Financial Management – Module Assignment

Financial Ratios, Risk and Return Analysis of
PT Ace Hardware Indonesia Tbk

PREFACE

This Financial Management Module Assignment has been prepared to fulfill the requirements of the subject.
In this module assignment, we will discuss our analysis about PT Ace Hardware Indonesia Tbk as our object of this assignment. We reviewed and analyzed the firm’s financial statements periodically, both to uncover developing problems and to assess the firm’s progress toward achieving goals. Financial ratios enable financial managers to monitor the pulse of the firm and its progress toward its strategic goals.
We also analyzed about a firm’s risk and expected return directly affect its share price. It is therefore the financial manager’s responsibility to assess carefully the risk and return of all major decisions so as to ensure that the expected returns justify the level of risk being introduced.
It is hoped that this module assignment can fulfil the requirements of the subject in this semester.

Jakarta, December 2010
Team

BRIEF CONTENTS

COVER PAGE 1
PREFACE 2
BRIEF CONTENTS 3

CHAPTER 1 INTRODUCTION A. PT Ace Hardware Indonesia Tbk 5 B. Corporate Vision 6 C. Corporate Mission 6 D. Corporate Culture 6

CHAPTER 2 FINANCIAL STATEMENTS A. Balance Sheets as of December 31, 2005, 2006 7 B. Balance Sheets (cont’d) as of December 31, 2005, 2006 8 C. Statements of Income for the Years Ended December 2005, 2006 9 D. Balance Sheets as of December 31, 2007, 2008, 2009 10 E. Balance Sheets (cont’d) as of December 31, 2007, 2008, 2009 11 F. Statements of Income for the Years Ended December 2007, 2008, 2009 13

CHAPTER 3 SUMMARY OF ANALYSIS A. Summary of