Ch. 1 Corp Annual Report - Target

In: Business and Management

Submitted By akbinegar
Words 1739
Pages 7
Note to the user:
This Word document provides a structured template for preparing your responses to the questions in the annual report project. If you did not purchase the workbook you are not permitted to use this template.

INTRODUCTION TO THE CORPORATE ANNUAL REPORT:

A Business Application with IFRS Content
3rd edition

Copyright 2011 by Applied Accounting Analytics. All rights reserved. Reproduction or translation of this book beyond that permitted by the applicable copyright law without Applied Accounting Analytics’ permission is prohibited. Requests for permission to reprint or for further information should be directed to bstanko@luc.edu or tzeller@luc.edu.

ISBN: 978-0-9841839-2-0 To be completed by the student and submitted with the completed annual report project according to your instructor’s requirements.

Complete the following before you submit your assignment. This step is required to validate your compliance with sections 107 or 108 of the 1976 United States Copyright Act.
1. Remove the front cover of the workbook and identify:
Student Name:ASHLEY K BINEGAR

Term: SPRING 1 2011 Selected Company: TARGET

Instructor:

2. Print your completed electronic template. 3. Attach the following:
• This page completed with all required information.
• Completed Word template. Template boxes expand as you input responses. Adjust page breaks as necessary to submit a professional representation of your work.

CHAPTER 1 - INTRODUCTION
Select a Company and Gather Documents
Chapter 1: Select a Company and Gather Documents – Question 1
Identify with an “X” the primary source of data for this project. Annual report to shareholders
X Annual report to shareholders with a letter from Chief Executive Officer and SEC Form 10-K as part of the annual report to shareholders. The annual report may include additional…...

Similar Documents

Annual Report

...improving our processes in We aim to be a global leader with the right people for the right jobs. We promote inclusion and team work, deriving benefit from the rich diversity of the cultures, ideas, experiences and skills that each employee brings to the business. order to prevent pollution, minimise waste, increase our carbon efficiency and make efficient use of natural resources. We will develop innovative solutions to mitigate environmental and climate risks. Overview and strategy Scope of report Key features of the year Corporate profile Strategy Financial review One-year forecast – 2012 Five-year summaries Review of operations South Africa Continental Africa Americas Australasia Project review Global exploration Mineral Resource and Ore Reserve – a summary Chairman’s letter – Audit and Corporate Governance Committee Risk management and risk factors Corporate governance Directors’ approval Secretary’s certificate Report of the independent auditors Directors’ report Remuneration report Group financial statements Company financial statements Principal subsidiaries and operating entities Non-GAAP disclosure Glossary of terms and Non-GAAP metrics Abbreviations Shareholder information Administrative information P2 P4 P8 P10 P12 P21 P22 P26 P30 P50 P70 P84 P88 P94 P104 Review of the year Governance and compliance P109 P113 P140 P150 P150 P151 P152 P165 P180 P278 P308 P309 P316 P322 P323 IBC Financial statements Other Forward-looking......

Words: 149499 - Pages: 598

Annual Report

...Form 20-F 2011 Nokia Form 20-F 2011   As filed with the Securities and Exchange Commission on March 8, 2012. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2011 Commission file number 1-13202 (Exact name of Registrant as specified in its charter) Republic of Finland (Jurisdiction of incorporation) Nokia Corporation Keilalahdentie 4, P.O. Box 226, FI-00045 NOKIA GROUP, Espoo, Finland (Address of principal executive offices) Riikka Tieaho, Director, Corporate Legal, Telephone: +358 (0)7 1800-8000, Facsimile: +358 (0) 7 1803-8503 Keilalahdentie 4, P.O. Box 226, FI-00045 NOKIA GROUP, Espoo, Finland (Name, Telephone, E-mail and/or Facsimile number and Address of Company Contact Person) Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934 (the “Exchange Act”): Title of each class Name of each exchange on which registered American Depositary Shares Shares (1) New York Stock Exchange New York Stock Exchange(1) Not for trading, but only in connection with the registration of American Depositary Shares representing these shares, pursuant to the requirements of the Securities and Exchange Commission. Securities registered pursuant to Section 12(g) of the Exchange Act: None Securities for which there is a reporting obligation pursuant to Section......

