Financial Statement Analysis for Kier Group PLC

Abstract

The aim of this report to analysis critical evaluation of the history of development, analysis of the financial performance in last two years and critical evaluation of #x201C;Balanced Scorecard#x201D; to analyse Kier Group plc#x2019;s performance. This study closely calculate financial performance for Kier group and compared with comparative company Barratt Plc during 2010 to 2011. As well as the report evaluate Balanced Scorecard. The report for Kier group plc is that the share price, revenue and dividend per share increased in the past two years resulting in increasing revenue from the construction division. Kier increased profit in the last two years and increased a dividend which is a good indication for growth in market share. However the credit crunch, current financial crisis and falling house prices have affected both the property division and have hit their competitor company Barratt plc very hard. Revenue has not increased in last two years plus stock turnover increased sharply. However Barratt Developments can#x2019;t survive according to the Z analysis results from appendix 11, but Kier Group is in a better financial position, because Kier has specialised in building and civil engineering, support services, public and private house building property developments and the private finance initiative.