Finance thesis topic

The company invested back £13, 235.9 million in the financial year 2006 compared to £10,746.1 million the company invested in the 2005 financial year. In fact, the company invested £2489.8 million more in 2006. Therefore considering the increase in the wagered amount invested, we can conclude that the company was on the growth path. During this financial year, the company realized gross revenue of £894.2 million that was higher than gross revenue of £805.3 million realized in the previous fiscal year. The company’s gross revenue grew by £88.9 million during the 2006 fiscal year. The cost of sales for the company was £160.3 million during this financial year as compared to the cost of sales of £174.1 million during the previous financial year. This shows that the company cut down on its expenses during the 2006 financial year. The company may have cut down on its expenses due to the introduction of internet betting and gaming products that require less financial investment in marketing and advertising. The company realized a growth of £102.7 million in gross profit higher than gross profit that was realized in the financial period ending on 27th December, 2005. The company’s gross profit for the 2006 financial year was £733.9 compared to £631.2 in the previous period. The company reported results of associate in the 2006 financial year amounting to £3.6 million compared to £2.6 million realized in the previous fiscal year. In the same fiscal year, the company reported higher operating profits of £292.2 compared to £218.1 million in the previous year. The company realized an investment on income of £13.0 millions. William hill plc reported high pre-tax profits of £235.4 million compared to £174.6 million reported the previous year. The company’s after tax profits for the financial period ending 27, December 2006 was £166.8 million compared to £113.1 million reported in the financial year ending 27, December 2005.It therefore means that the company’s after tax profits grew by £53.7 million in 2006. William Hills plc paid its shareholders basic dividends of 45.5 pence earnings per share compared to 29.0 pence in the preceding year. The company’s consolidated balance sheet as at 26 Dec, 2006 shows that the company had non-current assets valued at £1563.5 million compared to £1528 million registered in the previous fiscal year. The company’s total assets were valued at £1707.5 million compared to £1625.5 million in financial year ending December 2005. The current liabilities for the fiscal years 2006 and 2005 were valued at £181.4 million and £143.7 million respectively. The company’s non-current liabilities were valued at £1335.6 million and £1233.2 million in financial year 2006 and 2005 respectively. The company’s total liabilities were valued at £1517.0 million in 2006 and net assets at £190.5 million. Therefore, in the financial year ending December 2006 William Hill plc reported a total equity