Words: 149449 - Pages: 598

Assignment 1 Annual Report Project

...Annual Report Project Tiffany Mullins Professor Aisha Meeks Accounting II March 2nd 2013 Ace Hardware Fiscal Year 2011 Ace Hardware was founded in 1924 by a small group of Chicago hardware store owners, Ace changed the retail landscape by allowing individual stores to purchase merchandise in bulk to save money and buy at the lowest possible price enabling the smaller retail stores to compete with the larger competition in their market. Ace Hardware was a privately held company until 1976 when it became a retailer-owned cooperative in which each store is owned and operated by local entrepreneurs. Ace hardware is currently the largest retailer-owned cooperative and a leader in the convenience segment of the hardware industry. Ace’s store generates annual retail sales of approximately $12 billion with 4,600 stores operating in more than 60 countries. The guidelines and management of Ace Hardware is established by Ace’s Board of Directors. With positions of anywhere from 9-12 on the board there is a minimum of eight that must be retailer directors and a maximum of 25% of the directors may be non-retailer directors. A system of internal accounting controls are maintained by the company and are supported by an internal audit program which safeguards the company’s assets and assures properly recorded transactions. The current financial position of the Ace Hardware Company is positive. The financial statements show this company is growing and will continue to grow.......

Words: 659 - Pages: 3

Annual Report

...EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) È ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2012 OR ‘ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 000-50726 Google Inc. (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation or organization) 77-0493581 (I.R.S. Employer Identification No.) 1600 Amphitheatre Parkway Mountain View, CA 94043 (Address of principal executive offices) (Zip Code) (650) 253-0000 (Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Title of each class Name of each exchange on which registered Class A Common Stock, $0.001 par value Nasdaq Stock Market LLC (Nasdaq Global Select Market) Securities registered pursuant to Section 12(g) of the Act: Title of each class Class B Common Stock, $0.001 par value Options to purchase Class A Common Stock Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes È No ‘ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ‘ No È Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities......

Words: 52179 - Pages: 209

Target Corp

...Target is one of the leading retail companies in the United States. Target is constantly trying to provide greater value for customers versus their competitors Walmart and Cosco. The only way Target can keep customers coming back is through competitive advantages. Target uses guest services as one of their top resources to improve competitive advantage. Using even simple resources such as guest call buttons, price check, and online surveys help to find the needs of the costumers. A recent study Target has indicated is a lot of customers that go out on quick trips do not want to wait in lines or navigate challenges. In reaction Target is opening a TargetExpress in downtown Minneapolis near the University of Minnesota. The store will carry everyday essentials and the new format will help Target further their competitive advantage. (Target, 2014) Offering expect more, pay less is only one of Targets strategies. One of their sustainable competitive advantages is their brand or bullseye logo. Target sets themselves apart from other competitors by using this logo. Many people know exactly what the red bullseye means. This is extremely beneficial to targets marketing and advertising campaigns. Along with their logo the Target bull dog catches many people eyes in flashy commercials. With having such a simple yet affective logo it is easy to plaster it onto gift cards, and credit cards. This gets many people into the store just by looking into their wallets. Target also has a......

Words: 514 - Pages: 3

Target Corp

...Lukas Stump 905556475 Assignment 8 Asset valuation 4244 Assignment 8 1) The alternative that would be best for the company to choose is the second project. After using the replacement chain because the projects do not have the same life the NPV gave us a clear conclusion. Even though this problem is cost based and not based on revenue you would still take the NPV project that has the lowest NPV or associated cost. Project 2 actually had positive free cash flow for the years that were not a reinvestment or replacement chain year. 2) After analysis of the firm and manufacturing the container I have calculated that the price to be charged for each of the 28000 containers is 42 dollars. This would be the break even point from where the present value of the free cash flows is divided by the number of containers needed sold. Inflation has an effect on the rise in price due to labor and materials. At this price the firm will earn no profit but if they charge a little higher anything over 42 dollars is all profit. ( excel sheet ). Net working capital being reclaimed benefited the price as well. Problem B 1) This problem for worldwide paper has a lot of relevant cash flows. Net working capital is a huge part of this project totaling 18 million and 16 million in the first year with the last 2 million spread out between 2 years. Revenues increase From 4 million in 2008 to 10 million in 2009 all the way up to 2013. This could be tapping a new market and......

