Financial Analysis Report: Malaysia Airlines 2007 - 2011

Authors

  • Gilbert O'Neil Mushure Linton University College Malaysia

Keywords:

Malaysia Airlines, Profitability, Cash Flow, Working Capital Management, Gross Margin, Operating Margin, Net Profit Margin, Return on Capital Employed, Trend Analysis, Current Ratio, Quick Ratio

Abstract

This work is an analysis of the annual reports of Malaysia Airlines Berhad from 2007 to 2011. Profitability analysis was done on the financial statements of the company from 2007 to 2011. Cash and working capital management analysis were done on the financial statements of 2010 and 2011. It was found that Malaysia Airlines Berhad was constantly suffering from high costs of operations which resulted in consecutive negative gross profit over the years.Net profit remained positive only as a result of other income, gains and profits from associate companies up to 2011. It was also found that Malaysia Airlines Berhad was in a bad working capital position over the period covered.

Author Biography

Gilbert O'Neil Mushure, Linton University College Malaysia

Qualifications: Bachelor of Accounting Science - University of South AfricaMaster of Business Administration - Linton University MalaysiaCurrent Studies:Ph.D Management (Finance) - Walden University, Baltimore Maryland

References

A promising start 2012 [On-line], Available http://www.malaysiaairlines.com.my/my/en/corporate-info/our-story.html [Apr. 10, 2012]

Malaysia Airlines Berhad 2011 Annual Report CEOs Statement [On-line], Availablewww.malaysiaairlines.com.my[Apr. 10, 2012]

Business Plan 2012 [On-line], Available http://www.malaysiaairlines.com.my/my/en/corporate-info/our-story.html [Apr. 12, 2012]

Malaysia Airlines Berhad - Company Annual Reports2007, 2008, 2009, 2010, 2011[On-line], Available www.malaysiaairlines.com.my [Apr. 12, 2012]

A. Atrill, G. Mclaney, Accounting and Finance for Non- Specialists, 6th ed. Prentice Hall, 2011, pp.7-13

G. Holmes, A.Sugden, A., P. Gee, Interpreting Company Reports and Accounts, 10th ed. Prentice Hall, 2011, p. 25

M. Carey, C. Knowles, J. Tower-Clark, Accounting A Smart Approach, Oxford University Press, 2011, p.11

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Published

2014-09-16

How to Cite

Mushure, G. O. (2014). Financial Analysis Report: Malaysia Airlines 2007 - 2011. International Journal of Sciences: Basic and Applied Research (IJSBAR), 14(2), 148–153. Retrieved from https://gssrr.org/index.php/JournalOfBasicAndApplied/article/view/2692

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Section

Articles