An Appraisal of Alliance Bags Limited

Abstract

The main purpose of this report is to analyze the financial position of a company from the data and ratios presented in the annual financial report and also to appraise its principal activities. Accordingly, various measures have been used to determine the current and exact financial condition of the company. The company under scrutiny is Alliance Bags Limited (ABL). This report contains an appraisal of financial Performance and Principal Activities of Alliance Bags Limited. The period chosen for this analysis is Financial Years 2003-2007. The methods undertaken for this appraisal includes the overall study of Alliance Bags Limited by analyzing its financial performance and principal activities. This included direct comparisons of the data from distinct topics of the financial statements published in the Annual Reports. Different parts of the annual report was analyzed and growth percentages of five financial years were conducted for every area to show the overall growth of the company. This report has complemented the textual aspect of the course with an empirical experience. Working on this report was interesting and has given a unique and excellent experience of working in real-life situations.