
manner towards prosperity which is the reason that currently it is the most leading
food and beverage company in Pakistan, having higher profits among the top leading
companies.
Conclusion:-
We have concluded that Nestlé’s financial performance is going in favorable
direction. The earnings growth has been generated internally from operations.
Overall profit margin showed a slight increase but a slight decline in gross profit
margin was witnessed. This was mainly due to cost pressure on some Product. By
assessing Nestlé’s trend analysis, it can be estimated that Nestlé’s Sales and net
income will grow significantly. Favorable ROE, which has increased in 2015 is a very
good sign. Nestles efficiency ratios are acceptable as they are quite sound. Nestle
have increased their dependency on debt to meets its obligations and to finance its
capital expenditures over the period of time. Nestle Pakistan has maintained a firm
position in the Pakistani foods market with the leading position in several categories
and is expected to continue its strong operations on the basis of its current and past
performance. So on the basis of detailed analysis of Nestle and its favorable earnings
and growth potential, I expect that it will earn higher profits in future.
RECOMMENDATIONS:-
• Increase advertising & show your competitive edge
• Increase loyalty of customer with brand through attractive packages
• Keep the price low and affordable by the customers Increase its distribution
network
• Improve marketing strategy
• Create strong brand loyalty among customers
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