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Boeing Working Capital

In: Business and Management

Submitted By hectournica
Words 14636
Pages 59
Boeing Working Capital – FI515 Managerial Finance 1

Hector Rueda

TABLE OF CONTENTS

Introduction, Company Overview ………….. ……………………………………… Risk factors …………………………………………………………………………... Boeing Balance Sheet ……………………………….……………………….……….

2 3 4

Boeing income Statement . …………………………………………………….……. 18 Boeing Working Capital………………………………………………………….…… 24 Boeing Valuation.…………………………………………………………….……… 29 Conclusion …………………………………………………………………….…….. 37 References …. ……………………………………………………………………….. 38

Appendix Financial Statements & Ratios..…………………………………………………….. Discounted Free Cash Flow projection …………………………………………….. CAGR ………………………………………………………………………………. Terminal Value …………………………………………………………………….. 40 46 47 47

1

Introduction

William Boeing founded the Boeing in 1916, in the midst of World War I (U.S. Centennial of Flight Commission, 2011). Since then the company just took off to become “world's largest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems. A top U.S. exporter, the company supports airlines and U.S. and allied government customers in 150 countries. Boeing products and tailored services include commercial and military aircraft, satellites, weapons, electronic and defense systems, launch systems, advanced information and communication systems, and performance-based logistics and training” (Boeing 10K).

Methodology We used various sources to gather our information, primary sources as well as secondary, Boeing Corp. website and its financial statements for the years 2011, 2010, 2009, 2008 and 2007. We use the Internet to collect and process historical events about the company profile as well industry in which is operating. Also we are using different analytical tools, such as descriptive tool, graphs, charts, ratios, to get a better and deeper knowledge of the company.

Company overview 

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