Financial Management and Analysis

(i) Strategically analyse the Thomas Cook financial and non-financial performance in the 2011 financial year as well as the Chairman’s statement. See the Thomas Cook Case Study document enclosed. Financial and non-financial indicators are presented in Exhibits A-F and Tables 1-11 on pages 3-12. Table 11 provides definitions of the three terms used in classifying the company’s businesses. (30 marks) (ii) Based on budgetary control practices in your organization, briefly review the Thomas Cook Chairman’s statement on managerial concerns over the company’s budgetary control systems, with the view to advancing possible options for the Chairman’s consideration. (10 marks) (iii) In the light of your analysis in (i) and (ii), make appropriate and wide ranging recommendations to One-World Investment Consortium. Justify your recommendations. (20 marks) Note: Support your analysis and recommendations with relevant academic reference(s). (60 marks) Given the long-term nature of investments projects, critically evaluate techniques which may be used to generate information to support managers responsible for such decisions in your employer organisation by: a) Evaluating cash flows arising over many time periods (25%) b) Taking into account the risk associated with such long term projects (15%)