Select any two public listed companies in the Australian Stock Exchange ASX and then write a report to evaluate their financing sources, by using their latest financial statements (annual reports of 2016 and 2017) and relevant research materials if necessary.

Hint: The two companies can be from the same industry (Coles v.s. Woolworths) or from different industries (ANZ v.s. BHP Billiton).

You have to be clever and pragmatic on selecting the company. It has to be large, substantial and must have available information for desk research. You are required to explore and collect information on the company to complete this assignment. Additional research is also required for this written report.

It is highly expected from you to purport the following perspective of the report: a. Introduction of the two selected companies Company's name Establishment year Main activities Products or services Organizational structure . Business achievement b. Identification and evaluation of the companies' financing sources FOR EACH COMPANY Identify correctly all financing sources of the company: leverage, equity issuing Describe in details of the company's financing sources were given i. Short term debt, intermediate term debt, long term debt ii. Equity: ordinary share, preference share, redeemable share, management share. Analyse the capital structure, and important financial ratios Relate the company's financing structure and its financial reporting framework with the nature of its business and with nature of the overall financial market condition. c. Analysis and comparison of the companies' financing sources Identify and explain clearly the similarities and differences between the two companies' financing sources and financial reporting framework Provide possible reasons for the differences and similarities in their financing sources and financial reporting framework. d. Summary of interesting findings and any recommendation/prediction Summarize and present FOUR significant points of the discussion topics in your report in a coherent manner Provide recommendation or forecast. It is highly expected from you to purport the following perspective of the report: a. Introduction of the two selected companies Company's name Establishment year Main activities Products or services Organizational structure . Business achievement b. Identification and evaluation of the companies' financing sources FOR EACH COMPANY Identify correctly all financing sources of the company: leverage, equity issuing Describe in details of the company's financing sources were given i. Short term debt, intermediate term debt, long term debt ii. Equity: ordinary share, preference share, redeemable share, management share. Analyse the capital structure, and important financial ratios Relate the company's financing structure and its financial reporting framework with the nature of its business and with nature of the overall financial market condition. c. Analysis and comparison of the companies' financing sources Identify and explain clearly the similarities and differences between the two companies' financing sources and financial reporting framework Provide possible reasons for the differences and similarities in their financing sources and financial reporting framework. d. Summary of interesting findings and any recommendation/prediction Summarize and present FOUR significant points of the discussion topics in your report in a coherent manner Provide recommendation or forecast