Words: 656 - Pages: 3

Annual Report

...ANNUAL REPORt 2011 Johnson & Johnson will continue to bring meaningful innovations to people around the world so they can live better and healthier lives. We are deeply committed and dedicated to the people who use our products, our employees, the communities in which we live and work, and you, our shareholders. Most important, we will never lose sight of who we are. ON tHE COVER Matt Cox, who has type 1 diabetes and uses the waterproof ANIMAS® VIBE™ insulin pump, swam an English Channel relay to raise money for the Juvenile Diabetes Research Foundation. Matt wants to show his son, Jack, who also has type 1 diabetes, that the condition need not hold him back in life. Read Matt’s story on page 16. CHAIRMAN’S LETTER To Our Shareholders hroughout our annual report this year, you’ll read the severe economic decline; the tightening of consumer about how Johnson & Johnson is bringing meaningful spending and health care budgets; over-the-counter (OTC) innovation to our patients and customers, and making product quality issues at McNeil Consumer Healthcare and a difference in their lives in a personal way—from the recall of the DePuy ASR™ Hip System. Brunhilde Wecker, who made a full recovery from her stroke Our company was severely tested. thanks to our new blood clot retrieval and removal device, In managing through this stretch, we relied heavily on the resolve to our own Bill Hait, an oncologist whose vision and insights of our people and on our time-tested......

Words: 55630 - Pages: 223

Annual Report

...ANNUAL REPORT 2013 CONTENTS Chairman’s Review Managing Director’s Review Financial Results Board of Directors Senior Management Corporate Governance Statement Financial and Statutory Reports Directors’ Report Financial Report Income Statement Statement of Comprehensive Income Statement of Financial Position Statement of Cash Flows Statement of Changes in Equity Notes to the Financial Statements 1. Summary of Significant Accounting Policies 2. Segment Reporting 3. Revenue 4. Income Statement Disclosures 5. Income Tax Expense 6. Cash and Cash Equivalents 7. Trade and Other Receivables 8. Inventories 9. Other Financial Assets 10. Investment in Joint Venture Entity 11. Investments in Bottlers’ Agreements 12. Property, Plant and Equipment 13. Intangible Assets 14. Impairment Testing of Investments in Bottlers’ Agreements and Intangible Assets with Indefinite Lives 1 2 3 4 6 7 14 14 59 59 60 61 62 63 64 64 72 74 74 76 77 78 79 79 79 80 81 82 83 15. Trade and Other Payables 16. Interest Bearing Liabilities 17. Provisions 18. Deferred Tax Liabilities 19. Defined Benefit Superannuation Plans 20. Share Capital 21. Shares Held by Equity Compensation Plans 22. Reserves 23. Employee Ownership Plans 24. Dividends 25. Earnings Per Share (EPS) 26. Commitments 27. Contingencies 28. Auditors’ Remuneration 29. Business Combinations 30. Key Management Personnel Disclosures 31. Derivatives and Net Debt Reconciliation 32. Capital and Financial Risk Management 33. Related Parties 34. CCA......

