BUSINESS SCHOOL


ACCT3013: Financial Statement Analysis
Semester 1, 2025

Individual Assignment
The individual assignment is designed for students to demonstrate and apply the knowledge and skills covered
in lectures/tutorials to a real-world financial analysis scenario.
Each student will be required to perform an analysis of the financial statements for one of the three listed
Australian companies that will be randomly assigned through Canvas. These companies are:
1. Woolworths Group Limited (ASX code: WOW)
2. Coles Group Limited (ASX code: COL)
You will then collect information through public sources to critically evaluate the financial performance/position
of a company in addition to using the restated financial information in the templates for each company provided
on Canvas. Students will be assessed on their ability to formulate an understanding of an entity’s operations
using information obtained from research and how this is reflected through their financial statements. To
succeed in this component, students need to demonstrate their ability to:
• Locate and collect financial and operational information of a company.
• Understand the strategic direction of the company and competitive advantage of the company within
the context of the relevant industry characteristics.
• Use pro-forma financial statements of the company to complete a financial analysis template.
• Use financial statement information to assess the performance of the company
• Draw insights through analysis of financial ratios to arrive at conclusions on the financial
position/performance of the company

The individual assignment is worth 15% of your final mark and is due at11:59pm on Monday, 12th May 2025.
Submission Instructions
Your submission should address the questions outlined in the next page. Supplementary information such as
the required ratio calculations and forecast financial information can be done in MS excel and copy/paste into
the document. Any information placed in an Appendix, including the list of references, will not be counted
towards the word limit.
Format: The report is to be submitted using Word doc, 12-point font (Times New Roman, Arial or
Cambria), paragraphs formatted with 1.5-line spacing, and with margins not less than 2cm.
File name: Your submission should be saved and named using the following format: acct3013_IA_SID

Referencing: Students should follow the rules set out in the APA 7th referencing style. Please refer to the
library site for further information and expectations about consistent referencing:
https://libguides.library.usyd.edu.au/citation/apa7
Word limit: The word limit for the entire report is 800 words.

Late Submissions

A student that submits an assessment late (after the official due date), and is not covered by an approved
Special Consideration, or submits after the extension granted under a Special Consideration, the penalty of
5% of the Total Available Marks per day or part thereof, until the close date will apply, after which the student
will receive 0 marks.

NOTE: All assessment tasks relate to the company assigned to you as shown on Canvas.

Assessment task (30 marks):

1. Evaluate the assigned company’s competitive position (i.e. is it strong or weak?) in the Australia supermarket
industry. Provide support for your answer with reference to at least one of the forces from the Porter 5-forces
model. [4 Marks]

2. For the assigned company, evaluate the significance that estimates used in the preparation of financial
information has on the Income Statement. [4 Marks]

3. For the assigned company, using the respective information given in the template provided on Canvas,
complete the financial ratio analysis with the traditional and alternative approach to decomposition of
profitability. [4 Marks]

4. With reference to the condensed financial statements and ratio analysis competed from Part 3, critically
evaluate the financial performance of the company. You should evaluate the company’s performance by
identifying the key drivers of profitability and incorporate your understanding of the competitive landscape
in the industry. [8 Marks]

5. Provide a short report on the recent half year results for the assigned company using generative AI (refer to
the resources at the bottom of the page). Briefly discuss any key highlights that, in your opinion after
checking with appropriate research, should have been included in the half year results summary from using
generative AI. [5 Marks]

6. Formulate a sales growth estimate for the assigned company for the 2025 full year reporting period. Include
in your answer the basis for your estimate, and the assessment of any impact of the ACCC report into price
gouging by the Australian supermarkets on your sales growth estimate. [5 Marks]


RESOURCES FOR USE OF GENERATIVE AI
Canvas site – guidance for students:
https://canvas.sydney.edu.au/courses/51655
Access to generative AI through Microsoft Co-pilot:
copilot.microsoft.com



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