Choose any three companies working in the same industry/sector and listed in the UAE stock market. Download the financial statements of the three selected companies for the years 2014 -2015 and complete the following tasks for both the companies over the period specified:

1.            Prepare a common-size and common-base year income statement and balance sheet and comment on them. The common –size should be for the year 2015.

2.            Using ratio analysis, compare and evaluate the financial performance of both the companies.

3.            Analyze and compare the capital structure of both the companies and give your observations on the impact of the capital structure on the profitability and liquidity (return and risk) of the three companies.

Notes:

a.            This is a group project work (each group should be of 3 students). You need to seek my approval before you start.

b.            Submit the list on names of your group with all group members’ signatures a long with the names of companies you want to study before you start.

c.             The companies chosen by any group should not be used by any other group.

d.            For ease of comparison, present all your analysis in tables.

e.            Write notes on how you made your calculations.

f.             Your report should have an introduction, tables of analysis, comments, and a conclusion.

g.            Attach the financial statements of the chosen companies.

h.            Prepare e a power point presentation of your work (6-12 slides).

i.              Assessment scope