Acc 300 Financial Analysis Project
Group 10
1. Contrast the similarities and differences of your two companies by examining the business models utilized by each. You may discuss how and where each company operates, who its customers are, how value is created for the shareholders, etc.
ExxonMobil's business: 2013 AR Page 3: Principal business is energy, involving exploration for, and production of, crude oil and natural gas, manufacture of petroleum products and transportation and sale of crude oil, natural gas and petroleum products. ExxonMobil is a major manufacturer and marketer of commodity petrochemicals. ExxonMobil also has interests in electric power generation facilities.

Where ExxonMobil operates: In the 2011 financial statements, ExxonMobil classifies its financial statements into geographical segments United States and Non-U.S.
Financial Statements page 56: Although revenue from United States is $150,343 million in 2011, revenue from non-U.S. also make up a significant $316, 686 million, which is equivalent to 67.8% of total 2011 revenue. Some of the significant non-U.S. revenue sources include the United Kingdom, Canada, Japan and Belgium. For instance, the UK provides ExxonMobil $34,833 million revenue in 2011.

Financial Statements page 56: ExxonMobil also has a lot of long-lived assets in Non-U.S. In 2011, U.S. long-lived assets are 91,146 million (42.5% total long-lived assets), while non-U.S. assets are 123,518 million (57.5%). Non-U.S. Countries with significant long-lived assets include Canada, Nigeria, Angola, Australia and Singapore.

Southwest's business:
2011 AR page 4+82: operates Southwest Airlines, a major domestic airline that provides point-to-point, low-fare service. As of June 30, 2011, Southwest was the largest domestic air carrier in the United States, as measured by the number of originating passengers boarded.

Where