Words: 65942 - Pages: 264

Annual Report

...Annual Report and Form 20-F 2013 bp.com/annualreport Building a stronger, safer BP Who we are BP is one of the world’s leading integrated oil and gas companies.a We aim to create long-term value for shareholders by helping to meet growing demand for energy in a safe and responsible way. We strive to be a world-class operator, a responsible corporate citizen and a good employer. Through our work we provide customers with fuel for transportation, energy for heat and light, lubricants to keep engines moving and the petrochemicals products used to make everyday items as diverse as paints, clothes and packaging. Our projects and operations help to generate employment, investment and tax revenues in countries and communities around the world. We employ more than 80,000 people, mostly in Europe and the US. As a global group, our interests and activities are held or operated through subsidiaries, branches, joint arrangements or associates established in – and subject to the laws and regulations of – many different jurisdictions. The UK is a centre for trading, legal, finance, research and technology and other business functions. We have well-established operations in Europe, the US, Canada, Russia, South America, Australasia, Asia and parts of Africa. a On the basis of market capitalization, proved reserves and production. Annual Report and Form 20-F 2013 bp.com/annualreport Front cover imagery Our second BP-operated development in Angola consists of four oil fields – Plutão,......

Words: 227661 - Pages: 911

Annual Reports

...Annual Report 2014 Our customers are at the core of our business Myer strives to be customers’ number one destination when it comes to fashion, cosmetics, and the home. Our strategy provides a clear direction for us to continually delight our customers when they engage with us, whether it is in a store or online. Contents Chairman and CEO Report Page 04 Directors’ Report Page 42 Operating and Financial Review Page 06 Remuneration Report Page 47 Sustainability Page 22 Financial Report Page 68 Board of Directors Page 26 Auditor’s Independence Declaration Page 114 Management Team Page 28 Independent Auditor’s Report Page 115 Corporate Governance Statement Page 30 Shareholder Information Page 117 Corporate Directory IBC Annual General Meeting The fifth Annual General Meeting of Myer Holdings Limited will be held on Friday 21 November 2014 at 11.00am (Melbourne time). Mural Hall Level 6, Myer Melbourne Store Bourke Street Mall, Melbourne VIC 3000 Myer Holdings Limited ABN 14 119 085 602 Front cover image: Myer Adelaide Left page top to bottom: Team member and customer; Homewares, Myer Adelaide; Childrenswear, Myer, Emporium Melbourne. CHAIRMAN AND CEO REPORT Paul McClintock AO and Bernie Brookes was able to maintain total sales of $3,143 million. On a comparable store sales basis, sales increased by 1.2 percent. It is encouraging that comparable store sales have now grown in eight of the last nine quarters, which points to our...

Words: 59709 - Pages: 239

Acc 206 Assignment 1- Annual Report Project

...ACC 206 Assignment 1- Annual Report Project http://homeworklance.com/downloads/acc-206-assignment-1-annual-report-project/ he purpose of a corporate annual report is to communicate to stockholders and other interested parties its financial statements. The annual report is a summary of the corporation’s operations over the previous 12-month time period and states the corporation’s plans for the future. Many annual reports are created to resemble a corporate brochure, using lots of pictures, color, charts and graphs. Despite the fancy look, the main purpose of the report is to provide the year’s financial data, which comes from the corporation’s accounting system. Instructions: Obtain a current annual report for any U.S. company you are interested in analyzing. You may download it from its Website or from the LRC database called Mergent Online. Each student must choose a different company to analyze; therefore, students must receive approval of the selected company from the professor by Week 5 of the class. Write a 2-3 page paper in which you: 1. Discuss the organizational governance and structure for the company. 2. Explain the cash flow position and the primary sources and uses of cash. 3. Discuss whether or not dividends were paid to the shareholders and how management made this determination. 4. Explain whether or not you would invest in the company. Your assignment must: Be typed, double spaced, using Times New Roman font (size 12), with one-inch......

Words: 322 - Pages: 2

Acc 206 Assignment 1- Annual Report Project

...ACC 206 Assignment 1- Annual Report Project http://homeworklance.com/downloads/acc-206-assignment-1-annual-report-project/ he purpose of a corporate annual report is to communicate to stockholders and other interested parties its financial statements. The annual report is a summary of the corporation’s operations over the previous 12-month time period and states the corporation’s plans for the future. Many annual reports are created to resemble a corporate brochure, using lots of pictures, color, charts and graphs. Despite the fancy look, the main purpose of the report is to provide the year’s financial data, which comes from the corporation’s accounting system. Instructions: Obtain a current annual report for any U.S. company you are interested in analyzing. You may download it from its Website or from the LRC database called Mergent Online. Each student must choose a different company to analyze; therefore, students must receive approval of the selected company from the professor by Week 5 of the class. Write a 2-3 page paper in which you: 1. Discuss the organizational governance and structure for the company. 2. Explain the cash flow position and the primary sources and uses of cash. 3. Discuss whether or not dividends were paid to the shareholders and how management made this determination. 4. Explain whether or not you would invest in the company. Your assignment must: Be typed, double spaced, using Times New Roman font (size 12), with one-inch......

