ASSIGNMENT – BMMF5103

OUM BUSINESS SCHOOL

SEPTEMBER 2014

BMMF5103

MANAGERIAL FINANCE

MATRICULATION NO
IDENTITY CARD NO.
TELEPHONE NO.
E-MAIL
LEARNING CENTRE

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CGS00965001
830825-14-5638
019-2289044 nuraishah.baharudin@gmail.com Kuala Lumpur Learning Centre

ASSIGNMENT – BMMF5103

TABLE OF CONTENT

Introduction to the companies’ background…………………………………………………….….2
Calculation of relevant financial ratios of both companies……..………………………………….4
Analysis of the relevant financial for both companies and Comparison and evaluation of the two companies financial performance based on the computed ratios…………………………………..13
Conclusion…………………………..……………………………………………………………...42
References…………………………..………………………………………………………….…..45
Appendix A
Appendix B

1

ASSIGNMENT – BMMF5103

Introduction to the Companies’ Background
Malaysia Airlines Berhad
Malaysia Airlines’ journey in achieving its current reputable position has been a remarkable one. On 12th October 1937, Malayan Airways Limited (MAL) was born.
In 1965, with the separation of Singapore from Malaysia, MAL became a bi-national airline and was renamed Malaysia-Singapore Airlines (MSA). Malaysia introduced
Malaysian Airline Limited, which was subsequently renamed Malaysian Airline
System, headquartered at the Sultan Abdul Aziz Shah Airport in Subang, Selangor, and took to the skies on 1st October 1972. The airline operates a fleet of 129 aircrafts, flying to nearly 111 destinations across the world. On 1st July 2012, Malaysia Airlines cemented its position as one of the leading airlines in the world with the historic launch of its A380 scheduled service between KL International Airport and London
Heathrow. The airline holds a lengthy record of excellence, having received more than
100 awards in the last decade. The airline has suffered high losses over the years