The table below shows the Statement of Financial Position in the “TACL” format and in more detail. It also shows the last three years, so we can see how the business has developed. Write a brief summary of what has happened to Abcam’s statement over the last three years Has the size of the company changed and, if so, in what ways? Note that if the assets increase, then the liabilities (or equity) must have increased too. Next, discuss the following questions: Is Abcam financially safe? Does it seem financially well managed? Has it been a good investment in the past? Then, have a look at other companies in the sector (you have to find this information online). How has it performed when viewed alongside its competitors? Eventually, what would be your recommendation regarding Abcam? In a short paragraph, of approximately 200 words in length, highlight the key elements of your analysis and conclude with your recommendation.
The table below shows the Statement of Financial Position in the “TACL” format and in more detail. It also shows the last three years, so we can see how the business has developed. Write a brief summary of what has happened to Abcam’s statement over the last three years Has the size of the company changed and, if so, in what ways? Note that if the assets increase, then the liabilities (or equity) must have increased too. Next, discuss the following questions: Is Abcam financially safe? Does it seem financially well managed? Has it been a good investment in the past? Then, have a look at other companies in the sector (you have to find this information online). How has it performed when viewed alongside its competitors? Eventually, what would be your recommendation regarding Abcam? In a short paragraph, of approximately 200 words in length, highlight the key elements of your analysis and conclude with your recommendation.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
The table below shows the
- Write a brief summary of what has happened to Abcam’s statement over the last three years
- Has the size of the company changed and, if so, in what ways? Note that if the assets increase, then the liabilities (or equity) must have increased too.
Next, discuss the following questions:
- Is Abcam financially safe?
- Does it seem financially well managed?
- Has it been a good investment in the past?
Then, have a look at other companies in the sector (you have to find this information online).
- How has it performed when viewed alongside its competitors?
- Eventually, what would be your recommendation regarding Abcam?
In a short paragraph, of approximately 200 words in length, highlight the key elements of your analysis and conclude with your recommendation.
Transcribed Image Text:Statement of Financial Position
As at:
Tangible assets
Intangible assets
Investments and other
Non-current assets
Current assets
Inventory
Trade receivables/Accounts debtors
Cash
Others
Total
Current liabilities
Short term debt
Trade creditors/Accounts payables
Others
Total
Net current asserts (liabilities)
Total assets less current liabilities
Financed by
Issued capital
Share premium
Other reserves
Retained earnings
Shareholder's funds/Equity
Minorities
Long term debt
Other non-current liabilities
Non-current liabilities and equity
Other information
For the year:
Capital investment and acquisitions (£m)
Dividend (pence per share)
Operating cash flow (before tax) (£m)
Employees
Number of shares (m)
30/06/2017
£ million
22.321
189.099
6.813
218.233
21.761
21.954
84.752
14.996
143.463
0.000
-6.872
-25.726
-32.598
110.865
329.098
0.409
23.910
92.476
190.324
307.119
0.000
0.000
21.979
329.098
30/06/2017
28.938
10.18
76.444
948
204.470
30/06/2016
£ million
17.623
182.670
9.615
209.908
19.676
19.594
69.919
11.465
119.654
0.000
-4.241
-29.052
-33.293
86.361
296.269
0.405
21.549
75.120
164.116
261.190
0.000
0.000
35.079
296.269
30/06/2016
21.840
8.91
56.798
882
202.601
30/06/2015
£ million
12.451
130.015
6.958
149.424
19.803
13.226
57.059
10.434
100.522
0.000
-4.669
-16.389
-21.058
79.464
228.888
0.402
19.522
63.097
131.083
214.104
0.000
0.000
14.784
228.888
30/06/2015
700.000
8.21
1349.000
782
201.052
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.Recommended textbooks for you
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education