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Flight Centre Analysis

In: Business and Management

Submitted By rinu13ab
Words 6887
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5/23/2013 | By Peou Prak, Rina Nugraha, Alice Yang | Flight Centre Limited | Flight Centre Limited Fundamental analysis |

Flight Centre Limited | Flight Centre Limited Fundamental analysis |

Contents

Objective 3 Introduction 3 Business and Strategy Analysis 4 Accounting Analysis 12 Financial Analysis 16 Prospective Analysis 18 Conclusion and Recommendation
Appendices………………………………………………………………………………………………………………………………………26-31
No table of contents entries found.

1.0 Objectives
The purpose of this report is to provide a fundamental analysis of Flight Centre Limited (Ltd) and provide recommendation for investors wishing to invest in this company. The recommendation was made based on a number of critical assumptions hence it should be evaluated very carefully as results can significantly differ depending on the assumptions provided. The four main sections discussed in this report include: * Business Strategic Analysis - this opening section provides a brief overview of Flight Centre’s business activity and analyses the travel and leisure industry. It also provides an insight into FLT’s corporate strategy and more importantly it discusses the impact of these external and internal factors on FLT’s profitability in the future. * Accounting Analysis - Includes an analysis of the key accounting policies of FLT and explains these policies are critical to FLT’s success. It also compares the policies applied by Flight Centre with its main competitor Jetset travel. * Financial Analysis - Provides an overview of Flight Centre’s financial performance over the past three years by presenting relevant ratios and also compares these ratios with Jetset Travel. It then offers an interpretation of these ratios and evaluate the company’s cash flow position.

* Prospective Analysis - Forecasts on balance sheets, income statements and free...

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