StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

CASE STUDY - Essay Example

Comments (0) Cite this document
Summary
A) With reference to the financial data in extract (b) comment on the Group’s profitability, investment levels and debt position. Based on your response to these questions, was it inevitable that Railtrack would collapse? If so, why? If not, why not? Railtrack Group Plc.’s financial data is reviewed and interpreted for the period of five years to 31 March 2001 to assess its profitability, investment levels and debt position…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER92.4% of users find it useful
CASE STUDY
Read Text Preview

Extract of sample "CASE STUDY"

Download file to see previous pages m to 199 ?m). Between 1999 and 2000, the profits before tax decreased slightly from 421 ?m to 360 ?m although there has been no change in the same. But the profits before tax payments has decreased considerably for the company between 2000 and 2001, from a profit of 360 ?m to a loss of 534 ?m. Further, during the same five year period, the company’s investment in infrastructure almost doubled from 4,625 ?m to 8,841 ?m, its credit value increased almost 3 times from 420 ?m to 1,356 ?m but its provisions almost halved and its debt increasing by almost 7 times from 522 ?m to 3,480 ?m in the same period. These values and trends indeed represent a complex economy as it can be seen that in addition to the company’s sliding profitability at the end of the five year period, the regulatory constraints too seem to have taken a toll on its profitability, in turn affecting its provisions and its capability to invest in future by banking on its capital market. Lack of effective strategies to tackle the changing market environment in terms of capital, infrastructure, innovation, operations, etc. have also affected the company’s profitability in the long run. ...
In 2001 the company made a loss but the dividend was paid. Why should the company feel it necessary to make such a payment? The company has maintained a dividend payment of 26.9 p through 2001 from 2000 although it made a loss of 534 ?m during the same period. First, the decision of the board to pay the dividend was to keep both its stakeholders and shareholders happy as this could help the company become more competitive in the market place while still attracting capital in spite of its poor performance in the recently concluded year. Also, considering it to be the end of the first five year control period, the company needs to cater to the interests of its shareholders as much as there is a need to attract passengers and freight to sustain in the long run. And with the company running short on investment and poor performance leading to more regulatory constraints and lesser competitiveness, the company runs the risk of alienating its investors in the second five year control period. Also, the company needs to attract more capital to be able to improve its assets, performance, and rail network maintenance, foster innovation and competitiveness among its franchisees and sustain the positive trend in the passenger and freight incomes. Giving a dividend of 26.9 p is also necessary to project a positive impression and a sense of control among its shareholders as well as its other stakeholders particularly after the fatal accidents in 1997, 1999 and 2000. In spite of the under investment, poor performance and the lack of effective strategies, the company still required to pull on into the next control period as the agreed government grants and the ?2 billionn facility loan availability give it scope to adjust its debt record and improve its ...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“CASE STUDY Essay Example | Topics and Well Written Essays - 750 words”, n.d.)
Retrieved from https://studentshare.org/other/1395188-case-study
(CASE STUDY Essay Example | Topics and Well Written Essays - 750 Words)
https://studentshare.org/other/1395188-case-study.
“CASE STUDY Essay Example | Topics and Well Written Essays - 750 Words”, n.d. https://studentshare.org/other/1395188-case-study.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF CASE STUDY

Employment Law: Simpson v AFS and Tom Barnes Case

What is usually required is that the person vicariously liable has in some manner conceivably authorized the conduct giving rise to the tort. There are three circumstances in which one person may be held vicariously liable for the misconduct of another.1 They are:

1. A master/servant relationship such as an employer/employee. In these types of relationships, the master is liable for the misconduct of an employee provided the latter is acting in the course of his or her employment.

On the facts of the case for discussion, the vicarious liability involved turns on the master/servant or employer/employee relationship. The general rule is that it is the nature and circumstances of the actual employment that justi...
13 Pages (3250 words) Case Study

Analysis of Lemuel Shaw 1830 Roberts v. The City of Boston Case

In 1801, Lemuel Shaw started studying law and was admitted to the bar in September 1804; after which he started practicing in Boston. Slowly his practice became large, however, he also served as the adviser of several commercial enterprises. Not only that, he held many public positions, from 1811 – 1814, as well as in 1820 and 1829, he was a member of the Massachusetts House of Representatives, during 1820 he also was a member of the constitutional convention, while in 1821 –1822, he served as a state senator. He was offered the position of Chief Justice of the Massachusetts Supreme Court; after being so appointed in 1830, he served there for 30 years, till August 21, 1860, when he resigned. He had four children from t...
7 Pages (1750 words) Case Study

Analysis of Trust Law Case

Once the court is satisfied that the “declarant had the requisite intention it will strive to validate it.”3 Certainty of intention will therefore be the most important element for determining whether or not the letter constitutes an enforcable trust.

