Nobody downloaded yet

Games Workshop Group Plc - Coursework Example

Comments (0) Cite this document
Return on Equity (ROE) Return on equity is a profitability measure which indicates how much profit the company has generates on the capital invested by the shareholders. It can be computed as net profit to shareholders’ equity. …
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER95.7% of users find it useful
Games Workshop Group Plc
Read TextPreview

Extract of sample "Games Workshop Group Plc"

Download file to see previous pages There is a significant increase in ROE from 1.51% in 2008 to 14.3% in 2009. The reason behind this huge change is the amount of profits in two years. The company successfully generated ?5,432,000 in 2009 in comparison to ?446,000 only in 2008. Overall distributable profit/ loss from continued and discontinued operations is ?5,550,000 in 2009 and loss of ?446,000 in 2008. This net loss in 2008 is due to the fact that the group sustained loss from discontinued operation in 2008. Extraordinary Items As mentioned in the Note 11 in the financial statements, Games Workshop Group plc discontinued some operations in 2008 for which the group sustained a heavy loss of ? 1,186,000. The revenue from this operation was only ?1,308,000, and the total expenses were ? 2,414,000 excluding tax of ? 80,000. Contrary to this, the group in 2009, not only avoided loss on discontinued operation, but also successfully generated ?118,000 profit from these operations. Operating Profit Margin Operating profit margin has increased to 7.17% in 2009 from 2.31% in 2008. Major reason behind this increase is the boost in profit in 2009. The company earned ?9,014,000 operating profit as compared to ?2,552,000 in 2008. Although the sales have increased by 14% ((125,706-110,345)/110,345=14%), but the increase in operating profit is greater than the increase in revenue ultimately improving the operating profit margin. Gross Profit Margin The group has reasonably high gross profit ratio is both years. It has improved to 71.43% in 2009 as compared to 69.43% in 2008 which represent 2% change. The group has made efforts to control the cost of sales. It is very important to note that, there is a huge decline from gross profit to operating profit. Gross profit declined by 64.26% and 67.12% in 2009 and 2008 respectively and also the company is operating with significantly high operating costs. Group’s operating cost is ?84,244,000 and ?75,798,000 in 2009 and 2008 respectively. Assets Turnover Assets Turnover indicates how efficiently the company has used its assets in generating profits. It has increased to 1.79 times in 2009 from 1.63 times in 2008. This is because the sales volume has increased by a net of ? 15,361,000 in 2009 representing 14% increase, while the total assets have increased by a net of only ?2,414,000 which represents 2% increase. Interest Cover Due to improved profitability, Interest Cover has reached 5.17 times in 2009 from 1.55 times in 2008. There is a slight decrease in total finance cost in both years. It has decreased by a net of ?110,000. This is due to the fact that the group has lesser financial liabilities than previous years. The cost of loans and over draft has decreased from ?1,644,000 to ?1, 2,201,000 from 2008 to 2009 because the group has repaid ?5 million for the long term debt during the year. Balance Sheet Gearing Balance sheet gearing describes the degree to which the Group’s business activities are finance by the owner’s equity and the creditors (Ogilvie, 2008). It is good to see that the financial gearing has decreased from 37.6% to 24% in 2009. The reasons for this decrease are the increase in equity due to net profits and other reserves, and the decrease in financial liabilities because the group has repaid ?5 million against long term liabilities. Total financial liabilities decreased to ?12,002,000 in 2009 from ?17,792,000 in 2008. Similarly total equity increased to ?37,991,000 in 2009 from ?29,526,000 in 2008. Current Ratio Current ratio indicates the availability of the current assets to pay the current liabilities when they fall due (Brigham Eugene Foster, 2009). This is one of the commonly used indicators of the liquidity. In both years the group has very high ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Games Workshop Group Plc Coursework Example | Topics and Well Written Essays - 750 words”, n.d.)
Games Workshop Group Plc Coursework Example | Topics and Well Written Essays - 750 words. Retrieved from
(Games Workshop Group Plc Coursework Example | Topics and Well Written Essays - 750 Words)
Games Workshop Group Plc Coursework Example | Topics and Well Written Essays - 750 Words.
“Games Workshop Group Plc Coursework Example | Topics and Well Written Essays - 750 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Games Workshop Group Plc

Vodafone Group Plc

...?Contents Introduction Telecommunication Industry 2 Vodafone Group PLC 3 Financial Performance 4 Vodafone Financial Strategies 6 Short Term and Long Term Strategies 6 Forms of Financing 6 Business Strategy 7 Conclusion 8 References 8 Appendix 8 Introduction The last few years have seen a dramatic change in the dynamics of international business. The most affected industries are the ones which seemed most promising only a few years ago. A very good example is of the automobile industry. The growth in the automobile sector was off the charts for the better part of last decade. This was basically due to the large growth in the financial sector and the exaggerated competition and growth in the banking...
8 Pages(2000 words)Essay

BG Group Plc Analysis

...?Choose ONE product/service of a popular company or any company which is listed on a stock exchange market Contents Introduction 3 Demand and Supply Factors 3 Market Structure 3 Necessities to compete in the market 4 Elasticity Concepts 5 Efficient use of resources 5 Economic Growth 5 Unemployment 5 Inflation 5 Balance of Payments 6 Business Cycle 6 Reference 6 Introduction The company that has been taken in the essay is BG Group Plc, one of the leading oil and gas producers in United Kingdom. It has set its head quarters in Reading after the company came in the picture in 1996. The company currently operates in the 25 nations across the globe. The major business includes Liquefied Natural Gas (LNG). The...
6 Pages(1500 words)Coursework

