Metka's Financial Evaluation
1/9/2013
Critical Analysis of Financial Efficiency
METKA T. A. 2007-2011
Group Task for ‘Accounting & Economic Reporting' training course Professor: Mister. Apostolos Ballas
Project Group
Karathanos Panos
Korovesis Loukianos
Moutsiou Elpida
Polydoros Nikos
PT 12-15 YEAR 2013-2014, ATHENS 07/01/2013
TABLE OF CONTENTS
1 ) COMPANY'S PROFILE AND BACKGROUND...................................................................... 2 installment payments on your INTERPRETING ACCOUNTING INFORMATION........................................................ almost 8 3. CREDIT REPORTING & INTERPRETATION SALES EARNINGS, RECEIVABLES AND CASH.............. 13 4. CREDIT REPORTING & INTERPRETATION COST OF PRODUCTS SOLD AND INVENTORY................. 12-15 5. PROPERTY, PLANT & EQUIPMENT........................................................................ 18 6. REVEALING & INTERPRETING LIABILITIES............................................................. twenty-one 7. REVEALING & INTERPRETING OWNERS' VALUE................................................... 24 almost 8. STATEMENT OF MONEY FLOWS............................................................................... 25 9. FINANCIAL RATIOS EXAMINATION 2007 – 2011............................................................ 26 10. CONCLUSIONS.................................................................................................... 35 10. REFERENCES....................................................................................................... thirty six 12. ANNEX: FINANCIAL STATEMENTS........................................................................ 36
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1 . Business Profile and History
METKA, from its establishment in 62 in Nea Ionia, Volos in Central Greece, offers followed a steady path of growth, with particularly dynamic development in recent times. METKA's manufacturing plant for material constructions commenced operation in 1964 and in 1973 the business was on the Athens S tock Exchange. In 1980 METKA absorbed the technological contracting company TECHNOM H. A., further more developing the capability to undertake and apply major projects. In 1989 the acquisition of Servisteel SA. took place, adding an advanced development plant to get th elizabeth first phase of architecture to the provider's existing manufacturing infrastructure. Over July 1998 through to January 1999, Mytilineos Holdings S. A. little by little acquired a controlling affinity for the company. After this acquisition the company's subsequent talk about capital embrace December 1999 enabled METKA to further build its functionality through the purchase of stakes in established businesses with contrasting activities to people of METKA. During the period through to 2002 the acquisitions were finished, significantly improving METKA's ability to provide a wider range of services and complete alternatives in the Energy sector. In almost 5 decades of procedure, METKA features specialized in creating very challenging and highvalue added jobs in all 3 areas of activity, projects that demand the application of edge cutting technology. By simply continuously growing its technological know-how and organization, METKA is internationally renowned as being a company it is in place to deliver major projects towards the highest quality specifications.
METKA has constantly developed its specialized know-how and organizational features, allowing it to successfully complete steadily more strenuous projects inside its selected markets of Energy, Infrastructure and Defence. Through continuous purchases of its staff and tools METKA has consistently provided extremely challenging projects to the highest technical standards. Coming from relatively simple metal constructions in the early years, METKA today is an existing EPC Builder and industrial manufacturing group. In the Strength sector METKA has built upon its substantial background in construction and manufacturing of kit for electrical power generation vegetation, to become a particular EPC Company with verified capability in turn-key delivery of energy production...