Professional Documents
Culture Documents
Presentation
WORLDCALL
• The property
plant and equipment
increased in a
constant mode
which is as a result
of expansion.
• Intangible
assets got shorter
life than property
plant and equipment
that’s why there is
decline in intangible
assets due to expiry.
Current Assets Current assets
Comparing current assets performance
•The
performance
of the
company in
trade debt is
constant.
Company is
maintaining
an average
under five of
total assets.
•The company
got only 10 %
of cash in
2005 of total
assets and
showing
decreasing
pattern.
Total Liabilities
Distribution by Proportion
2008 percentages 2007 percentages 2006 percentages 2005 percentages
•Finance cost
accrued is
increasing.
•
Operating Activity
Profit before working capital
208^207 207^206 206^205
Total change in
capital
34.2 (87) (132 )
•The negative sign
Stock in trade 61 . 3 37 . 7 98
shows that the
Trade debt .18 21 . 9 ( 57 . 2 ) most of the
current assets are
increasing at
higher speed
•
Change in Working Capital Why Working Capital
Profit before working capital Increase/Decrease
2008v2007 2006v2007 2006v2005 •Firstly the inventory
Sales 4.3 (1) 84
level is related to
Stock in trade 61 . 3 37 . 7 98 Sales. In worldcall
case the sales is
not increasing but
inventory is
increasing.
•
Net cash from operating activities
Dividend, Interest and Tax •Tax paid is decreasing
2008v2007 2006v2007 2006v2005
because they are
Finance cost
not having much of
96.4 (95.4) 84.6
paid
Tax paid 28.9 32.8 97
a profit
Finance cost 96 . 4 ( 95 . 4 ) 84 . 6
•The finance cost paid
Finance cost 31.9 23.8 84
decrease not
accrued
because they retire
their debt. Because
they increasing the
liability side
•
•
Investing activities Why
Investment in Assets InvestmentsIncrease/Dec
2008v2007 2006v2007 2006v2005 2005 •Therease
investment in
Fixed capital (14.8) 37.7 4.5
Fixed assets
expenditure
Intangible (1,231,197) increase because
assets
they have to build
Total Change (2,312,057) (2,151,748) (1824759) (3,000,776)
in investments infrastructure to
cover the area.
•Worldcall invested in
Intangible assets in
2005 only in other
years the
investment is
negligible
•They invested so
heavily in fixed
assets that why
Total change in
investment is in
negative.
•
Financing activities Why Financing
Long Term Debt and Share Capital Increase/Decrease
2008v2007 2006v2007 2006v2005 2005 •Share capital has no
Receipt of long 97.7 %
term finance
(97) % 61.8 % effect because
they are
Repayment of
long term
82.8 % 76.1 % 86 % converting their
finance existing debt into
Total Cash
from
2,030,930 (238,848) 1854416
(200)
3,124,529 shares and it is a
financing
activity
non cash
transaction and
they cancel out
each other effect.
•The worldcall
growth is not
sustainable. They
have to expand to
stay in the
business. They
didn’t have the
resources So they
are expanding
through debt.
Financing activities
Long Term Debt and Share Capital
Why Financing
Receipt of long
2008v2007
97.7 %
2006v2007
(97) %
2006v2005
61.8 %
2005 Increase/Decrease
term finance
•
Show me the money Why Cash
Net cash in hand Increase/Decrease
2007V2008 2006V2007 2005V2006 •The total cash is
Net Increase or 165 (413) (32)
decrease in cash decreasing from
Total cash in hand 2127 (97) 109 2005 to 2007 and
stabilize in 2008
Cash from merged 252315 because of lower
entity
investment.
•Total net cash
increased from
2005 to 2007. Not
because of the
cash added from
the previous years.
Because of the
cash added by
merged entity. Not
from the actual
operation of the
company.
•
•
THANKS FOR LISTENING
•