Cineworld Group PLC

...? Cineworld Group PLC Table of Contents Introduction 3 Objective of the report 3 Critical evaluation of the corporate governance 3 Relation between performance and corporate governance 4 Conclusion 6 Recommendations to the company 7 References 8 Introduction Every company has a specific mission and a vision that it aims to achieve to become a successful and a profit making organization. But to survive in the long run a company needs to maximize its shareholder’s wealth. To fulfill this objective the concept of corporate governance becomes essential. Corporate governance is a collection of principles and systems that helps the company to add value and increase its shareholder’s wealth (Thomson, 2009, p.1). Objective of the report... The...
4 Pages(1000 words)Essay

Blacks Leisure Group plc (BLG)

...AN ANALYSIS OF BLACKS LEISURE GROUP PLC'S BRAND EQUITY AND RECOMMENDATIONS FOR ITS SUSTAINABILITY AND GOWTH INTRODUCTION Established in 1863, Blacks Leisure Group has come a long way from its humble beginnings as a simple sail manufacturer. It has gone through three major phases, from a small enterprise manufacturing sails to becoming a tent supplier during the First World War, and eventually a camping and sporting goods retail empire in the latter half of the 20th Century. Today, it can be confidently argued by the millions of outdoor-loving enthusiasts as much more than just a retail store and more like an institution. Herein rests its strength from the point of view of Brand...
10 Pages(2500 words)Case Study

Blacks Leisure Group Plc

...Black's Leisure Group Plc Business Black's leisure Group Plc is one of the leading retail outdoor and board wear group in United Kingdom. The company carries all its operations under two categories: The Outdoor Group and the Boardwear Division. The Outdoor Group comprises Millets and Blacks, the largest outdoor retailers in the UK, and Freespirit and Mambo, the leading retail chains in the newly emerging UK boardwear market. The Boardwear Division comprises the wholesale and retail arms of the O'Neill brand, one of the world's leading names in boardwear. The Group has the exclusive distribution...
10 Pages(2500 words)Case Study

Analyisis of Yell Group PLC

...Financial ment Analysis – Yell Group PLC Yell Group PLC is identified by the symbol YELL-LN(C000088901). The company is registered in Great Britain. The company belongs to the publishing industry. It provides classified directory advertising and associated products, and classified telephone directory advertising. Apart from advertising, the directories also contain local and community information and special interest guides. The Group features a web site containing maps, and a personal address book to keep a record of the regularly used businesses. The Group carries classified advertising in a range of media like printed directories, local and national newspapers, and online directories and also provides business and residential... to common...
10 Pages(2500 words)Essay

Vodafone Group PLC

...Order 170148 Vodafone group plc equity investment decision Introduction: This seeks to provide a detailed research report on one of the equity investment decisions that could be made. To accomplish the same, two things will be done. One is to do an applied fundamental analysis showing the financial affairs of Vodafone Group Plc. that demonstrated the strength and weakness of the firm at least past five years. The other one is to do an applied technical analysis based on observations of past price movements of the stock market and individual stocks using charts. 2. Analysis and Discussion 2.1-Applied fundamental analysis (show the financial affairs of Vodafone...
4 Pages(1000 words)Essay

TalkTalk Telecom Group PLC

...TalkTalk Telecom Group PLC The following report is regarding the rules and regulations required to be followed by TalkTalk Telecom Group PLC in order to prepare its annual report. Each country has certain accounting and auditing requirements that are to be followed by the companies operating in that country. However, recently a number of countries have adopted standardized accounting standards developed by International Accounting Standards Board (IASB). The acceptance of a common framework helps the companies in consolidating their accounting information with other branches of the company operating in other countries. TALKTALK TELECOM GROUP...
6 Pages(1500 words)Coursework

BG Group plc Accounting

...An assessment of the Annual Financial Report of BG Group plc Introduction to BG Group plc BG Group plc, formerly called British Gas is one of the world’s largest energy companies focused on natural gas. In 2011, the company had revenues of $ 21 billion and profits of $ 7.3 billion. The three business segments are Exploration and Production (E&P), Liquefied Natural Gas (LNG) and Transmission and Distribution (T&D) (BG Report 2011, pp 4-7). Most of BG plc’s E&P activities are conducted through subsidiaries, associates and joint ventures (BG Report 2011, pp 134-135). This is a common practice in the oil and gas...
8 Pages(2000 words)Coursework

Home Retail Group plc

...Home Retail Group Plc Executive Summary The report on Home Retail Group Plc, covers the analysis and critical evaluation of the company’s environmental audit, the strategic directions and critical assessment of its strategies using the SAFS framework (suitability, acceptability, feasibility and sustainability) (Home retail group 2014) The various analysis methods used to form the final opinion on the market position and competitive edge of the company are the SWOT analysis, PASTEL analysis and Porter’s five principle forces model. INTRODUCTION TABLE OF CONTENT 1.0 Executive summary 2 2.0 Introduction 4 2.1 Strategy...
9 Pages(2250 words)Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Coursework on topic Games Workshop Group Plc for FREE!

Contact Us