ICI Pakistan Analysis of Financial Statements | Years 2001-2010| Submitted to Maqbool ur Rehman Course FacilitatorIOBMSubmitted by Saad Ashfaq2008-1-02-9011Dated : thirtieth April, 2010| | Executive Summary ICI Pakistan now part of AkzoNobel Group is a comp any engaged in five core businesses viz. paints, chemical, polyester, Soda ash and life sciences. The conjunction has had a jaunty good fiscal operation in last decennary long time. The revenues, gross wampum, net profits have alto compassher increase substantially. On the other hand the financial charges in circumstance along with other expenses have reduced e very(prenominal)place the years. companionship has had real good specie flows as good. The fantastic cash in hand has increased as comfortably that should be a worrying sign for the company and company should wipe out initiatives to make dear us of this swig surplus cash. The un-appropriated profits and reserves have withal travel out of propo rtions as company has been paying out lesser dividends over the years with intention to make use of these reserves in prospective investments. The general economic scenario of the whole conception is currently very depressed but Pakistan is among those countries which have very much asleep(p) into economic isolation.
The economic activities in Pakistan have keep an eye on to more or less what halt though a corporate giant the likes of ICI Pakistan is an exception to that. The purchasing power of the leafy vegetable people is declining and at same time unemployment is rising. In such(prenominal) a risque state of economy it is very tricky to predi! ct any rising moves of the company and to anticipate the future outlook of the economy. Having give tongue to that looking at the foregone 10 years performance of ICI Pakistan it is very much anticipate that the company will effect big strides forwards in future as well. be a part of Dutch giant AkzoNobel will also help the company in continuing its good financial performance in attack years as well both as a group on world-wide arena as well as in Pakistan. sidestep of Contents E xecutive summary2...If you want to get a full essay, order it on our website: OrderCustomPaper.com
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