You are to obtain the Annual Report and Accounts (financial year ending December 2010) for a fully quoted UK company in either:
• A public quoted property company
• A public quoted construction company
• A firm of Chartered Surveyors who has ‘gone public'
Please provide a report that contains the following:
1) Key drivers and strategy of the business and how they have affected or may affect the future performance of the company (15%)
2) Analyse the chosen set of accounts and produce a critical analysis of the company's performance and profitability over the last 3 years. It is your choice how you analyse the above, but it should include at least one ratio of each. Supply a definition of your choice of ratios. Also include what measures you would expect the company to perform in order to improve these. (20%)
3) Capital and debt structure of the business and any significant changes to this over recent years (15%)