Abstract:
A brief overview of the financial results of Titas Gas Transmission and Distribution Company
Limited from the years 2017 to 2019 is presented in the paper. A vertical balance sheet and income
statement was generated from Titas gas's balance sheets and income statements. Both figures are
grouped by total assets in the vertical balance sheet and presented as a percentage. Both figures
are separated by revenue in the vertical income statements and expressed as a percentage, including
averages and standard deviations. A particular technique is used to generate the horizontal balance
sheets and financial statements.
This report has organized in five chapters. In this report introduction part has been discussed in
chapter one. Introduction of the study, background, origin, objective, methodology and limitations
of the study are discussed in chapter one.
In the second chapter over view of Titas Gas Transmission and Distribution Company Limited has
been discussed. This chapter contains company’s background, mission, vision, values, products
services and business. Third chapter includes theoretical knowledge, financial tools, measurement
techniques and the application of financial performance.
Fourth chapter is very significant part of the report, which comprises financial performance
analysis. It includes the performance of trend analysis (revenue, operating profit, profit after tax,
total assets, and liabilities), common size income statement and ratio analysis (Liquidity, Activity,
Debt, Profitability). From the analysis the result is quite satisfactory. And made some findings
based on analysis.
Finally, in the last or five chapters some suggestions provide for improvement in financial
performance. And over all conclusions is given in this chapter.
