Bhp
The company I am studying is BHP Billiton, the Australian mining company whose ADRs trade on the New York Stock Exchange under the symbol BHP. The following is an analysis of how its GAAP balance sheet would correspond to an economic balance sheet. The statements are published in Australian GAAP, not U.S. GAAP. To determine the differences would definitely require a keen understanding of Australian accounting principles and the differences between those and U.S. GAAP. Some potential issues arise with respect to the valuation of undeveloped holdings. In the mining business, there are challenges with respect to valuing properties, because the price paid and the economic output can be quite different from one another. Further, the economic output is usually not known until development has begun, yet mining companies often own properties that are not presently in development. Thus, valuing assets at different stages of development is a challenge.
Cash, STI, Cash equivalents
Core Operations
Receivables
Core Operations
Inventories
Core Operations
Other Current Assets
Non-operating net assets
Net property, plant and equipment
Core Operations
Goodwill and other intangible
Non-operating net assets
Investments and advances
Non-operating net assets
Accounts receivable, non-current
Core operations
Deferred non-current accounts
Non-operating net assets
Other non-current accounts
Non-operating net assets
Payables
Debt claims
Long-term debt and capital leases
Debt claims
Deferred liabilities, non-current
Debt claims
Minority interest
Other capital claims
Provisions, long-term
Debt claims
Provisions, current
Debt claims
Current debt
Debt claims
Furthermore, BHP Billiton's income…
Performance Management A comparison case studies practices organisations United Kingdom. You choose specifically focus performance management (PM) high performance working (HPW). Research choose organisations high performance work (HPW) practices. Performance management is a process-centric, holistic approach to company's decision making process that is intended to improve the company's capability and to manage its performance at all levels by combining stakeholders, customers, managers, and suppliers. Many companies rely on performance management to improve
Thus, a broad market index is the best available comparison for the time period studies. CAPM The capital asset pricing model is appropriate for this particular event study. The event is an acquisition by Freeport McMoran of an asset, Phelps Dodge. Many mergers are made for operating synergies, but in this case the move was made for different strategic reasons. Phelps Dodge knew Atticus was going to sell their stake and
Carson, V. (2012). St. George Bank staff's cash windfall. The Telegraph. 3 April 2012. Retrieved online: http://www.dailytelegraph.com.au/business/st-george-bank-staffs-cash-windfall/story-fn7ki9fd-1226317134801 In 2008, the St. George Bank merged with Westpac. In order to retain the core of seven senior executives, who were already being wooed by rivals for their expertise in currency trading and money market management, the then-CEO Paul Fegan offered retention incentives to the tune of up to $50,000. After the merger,
Culture pervasiveness and the difficulty of defining it is one of the reasons why it is attributed for many merger failures. The problem considered in this study was the unstable operating environment that existed following the acquisition of INTEC Engineering by Worley Parsons which was likely caused by differences in organizational cultures. WorleyParsons acquired SEA Engineering in 2007 and INTEC Engineering April 2008 and combined these organizations to form INTECSEA.
In addition, a series of joint ventures in which West German steel firms joined with East German firms and Krupp, Klockner, and Thyssen of Germany was pursuing other developmental initiatives in eastern Europe as well. Likewise, Arbed of Luxemburg was involved in steelmaking facilities in the former East Germany. According to Mangum et al., "The rising market for improved galvanizing for automobiles, appliances, canning, and other uses is producing
Public Relations So what is a business? A business is an organization that operates to generate profits, usually for its owners. Those owners may be a private individual or individuals, a group of individuals who form a partnership, or a wider group of people with a financial interest in the business and its profits because they are shareholders or members. The things a business does to generate those profits are varied.