Abstract:
In any organization, financial statements are main tools to convey the financial information to the shareholder, creditors & those who are interested with the information. To know about the financial condition every company must create four financial statements with extensive financial data during a time frame. These four financial includes over assets, liabilities, shareholders, equity to total income & lastly cash flows.
From a company’s financial statements where it includes exclusive financial data by which shareholder’s & creditors can consider that why they invest in that company. Financial statements are very important to the internal managers & executives because they can take the decision that how efficiently they need to give their effort to the company. It is also important to the supplier as they are giving the main materials to the company.
GEEBEE Garments, one of the renowned names in the garments industry of the world, which offers manufacturing and garments supply services with multi partners over numerous nations for over 130 years. This Garments is a foreign owned company. The Head office of this company is in Dubai & operating successfully. GEEBEE believes in integrity, Beliefs, words & actions that actually enables them for long to run the organization.
To analyse this report on financial performance analysis, few financial methods & tools have been used to get the result like horizontal analysis (Trend Analysis), common size income statements & ratio analysis.