Assuming that the trust held by the trustees under the father’s will trust in favor of Sally and the trust agreement in respect of the horse are valid trusts the question of cetainties are not valid except to the extent that a new trust is created in favor of Sally’s children and thereby extinguishing the previous trusts. This is particularly so with respect to the will trust. The trust agreement over the horse only involves the disposition of a ben...
7 Pages (1750 words) Coursework

Analysis of the Case of Hickman v Kent or Romney Marsh Sheepbreeders Association Ltd

There were several basic legal provisions that gave direction to the formation of a company in the United Kingdom. It has its original foundation in 1844 when the Joint Stock Companies Act1 1844 was formulated. It has given regulations for facilitating the formation of companies by "deed of settlement". Gradually, the shareholder concept was initiated in 1855 by the general incorporation procedure in the name of Limited Liability Act2 1855. This has offered limited liability to shareholders and provided identification to the company as a separate legal persona. The doctrine of limited liability postulates that a company shall be liable for the debts that it incurs, and even if it undergoes closure for any grounds, creditors cannot...
6 Pages (1500 words) Case Study

Operating in India: The Case of Exceed Corporation

On the other hand, it would be required that the firms interested to operate globally can meet the demands of the market in which they plan to enter.

In the case of India, the operation of foreign firms across the country is related to a series of problems. More specifically, private – driven commercial activities cannot be expanded further from a pre-defined framework: there are commercial activities in the country that belong to the exclusive administration of the government and they are conducted by state-owned enterprises. India is a country of low income (referring to the income of the vast majority of its population which is estimated to be approximately 1,165,577,000 in accordance with a recent report publishe...
18 Pages (4500 words) Case Study

Country Study: Mali

The territory of Mali has had a great history. We have been centers of the Ghana Empire, the Mali Empire, and the Songhai Empire for about six centuries. Thereafter, during the 17th and 18th centuries, several small states developed along the Niger basin, but they fell during the holy war waged by Muslim leader Al-Hajj Umar, whose kingdom extended from Timbuktu to headwaters of Niger and Senegal. His successor, Ahmadu was defeated by the French in 1860. (http://us-africa.tripod.com /mali.html)

As is well-known, we have had a turbulent past. We were a French colony for 80 years until we achieved independence. Now we are a multi-party democracy with Presidential form of Government. While the executive power rests with the...
6 Pages (1500 words) Case Study

The Case of R v Turnbull

The defendants planned to rob a bank’s customer deposits in the bank’s safe by posting a notice diverting the dropbox to another location, which they planned to burgle. Several customers did, in fact, drop their wallets loaded with money into the dropbox, however, one customer was suspicious and alerted the police. The strength of the prosecution’s case rested on the visual recognition provided by a police constable who clearly saw one of the defendants removing a sign from the bank premises and recognized him. On this basis, the court of appeal concluded that the appeal of the defendants could not stand. It was held that if visual identification had been the only evidence, the outcome would not have been definit...
10 Pages (2500 words) Case Study

Analysis of OReilly v Mackman Case

Judicial review is a concept which is constitutionally undecided as it on one side, it shores up the rule of law, democracy, and pre-eminence of parliament by facilitating the courts to check the boundaries of government authority and on another side, the courts are open to the decision on the plants based on the fact of separation of authorities that are intimating with the verdicts of democratically elected institutions. Judicial review is not apprehended with the virtues of government assessment but deals with whether the deciding authority has remained within the legal boundaries and whether broad principles of rationality and fairness adhere. The constitutional basis of judicial review is debated as one view holds that it is...
8 Pages (2000 words) Case Study

Analysis of Tourism and Hospitality Law Case

 The main issue that needs to be tackled first is whether there is a valid contract between Richard Brat, carrying on trade as Brighton Greens, (buyer) and Molly and Kelly trading in First Grade Granny Smith apples as Holy Farm.

Apparently, there was, when considering their verbal and written mail sent by Richard to Holy Farm on August 1 reading as follows –“Please deliver 20 boxes –Granny Smith ‘Brighton Greens’. Cheque mailed.“

It may be seen that the mail order does not specify the category or grade of apples to be supplied, but one of the implied conditions of sale could be that the goods ordered need to correspond with the goods inspected and tested.

In th...
8 Pages (2000 words) Case Study

Case of Dementia Patient

This standard requires everyone to take care and control of any activity that is ought to happen or be done by dementia patients as their personal responsibility. The client being Mr Paul is likely to suffer a high head concussion or even a sudden death. Dementia patients don’t have control or clear conscience on the act they do when they feel frustrated, the organization where he was as likely to suffer from poor operation and an eventual closure due to poor treatment of clients.
Quality standards cover the care and support to people living with dementia. The standard applies to all social care settings and services working with caring for people with dementia. The standards also extend to cover care provided by health...
9 Pages (2250 words) Case Study
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 Essay on topic CASE STUDY for FREE!

Contact Us