诺森比亚大学：业务财务报告

发布时间：2016-04-26 21:41

Part A部分
1引言在BG集团
BG集团1.1基本信息
总部设在阅读，英国BG集团是英国最著名的跨国石油和天然气公司。作为世界天然气的领导者，，其经营足迹遍及25个国家，位于五个不同的大陆。随着合作与政府和一些机构，BG集团是领先的运营商如天然气勘探、生产的巨大成功，交通运输也供应。
1.2战略
因为是由BG集团透露，其战略是成为一个世界领先的解释和生产（E＆P）和液化天然气有限公司。在细节上，该策略可以分解成若干部分。在E和P和LNG量的强劲增长是第一位的，然后，在高利润的生产，增加，减少资本支出和2015有正的自由现金流是什么BG集团试图实现的，更重要的是，在使用资本和中期现金返还给股东回报的增加是BG集团的战略中不可缺少的组成部分。

1.0 Introduction on BG Group
1.1 Basic information of BG Group
Headquartered in Reading, the United Kingdom, BG Group is one of the most famous British multinational oil and gas firm. As the world leader in natural gas, its operating footprint spreads in 25 countries that located in five different continents. Along with co-operation with government and some institutions, BG Group makes it a great success in leading operating business such as natural gas exploration, production, transportation also supply. 

1.2 Strategy
As is disclosed by BG Group, its strategy is becoming a world-leading explanation and production (E&P) and LNG company. In details, the strategy can be decomposed into several parts. Strong growth in E&P and LNG volumes comes first, then, an increase in high margin production, also, reducing capital expenditure and having positive free cash flow from 2015 are what BG Group tries to achieve, what’s more, an increase in return on capital employed and returning cash to shareholders in the medium term are indispensable parts of BG Group’s strategy.

2.0 Financial analysis on BG Group
2.1 Financial performance analysis on BG Group
2.1.1 Profitability
Profitability is related to credit risk because firms wish to pay interest and repay their debt with cash generated from profits. Generally speaking, the more profitable the firm, the less likely it is to default on its debt, then the better financial situation it possesses. In analysis of profitability, we choose financial ratios such as gross profit margin and net profit margin. Trends of gross profit margin and net profit margin can be described as figure 2-1.
2.1.2 Liquidity
2.1.3 Efficiency
3.0 Conclusion and recommendation
Part B
Summary of main points taken from Part A of the assignment:
 Net profit margin is 0.48% and gross profit margin is 3.66%
 The perspective of current ratio, it decreases from 1.05 in 2008 to 1.01 in 2009 and then increases all the way to 1.44 in 2012
 gross profit margin increased from 65% in 2008 to 77.8% in 2012
1.0 Introduction
2.0 Impression management
2.1 Selectivity of language

2.2 Graphs

............

4.0 Conclusion

Reference List

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5. Appendix
5.1 Appendix A: Computation of financial ratios

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