Words: 322 - Pages: 2

Analysis of Target 2010 Annual Report

...Analysis of Target’s 2010 Annual Report In 1902 Target was incorporated in Minneapolis Minnesota (page2). Their business is divided into two segments, credit card and retail (page2). The retail segment would consist of internet sales and merchandising. While the credit card segment supplies credit cards to customers via Target Visa and the Target Card. Like most companies, Target does not operate on a calendar year. They operate on a fiscal year. The date used is determined by “Saturday nearest January 31.” For the year 2010, the fiscal year end date was January 29, 2011. In the 2010 fiscal year Target opened 13 stores to make the yearend number one thousand seven hundred and fifty stores (page 9,14), which was an decrease from the previous year. Target had many accomplishments during the 2010 fiscal year. Under the retail segment, there was a 3.7% increase in sale. Along with the opening of new stores and the remodeling of current stores; Target also repurchased of common stock. Currently, they are allowed to issue five million shares of preferred stock, but as of the closing of the fiscal year no shares have been issue or are outstanding (page 12, 34). Some future plans for the retail segment would include opening additional stores in the US and broadening it market in other countries like Canada. Current plans are to open 100 to 150 new stores in Canada by 2013. Along with the standard increase in sales and in RED card...

Words: 954 - Pages: 4

Annual Report Project

...Target Corp. is a well-known, nation-wide corporation that will soon been expanding internationally. Target’s goal is to provide exceptional quality merchandise and fresh foods for affordable prices. Their “Expect more. Pay less.” slogan goes far beyond just purchasing in store and online. Target provides exceptional service to their customers, whom they call “guests”, and provides benefits such as quarterly dividends to their stockholders. In the fiscal year, 2010, Target opened 13 new stores and of these new stores, 10 were in new locations. It is Target’s goal to create a convenient shopping experience across the U.S. In addition, Target Corp also supports strong corporate governance. Many of the corporate policies and practices that guide Target’s company were initialized more than 50 years ago when the Dayton brothers were the company’s leaders, however, the board of directors does recognize that policies and procedures must continually evolve to keep the business strong. There are three core elements to Target’s approach to governance: a highly independent and engaged Board of Directors, a management team whose interests are aligned with shareholders, and mechanisms that provide accountability to shareholders. The substantial majority of the Board of Directors is independent. Candidates are selected on several different basis, including: a history of success in their field, a relevant background in regards to business needs, and how well their skills and......

Words: 1092 - Pages: 5

Annual Report

...Annual Report 2005 - 2006 BANGLADESH TELEGRAPH & TELEPHONE BOARD Chairman's Message Advances in telecommunication & information technology (ICT) have done more than anything else to drive the last decade's economic boom and the integration of markets around the planet. Since telecommunications play an important role in the development of ICT as well as socio-economic condition of a country, development of telecommunication is essential. Bangladesh T & T Board (BTTB), the only public sector telephone service provider, is doing the best with its limited resources to provide most advanced telecommunication services to its valuable subscribers. BTTB has a firm policy to digitalize the complete network as soon as possible. Digitalization of BTTB network started back in the year 1983 and over the past few years, the installation of digital equipment has increased considerably. In the mean time, all the district headquarters & 377 upazilla's have been equipped with digital exchanges. Remaining upazillas will have digital exchange very soon. In the age of information technology (IT), a robust and efficient national transmission system is required to support telecommunication and data communications, as well as the IT activities of a country. With this end in view BTT B is gradually installing and expanding Optical Fiber network and SDH microwave links throughout the country.......

Words: 8025 - Pages: 33