Students are required to do a detailed analysis of the financial statements of a public

listed company. Please follow the instructions given below.

$$ Selected COMPANY IS haycarb PLC $($www$.$haycarb.com$)$ and download annual reports for the last five years at least.

$$ Carry out an analysis covering the following areas but not limited to them.

o Economic, Industry and Business Analysis

o Trend Analysis

o Analysis of business operations

o Reformulation of financial statements.

o Analysis of profitability

o Growth Analysis

o Accounting analysis and quality of information

o Cash flow analysis

o Credit Analysis

o Financial statement forecasting

o Valuation

$$ An executive summary

$$ Introduction$/$ Background of the analysis

$$ Outcome of the Analysis and Discussion

$$ Conclusion